Business & Economy
Hebburn-based Castle savours record £110 million order book
December 18, 2023
A building services firm says it has the foundations for future success after securing a record forward order book.
Castle has projects worth £110 million for 2024 and 2025.
And the work will be overseen by a new senior team, with the Hebburn-headquartered company having undergone a recent management buyout.
Co-founder and chief executive Tony Lister, managing director Andrew Dawson and technical director Simon Groom have assumed control following the retirement of directors Allan Carr and David Harland.
Known for engineering and contracting services across the construction, mechanical, public health, renewable and electrical engineering sectors, Castle has led the build of semiconductor maker Pragmatic’s £70 million factory at Meadowfield, near Durham City.
Andrew said: “We’ve had a very strong year and have put in place a clear, forward strategy we are very confident will deliver exceptional and sustainable growth.
“We are set to increase our turnover in the next 24 months, which is additional evidence we are delivering a consistently high-quality product.
“Our board of directors and senior management team have been in place for many years, ensuring stability, consistency and certainty.
“Essentially, its business as usual.”
Castle, which complements its South Tyneside headquarters with offices in Teesside, Glasgow and Edinburgh, was named SME of the year at the Constructing Excellence North East Awards 2023.
Simon said: “The award was a real confidence boost.
“It was official confirmation for Tony, Andrew and I the strategy we are delivering was viewed by highly influential players and opinion formers within the industry, as being well managed and sustainable.”
Tony added: “The company wishes to extend its gratitude to Allan and David for their significant contributions over the past two decades.”