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Gloucestershire Business News

Turnover up by 4.5% as the Barnwood Group builds on firm foundations

The Barnwood Group, a major player in some of the most prestigious construction projects in the South West, increased turnover by 4.5% to £90 million in 2016.

Gloucester-based Barnwood Group, which includes Barnwood Construction, Barnwood Shopfitting and Barnwood General Works, is celebrating its 55th successful year of trading. Barnwood Group's reputation continues to be built on reliability and quality.

Barnwood Group managing director Simon Carey said: "The turnover increase was largely due to an influx of several high-value construction projects. These include St James's Place 2 offices at Cirencester; two office buildings at Milton Park, Abingdon for MEPC and the Prospero building for McKay Securities in Redhill, Surrey.

"In fact, it is quite exceptional to win four large contracts to construct new offices in a short period of time. We have been fortunate to start 2017 with some equally impressive contracts."

These include Phase One of the £55 million regeneration of Bakers Quays next to Gloucester Quays; the new Gloucestershire College campus at Cinderford's Northern Quarter and a new office building at Honeybourne Place, Cheltenham for Formal Investments.

The company has also been awarded a contract from Robert Hitchins Ltd to provide a new purpose-built office in Carterton, Oxfordshire for Air Tanker, a major employer delivering aircraft, infrastructure, service, training and expertise in support of Voyager, the RAF's new generation multi-role tanker transport aircraft (MRTT), the UK Armed Forces and their global partners.

Barnwood is currently building a new factory at Waterwells, Quedgeley for Prima Dental, the world leaders in precision dental instruments, as part of its expansion worldwide. Also in Waterwells, two 40,000 square foot units at Gateway 12 for regeneration specialists St Modwen are under construction.

Further afield, Barnwood Construction is undertaking a £13 million contract for a large office building at Oxford Science Park which is owned and managed by Magdalen College, University of Oxford.

Simon Carey said: "Barnwood Shopfitting is benefiting from a new roll out of work for Nationwide Building Society as well as existing work for clients such as the Signet Group, Debenhams, WH Smith, H&M and Jigsaw, the fashion clothing stores.

"Barnwood General Works has continued to secure many local contracts including works in Cheltenham for Formal Investments and also Safran at Staverton."

With a national shortage of tradespeople in the building industry, Barnwood Group has an established apprenticeship programme to ensure it has the skilled staff it needs for the future.

Mr Carey said: "The Barnwood Group looks forward to continuing to trade with success and integrity as we have done over the past 55 years."

Top picture: The regeneration of Bakers Quay, Gloucester seen from the air; middle: the stunning new St James' Place 2 at Cirencester; lower picture: how the new Forest of Dean college will look.

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