Stafford-based Inco Contracts has seen a 46 per cent surge in its turnover thanks to a string of new instructions.
The contractor, which specialises in industrial and commercial refurbishment schemes, is celebrating a record year, which saw its turnover rise to £36 million in 2023.
Latest wins in the West Midlands, North West and South East will see the company use the latest sustainable construction techniques to deliver a range of warehousing, office space and factory units for a growing list of nationwide clients.
Satellite offices in Warrington and Stevenage “continue to attract new opportunities” and the workforce has trebled since a Management Buy-out (MBO) led by current Managing Director David Cotterill and Operations Director Sam Norton.
Sam said: “The last 12 months have been our busiest yet and this is being fuelled by the near doubling in demand for warehouse space.
“60 per cent of industrial units are now used by retailers, who have been rapidly expanding their distribution networks. This requires new and additional space, all of which require fit out, modification and building fabric works that we specialise in.”
He added: “Since the MBO in 2020, we have seen turnover rise from £13 million to £36 million and this has only been possibly through the strength of our supply chain and the people we employ – that’s what makes us different.”
David said: “Our new satellite offices have played a significant part in our expansion, allowing us to recruit the very best talent across the West Midlands, Stevenage, and Warrington.
“One of Inco’s biggest assets are our people, from our directors and senior leadership team, through to our support staff and experienced teams out on site.
“Having the local bases has given us truly nationwide coverage and has definitely led to a rise in the number of contracts we are winning in these areas.”
- Last year, more than 50 staff from Inco Contracts gave St Giles Hospice’s base in Lichfield a makeover, equating to 320 volunteer hours and £40,000 spent by the company on materials. The DIY SOS challenge was completed in memory of a former employee who was cared for by the St Giles team. Read more here.
