Gateshead-based contractor Tolent has announced it has achieved a £175 million turnover in 2019, an increase of 30 per cent on the previous year.

This year its order book is currently in excess of £190m.

Maintaining a secure position in the market place with 45 live sites across the country, Tolent is delivering some regionally significant projects including an £11m civils project for propane storage in Teesside, the £26m Hadrians Tower in Newcastle, a £23m PRS development in Leeds and the £84m Milburngate site in Durham.

With many sectors across the construction industry showing good signs of recovery, the business is seeing steady growth in the residential market with housing and particularly social housing.


"It's truly down to the collaboration between our teams, our clients and our supply chain that we have ensured a sustainable future for our business, and can look forward to better times ahead," said Tolent CEO Andy McLeod.

"We're very proud of the fact that we've been able to support our teams who needed to work from home or continued to work on site and grateful for the support shown to us from those colleagues who were put on furlough, playing their part to safeguard our business.

"We're proud that we were able to continue to pay our subcontractors, consultants and wider supply chain on time, recognising the value they bring to our business; and proud to be supported by some great clients who worked with us to help mitigate delays and grant extensions of time as we all got to grips with our new working practices.

"With a healthy order book of work, including some negotiated work in the North East with a combined value of £185m, we'll also be looking to recruit at the end of this year as we continue to build a strong and skilled workforce to help support and drive future growth and continue to deliver the high quality and excellence we’re known for."