Building contractor John N Dunn Group says the pandemic had a significant impact on its trading as operating losses widened to £769,422 last year.
The latest accounts for the Wallsend-based firm - which operates across northern England and Scotland - show turnover fell by 30% from £32.2m to £22.4m in the year to the end of March 2021.
Directors said the firm, which employs nearly 250 people, would have returned an operating profit had it not been for the impact of Covid and that now a cost cutting exercise would see it return to profit.
