J Coffey MBO delivers record £153m revenue in first year

Aaron Morby 3 years ago
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Harrow-based contractor J Coffey Construction delivered record revenue in the first year under a nine-strong new management buy-out team.

Group MD Eddie Barrett says company's future order book remains very strong
Group MD Eddie Barrett says company's future order book remains very strong

Revenue at the business, which specialises in substructure, superstructure and structural alterations, edged up to £153m in the year to September 2020, generating a pre-tax profit of £10.2m compared to £10.7m previously.

Group managing director Eddie Barrett said: “The company’s future order book remains very strong as the business focuses on working with both new and long-established clients.”

Trading since 1991, the business employs around 134 staff, and operates under four divisions covering subcontracting, main contracting on jobs up to £25m, rail and infrastructure and European data centres.

Under the new senior management team, Coffey this year also set up a Fire Protection Division, identifying an opportunity to offer specialised passive fire protection services to clients.

Founder James Coffey remains group chairman under the new management structure.

 

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