Bateman Groundworks wins contracts worth more than £5million

03 Mar 2017

Leading East Anglian construction company Bateman Groundworks has won two new contracts worth more than £5million.

It plans to recruit 34 new staff in the next six months to service the new Norfolk sites.

With five future contracts in sight, it is anticipating a growth of 35% this year.

Work has already started on building roads and sewers for a housing development at Little Plumstead, near Norwich, for Beccles-based Cripps Developments, a new client for Bateman Groundworks.

A team will be on site for the second contract for Bovis Homes at Wymondham in about two weeks. It is the third phase of the development that the company has worked on.

The company is looking at another five future residential projects in east north Norfolk, north Norfolk and Norwich as it anticipates a buoyant few years as housing is forecast to increase 5-10% year-on-year.

The new contracts come after it won £12.5million of work last October with major housebuilders for three key developments in Norfolk. The company now has teams on 16 housebuilding sites with major developers across the region.

Managing director Richard Bateman said he was hopeful for a turnover of around £23milllion this year after the Brexit-effect of stalled contracts hit its turnover last year.

A busy January and February, with contracts they had hoped to start last year now coming through, was putting the company on target for another year of healthy growth in its 20th anniversary year, he said.

“We went into last year with high hopes after a good 2015 but work stalled amid the uncertainty of the Brexit referendum had an effect on our order books and led to our turnover suffering and growth flat-lining after three years of consistent good growth.

“Our turnover was down but our profits were up.

“We started 2017 cautious about what to expect but it has been an incredibly busy start with some of the work we hoped for last year coming up for start now.

“We are hopeful for a turnover of £23million this year, a growth of 35%.”

Another 34 staff would take the company – Great Yarmouth’s Spirit of Enterprise Business of the Year 2016 – to about 180.

Mr Bateman, who set up the company in Great Yarmouth 20 years ago, said he was not anxious about any further effect from Brexit.

“In the sector of the industry that we operate in, the residential housing sector, the impact of the Brexit referendum has had minimal effect so far and I don’t see that there will be any huge shift as a consequence of Brexit.

Bateman Groundworks was one of the Stock Exchanges 1000 Companies to Inspire Britain in 2015 and 2016 and was one of 12 finalists in the National Lloyds Business Awards Small to Medium-Sized Business category in November.