Leeds construction firm to surpass £20m turnover in milestone year
A Leeds-based construction company is on track to exceed the £20m turnover mark this year.
Castlehouse Construction celebrates a decade in business and reports a strong pipeline of work with £15m+ projects already underway this year.
The company was formed in 2009 by directors Richard Lumley and Frank Kofler, who combined their experience of working for and founding major companies in the Yorkshire region for more than 40 years.
Castlehouse now employs more than 30 staff from its Leeds headquarters.
Richard Lumley, chairman of Castlehouse Construction, said: “We are immensely proud to celebrate our 10th anniversary in business with a strong order book and growing workforce.
“We put our year-on-year organic growth down to getting the right team in place, together with stringently managing projects and establishing strong partnerships with our clients.
“The UK construction sector may have ended 2018 on a weaker footing amid fading demand for commercial projects and the growing risk of a no-deal Brexit, but we are fairing well and are confident of a strong pipeline of projects in 2019/20 and further growth.”
Turnover has increased from £195k in 2011/12 to more than £20m in 2018/19, and the success is as a result of the company’s growing partnerships with major retailers and with an increasingly diverse portfolio.
The company has a nationwide framework agreement in place with Lidl and has recently completed its 20th new build project for the retailer.
This year, the firm has completed a purpose-designed £4m Priory accommodation in the grounds of Sneaton Castle in Whitby for the Order of the Holy Paraclete, which was recently featured on BBC’s Songs of Praise.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans