Having seeing turnover fall from 拢62m to 拢51m in its 2023/24 financial year, Triton Construction has filed its 2024/25 accounts showing turnover back up nearly 20% at 拢60.5m.
For the year to 31st March 2025, profits almost doubled: operating profit was 拢1.30m (2024: 拢672,000) while pre-tax profit was 拢1.34m (2024: 拢676,000)
Chairman Mike Parkinson founded the business 20 years ago in Liversedge聽and sold it to an employee ownership trust in 2020.聽In the 2025 annual report he wrote: 鈥淭he industry continues to face several headwinds with a general downturn of opportunities caused by economic uncertainty, resulting from the unknown effects of worldwide tariffs and trade deals. It is therefore particularly pleasing to report healthy levels if growth in both turnover and profitability during the period.
鈥淓xpert reports do not foresee any significant growth within the construction industry over the coming year; however, we have already secured a large percentage of our required order book, with good quality clients and, importantly, controlled risks. This means we are well placed to continue our progress with controlled expansion and improved margins. We have seen our key framework partnership with Premier Inn make significant progress and the level of activity is now in line with that experienced pre-covid. We have also made efforts to broaden our sector activities and have made progress in securing a number of defence-based contracts.鈥�
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