Despite the ongoing uncertainty around the UK’s decision to leave the EU, industry contractor T Clarke has reported “steady, but cautious” improvements in its core markets.
The firm revealed it has a “strong order book” of more than £300 million as its performance “continues to be in line with the Board’s expectations.”
Major deals include securing four key package deals valued at £56 million on the 22 Bishopsgate project in London. These are:
• Electrical, Shell & Core
• Electrical, Cat “A” Fit Out
• ELV (Systems Integration) Package, including BMS, ICT and Security
• Fire Alarm Installation
Onsite activities will start next year to be completed in 2019.
Furthermore, the group has secured a £24 million M&E fit out scheme at The International Quarter in London, while two new student accommodation schemes are being carried out in Newcastle.
In Scotland, three quarters of revenues for next year have now been secured including the following notable recent wins in the residential sector:
• Barratt Homes West Scotland, Bonhill, Dumbartonshire
• Barratt Homes West Scotland, Wallace Fields, Glasgow
• Cala Homes West Scotland, Dullater Greens, Cumbernauld
• Robertson Homes, Fair Acres, Dunbar
Other wins have been secured in the education sector, including at Easter Bush Campus, University of Edinburgh and St Joseph College, Dumfries.
T Clarke will also work in partnership with Mitsubishi Electric Air Conditioning Europe to make`, supply and install Calorimeter Testing Facilities at their manufacturing plant in Livingston West Lothian Scotland.
T Clarke Scotland Managing Director, Gary Jackson, said: “TClarke will be working closely with Mitsubishi’s engineering partners, Onishi of Japan who are world leaders in the design and construction of Calorimeter Test Facilities. We are very proud to have gained the professional confidence of Onishi and Mitsubishi to undertake this massive project for them.”
Elsewhere, the Group has begun proceedings to recover up to £2.8 million of “misappropriated funds” taken by an employee over a number of years.