Construction Company Robert Woodhead Limited (part of the Woodhead Group) saw turnover rise by 27% in 2016, with a similar increase in the number of employees.
The East Midlands based business, which was named this year in the London Stock Exchange’s 1,000 companies to inspire Britain report, saw turnover rise to £51.8m in the financial year, exceeding £50m for the first time.
The business has seen a pattern of growth across Nottinghamshire, Derbyshire and Lincolnshire. Significant contract wins have served to bolster the Company’s figures, including its first ever £10m order, a project to deliver a two and a half year housing improvement programme on the New Bolsover Model Village. The company also secured the £5.4m contract for the construction of the University of Nottingham’s Research Acceleration and Demonstration (RAD) Building, which will stand out as one of the most sustainable buildings in the UK, placing Nottingham as a leading city in global energy research.
Managing Director, David Woodhead, said: “In the past few years we have seen significant growth across the whole business, which has seen our staff numbers increase, as well as the size and scale of projects we are undertaking.”
During 2016 the business invested more than £250,000 in training, from supporting apprentices as they start their career, to providing leadership training to those progressing into management positions within the business. Woodhead has taken on a number of apprentices from joiners, groundworker and plasterers working on the New Bolsover Model Village project along with a variety of non-trade apprentices working throughout the business.
It’s also been another award winning year. Woodhead has taken home a number of accolades for a variety of its projects, including two awards at Friday night’s Celebrating Construction in the East Midlands Awards.
Possibly the greatest recent success came when a Woodhead development was named the Most Considerate site in the UK (under £500,000) by the Considerate Constructors Scheme (CCS), joined by another four national CCS Awards. All of these sites have achieved fantastic results for the communities they serve across the East Midlands.
David continued: “We are very pleased to have been recognised in the top 1,000 companies to inspire Britain, this is due to the hard work and dedication of many people. We are now looking to build on the success of last year and be leaders in considerate construction, local community involvement and delivering social, economic and environmental value.”
The company is looking ahead to another year of growth, with figures for the first quarter showing positive strides. Woodhead started 2017 by investing in a new fleet of vans, now being driven across the East Midlands.
The coming year will mark the start on site for Woodhead Homes, the business’ specialist team building Woodhead’s own homes for sale. This is the first time the business has built its own properties in twenty years, and it is doing so in its home village of Edwinstowe.