North East construction company Brims says it is looking ahead with confidence after a strong year with rising revenues and profits, despite challenges of labour and material shortages.
The Sunderland based business posted a 27.5% increase in turnover to £33.35m in the year to March 31, while operating profit also rose, by 65% to £2.33m. Pre-tax profit meanwhile was £2m, up 53% on the 2021 figure. The company covers diverse sectors across the North East and projects during the year including a £5m housing project in Gateshead, a £1.9m specialist day school at Ashbrooke School in Sunderland, school extensions at Benedict Biscop & St Pauls, Sunderland for £1.1m, the £4.9m Blyth sports centre refurbishment.
A £2.3m new Home Bargains store in Ashington was also completed in January, as well as a £2.3m advanced engineering research facility in Newcastle. Brims said it has seen increased activity in the Teesside area and over the last year has constructed offices in the Port of Middlesbrough for AV Dawson, a health centre in Stokesley and currently has a residential scheme for Middlesbrough Development Company on site.
