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Benefit development for employee-owned Triton

Machexpert by Machexpert
August 26, 2025
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Founder/chairman Mike Parkinson
Founder/chairman Mike Parkinson

Having seeing turnover fall from £62m to £51m in its 2023/24 monetary yr, Triton Building has filed its 2024/25 accounts appearing turnover again up just about 20% at £60.5m.

For the yr to 31st March 2025, income nearly doubled: running benefit was once £1.30m (2024: £672,000) whilst pre-tax benefit was once £1.34m (2024: £676,000)

Chairman Mike Parkinson based the trade two decades in the past in Liversedge and offered it to an worker possession believe in 2020. Within the 2025 annual record he wrote: “The business continues to stand a number of headwinds with a basic downturn of alternatives brought about by means of financial uncertainty, as a result of the unknown results of globally price lists and business offers. It’s subsequently in particular satisfying to record wholesome ranges if expansion in each turnover and profitability right through the length.

“Skilled stories don’t foresee any vital expansion throughout the development business over the approaching yr; alternatively, we’ve got already secured a big proportion of our required order e book, with excellent high quality shoppers and, importantly, managed dangers. This implies we’re smartly positioned to proceed our development with managed enlargement and stepped forward margins. We’ve observed our key framework partnership with Premier Inn make vital development and the extent of task is now consistent with that skilled pre-covid. We’ve additionally made efforts to expand our sector actions and feature made development in securing quite a lot of defence-based contracts.”

Were given a tale? E-mail information@theconstructionindex.co.united kingdom



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