M&E specialist T Clarke increased its profits and pre-tax margin despite a fall in annual revenue, while outlining plans for a significant expansion of its offsite manufacturing operations in Essex.
For the year to March 2026, revenue fell to £645m, compared with £847m in the previous 15-month reporting period. However, pre-tax profit rose to £19.6m, increasing margins to just under 3%, up from 1.9% previously.
The company, which was acquired by gas supplier Regent for £90.5m and delisted from the London Stock Exchange in 2024, generated £364m of revenue from its built environment division and £282m from technologies and infrastructure projects.
As part of its growth strategy, T Clarke is progressing plans for a new offsite engineering and manufacturing facility that will substantially increase its production capacity. The company said:”We are progressing plans for a major expansion of our offsite manufacturing capability through a new 100,000 square ft engineering and manufacturing facility which is strategically located adjacent to the A12 with direct access to the M25 and London.”
The firm added:”At four times the size of our existing facility, the new facility will significantly enhance our prefabrication and modularisation capabilities.”
T Clarke also reported an order book worth more than £1bn, while year-end cash reserves reduced from £40m to £26m. The accounts were signed off by chief executive Mark Lawrence shortly before his departure from the business in July.
