Modular construction business celebrates best ever year as turnover hits £50m
Modular construction business Integra Buildings has celebrated a record year, and has highlighted a string of contracts which have underpinned this growth.
East Yorkshire-based Integra recorded turnover of £50m in 2023 for the first time in the company’s 27-year history.
Income reached £50.4m in the year ending December 31, 2023, up 18% on the previous 12 months, with pre-tax profits of £6.6m, up from £2.8m in 2022.
Key to the success were a series of projects, including the delivery of a £6m new facility for a world-class sports organisation, as well as contracts won with blue chip clients including Network Rail and Transport for London.
Integra says it continues to deliver major investments at its headquarters site in Paull, near Hull, including an expanded head office and wide-reaching sustainability initiatives.
It has set its sights on exceeding £60m turnover in 2025 and is investing in its team to lay the foundations for continuing growth.
CEO Gary Parker said: “Hitting £50m turnover for the first time reflects a hugely successful period for Integra, delivering impactful projects for clients spanning both the public and private sectors.
“As we have grown organically, we have evolved from a modular manufacturer to a full-service modular construction company which is delivering turnkey projects spanning design, consultation, planning, manufacture, delivery and installation.
“Throughout our history, we’ve remained focused on delivering buildings of outstanding quality. Our reputation for excellence and consistently exceeding expectations is driving ever-growing numbers of enquiries from clients looking for modular solutions to their projects.”
As well as smaller scale contracts, a total of 15 projects worth at least £1m each were successfully delivered during 2023.
Integra’s single biggest project during the year was a development for one of the world’s best-known sports organisations.
The business also delivered a Wellbeing Hub for NHS staff at Southampton General Hospital.
Other important contracts included a staff accommodation and maintenance building at Transport for London’s Neasden Depot and a new training centre for Network Rail at its Innovation & Development Centre in Tuxford, Nottinghamshire.
Integra continues to work with leading organisations including National Highways and the Ministry of Defence with a healthy order book and pipeline of high-quality contracts.
Chris Turner, managing director, said: “Our strong performance is in line with a structured growth plan which was put in place to ensure we remain at the forefront of a fast-growing modular construction industry.
“It means, as a business, we are well placed for the next chapter of our story, as we continually look to evolve the services we offer to our clients.
“I’d like to take the opportunity to thank all of our team who have played a massive part in what was the most successful year in Integra’s history.”
The firm is also midway through a £2m investment programme at its East Yorkshire site, including a self-built expansion to its modular head office.
Over the past six years, Integra’s workforce has grown from a team of 80 to around 180, and the new space will cater for the company’s expanding office-based team.