Revenues hit £90m for specialist healthcare construction firm

MTX completed the Norfolk and Norwich University Hospital project
X The Business Desk

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Healthcare building specialist MTX Contracts is celebrating a decade of year-on-year growth, with 2021 revenues in excess of £90m.

This has been boosted by several projects including flagship scheme, The John Radcliffe Hospital in Oxford, a five-storey critical care unit, and is the largest in the company’s history.

This follows the completion of Norfolk and Norwich University Hospital project last year, which is one of the most efficient builds, cutting what would have typically been a three-year project into just one, and allowing them to serve as the Nightingale Hospital for the region.

David Hartley, managing director at Wilmslow-based MTX, part of said: “It’s no surprise that the pandemic saw hardships for multiple businesses.

“However, in a year that saw increased demand across the healthcare industry, pressures placed on funding and speed of delivery, modern methods of construction (MMC) has provided a fast-track solution with minimal disruption.

“We were incredibly lucky and thankful that through flexible working we have not had to furlough any of our team during the pandemic – and more recently – we’ve expanded our workforce to meet the increased demand for the construction of healthcare facilities.

“We’ve also managed to achieve an accident frequency rate of 0.01 per cent, which is exceptionally low for the industry.”

Wherever possible MTX works with the local supply chain and 12% per cent of all profits is reinvested into community initiatives.

David added: “We’re honoured to support those we employ and in our local communities and last year we were recognised in The Investors in People 2020 Gold Awards.

“The projects we work on provide so much value to the communities in which they operate, and we want to reflect that in the work we do and play our role in both the future of our sector and our region.

“We’re constantly on the look out for ways in which we can support others, and we hope that our next decade brings with it as much success.

“We couldn’t have achieved what we have without the incredible hard work of all our employees and key service providers.”