Sutcliffe reports record annual revenues

Full-year revenues at Liverpool civil and structural engineering firm Sutcliffe have hit a record £5.2m with pre-tax profits also up 8%. Tony McDonough reports

Sean Keyes
Sean Keyes, managing director of civil engineering firm Sutcliffe

 

Liverpool civil and structural engineering firm Sutcliffe says turnover hit a record £5.2m in the year to September 30, 2021.

Pre-tax profits at the firm are also up 8% although it has declined to offer an actual figure. Like all limited companies Sutcliffe is required to file annual accounts to Companies House. However, firms with a turnover under £10.2m aren’t compelled to include profit or loss figures.

Sutcliffe’s latest turnover figure is 9.5% higher than the previous year. The business, which also has offices in Manchester, Wrexham and London, says it is on course to break through the £6m barrier in the current year.

Headcount at the company is also up 12% and exceeds 50 people for the first time. In February LBN reported Sutcliffe would give 50% of its profits to staff. This will be distributed in the form of pay rises and other incentives.

Sutcliffe celebrated its 35th anniversary in 2021. It has completed more than 32,000 jobs in that period. In the past 12 months it has secured a number of new deals and is now working on projects worth a combined total of more than £500m.

These projects include work on 155 new homes in Wigan for Torus Developments and 177 new homes in Salford for Salford Council with Seddon Group. It is also working on the new Mossley Hill mental health hospital in Liverpool.

Sean Keyes, managing director of Sutcliffe, said: “Our company’s success has been down to our staff members’ hard work and dedication. More than 90% of our team stayed office-based throughout the pandemic. They worked around the clock to produce the best results for our clients.

“We will continue to lead the way for innovation and collaboration in the Liverpool city region and beyond. With our team currently overseeing numerous exciting projects in the education, healthcare and residential sector, I have no doubt that we will continue to shape the future of our city.”

New recruits included graduate engineer Matthew Carney, building surveyor Claire Highcock and a number of Kickstarters and apprentices. Kickstarter Ryan Williams has recently gained full-time employment with the firm.

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