Tilbury Douglas reports another strong year with improved trading performance
Tilbury Douglas, a leading UK building, fit-out, engineering and infrastructure business, has published its 2025 Group accounts. The Group’s focus on the disciplined execution of its strategy delivered results ahead of its five-year plan and generated clear forward momentum.
Financial highlights:
- Gross revenue up 12% to £692.1m (2024: £619.6m)
- Consolidated revenue up 11% to £600.1m (2024: £541.6m)
- Operating profit up 28% to £14.6m (2024: £11.5m)
- Operating margin increased to 2.4% (2024: 2.1%)
- Cash balance up 28% to £65.1m (2024: £50.7m)
- Fair Payment Code Silver status achieved
- The Group remains debt free
- Order book up 17% to £1.48bn (2024: £1.26bn)
2025 marked a significant milestone for Tilbury Douglas, with the launch of its Environmental, Social and Governance (ESG) Strategy. This sets out clear ambitions to create, deliver, measure and report sustainable value for customers, colleagues and the communities in which it works. This reinforces the Group’s commitment to leaving a lasting positive impact across the UK.
Craig Tatton, Chief Executive Officer at Tilbury Douglas, commented: “Our 2025 performance reflects the strength of our business model and our focus on sectors that offer long-term demand with a balanced risk profile. By leveraging our regional presence and investing in our customer and supply chain relationships, we continue to deliver high-quality outcomes across our business service lines.
We remain firmly committed to becoming the leading UK contractor in our chosen sectors by 2029. To achieve this, we are targeting a £2bn+ order book, industry leading Net Promoter Scores, and an operating margin in excess of 3.5%, all underpinned by a strengthened balance sheet.”
Nicholas Pollard, Chair at Tilbury Douglas, added: “Looking ahead, we will continue to strengthen our core businesses while pursuing new, appropriate opportunities that build on our experience and will ensure that Tilbury Douglas continues to thrive. With strong business foundations in place, we are well-placed to pursue further growth, scale up our operations and deliver sustained value.”