Integra Buildings, a UK-based modular construction company, has reported a record-breaking year with a turnover reaching £50.4m ($67.39m) in 2023 for the first time in its 27-year history.
The company’s financial performance for the year ending 31 December 2023 shows an 18% increase from the previous year, with pretax profits at £6.6m, increasing from £2.8m in 2022.
The success was bolstered by major contracts, including a £6m facility for a sports organisation and deals with clients such as Network Rail and Transport for London.
The company’s growth was supported by significant investments at its headquarters in Paull, near Hull, which include an expanded head office and sustainability initiatives.
With a robust order book and a promising pipeline, Integra aims to surpass £60m in turnover by 2025 and is investing in its workforce to sustain this growth trajectory.
Over the past six years, Integra’s team has more than doubled in size, growing from 80 to approximately 180 employees.
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By GlobalDataIn 2023 alone, Integra completed 15 projects valued at more than £1m each. The business continues to secure high-profile contracts with organisations such as National Highways and the Ministry of Defence, contributing to a strong order book.
Sustainability is a key focus for Integra, which is on a path to becoming carbon neutral by 2038.
Maintaining its dedication to operational excellence, Integra has upheld its three International Organization for Standardization (ISO) accreditations in Quality Management, Environment, and Health and Safety.
The business is also working towards achieving ISO 19650, which sets international standards for managing information throughout the life cycle of a built asset.
As the modular construction sector grows, Integra is actively engaging in research and development to innovate new products such as a modular custodial cell that meets government standards.
Integra managing director Chris Turner said: “Our strong performance is in line with a structured growth plan which was put in place to ensure we remain at the forefront of a fast-growing modular construction industry.
“It means, as a business, we are well-placed for the next chapter of our story, as we continually look to evolve the services we offer to our clients.”