£75 million turnover in sight 

November 30, 2017

Metnor Construction Ltd looks back on a successful anniversary year, where a shift in strategy and team work have helped the company achieve impressive growth

Celebrating 15 years in business in 2017 has given Metnor Construction Ltd the chance to reflect on its growth and development, which has been particularly impressive over the last few years.

Faced with a challenging economic climate, this growth is testimant to the dedication of the whole team, who have worked hard and collaborated to adapt practices that have improved operations.

A shift in strategy towards care homes and student accommodation also enabled Metnor to double its turnover in 2016 and it is targeting a £75 million profitable turnover this financial year.

This growth has also allowed the company to attract some of the region’s top construction professionals, raising staff levels from 29 to more than 50 within the last two years.

Metnor Construction Ltd is one of four divisions of the Metnor Group Ltd, a multi-disciplined contractor formed in 2002, operating primarily in the commercial, hotel, education, leisure, stadia and healthcare sectors.

Metnor Construction’s activities cover traditional contracting, design and build, partnering and management contracting.

Earlier this year, the team completed a £21 million Canary Wharf project – The Point Data Centre. The firm constructed the shell and core of the three-storey centre, which is located on Millwall Inner Docks on the Isle of Dogs, Canary Wharf.

The team along with the client, TH Real Estate, and representatives from Paragon Building Consultancy and Saradan Design & Management Ltd who worked with Metnor on the project, celebrated the completion of the work together.

Marcus Langlands Pearse, director of Henderson UK Property PAIF, TH Real Estate says: “I was glad that we were able to understand the passion that went into the project as well as conveying our pleasure in how it has turned out.”

The team from Metnor Construction are all based from the North East and believe that it is the local work ethic that contributes to success and growth.

Looking to the future, Metnor’s focus is on maintaining its position. With such an increase in revenue and size having been achieved in recent years, the team are aware of the risks, and so working on stabilising turnover and maximising the strength of current relationships is critical.

Chris Cant, managing director of Metnor Construction concludes:

“I never want to be too comfortable, I encourage staff to challenge decisions, bring ideas to the table and throw as many ‘curve balls’ as possible to keep the business looking forward.”

Metnor Construction Ltd
0191 268 4000

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