TILBURY Douglas increased revenue by 7% to £541.6 million in 2024.
The group delivered £11.5 million operating profit – up from £3.8 million – during the same period. The business hailed its cash performance as ‘outstanding’, remaining debt-free and ending the year with £50.7 million, up £8.4 million on 2023.
Last year, Tilbury Douglas secured over £637 million of new contracts and orders, closing the year with a forward order book of over £1.26 billion, This increased to £1.32 billion by the end of March 2025.
This includes 104% of planned orders for 2025 and 69% for 2026. Key contract wins so far in 2025 have included new schools for the Department of Education, the Barbican renewal project, and prison work for Ministry of Justice.
CEO Craig Tatton said, “Tilbury Douglas continues to enjoy improving performance, which brings financial and business stability. With a robust long term order book, a strategy well-aligned to national needs, and talented people and suppliers, our group has a strong platform to continue delivering great projects for our valued customers. I and my board colleagues are confident in the group’s continued success throughout 2025 and beyond.”
Nicholas Pollard, chair at Tilbury Douglas, added, “In 2024, our financial performance improved again, affirming our strong position within our chosen sectors and reinforcing our competitiveness. As we move into 2025, we continue to focus on our core business and identify appropriate new opportunities, ensuring Tilbury Douglas remains successful.”
