Essex-based construction contractor Thomas Sinden Limited has filed its accounts for the year ending 31st March 2025, reporting a 72% increase in turnover from the previous year.
Turnover reached 拢65.2m, up from 拢38m in 2024, while profit before tax was 拢2.07m, more than doubled the 拢839,000 profit made in the previous year.
The medium-term target is to turn over 拢100m.
Directors said that the financial performance reflected the strategic efforts undertaken by the business since a new ownership structure was introduced in 2021.
Cash at year-end more than doubled to 拢10.2m, up from 拢4.8m.
鈥淭hese results represent a major milestone for Thomas Sinden,鈥� said commercial director Steve Wood. 鈥淲e鈥檝e laid the groundwork over several years to build a scalable, efficient business that delivers high-quality construction outcomes collaboratively and consistently. Whilst there is still more work to be done to return to pre-covid margin levels, we鈥檙e on a clear trajectory. Our medium-term goal is to achieve net margins of 4鈥�5%, and an increase in turnover to 拢100m.鈥�
However, he added: 鈥淥ur strategy has never been about growth for growth鈥檚 sake. We focus on building long-term partnerships and delivering value in every project. This customer-centric ethos is a key reason why we are consistently trusted with complex, high-quality work in both public and private sectors.鈥�
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