max temp: 7°C

min temp: 6°C


Norwich-based builder RG Carter hails successful year as investment unlocks growth

PUBLISHED: 07:06 23 August 2017 | UPDATED: 14:50 23 August 2017

The Carrowbreck Meadow housing development which was built by RG Carter. Picture: Andrew Smith

The Carrowbreck Meadow housing development which was built by RG Carter. Picture: Andrew Smith

SG Photography Ltd

Investment in new sites and a focus on energy-efficient housing has added up to a “busy and successful year” at construction firm RG Carter.

The family-run group saw turnover and profits grow, 
with pre-tax profits of £8.2m 
for the year to December 31 
2016, up from £7.45m for the 12 months before, while turnover grew to £286.4m, up by 7% from £267.6m.

Chairman Robert Carter said the group had made investments for its future.

In the statement, filed recently at Companies House, he said: 
“We have made significant investments in new offices at Chelmsford and Cambridge for our construction business and an engineering base at Attleborough for our growing engineering business.

“We have continued to invest in plant and equipment and this year we have invested in new plant at our quarry in Sheringham.”

All sectors of the business had performed well over the year, said the board in the directors’ strategic report.

The accounts filed for subsidiary RG Carter Limited showed there had been significant growth in housing, particularly in the energy-efficient homes market, with 217 Passivhaus units currently under construction.

Mr Carter said the group, a member of the EDP/EADT Top 100 list of Norfolk and Suffolk’s biggest companies by turnover, had continued to invest in training staff with the Carter Academy being an important part of its plans.

Despite recognising challenges to the construction industry from the national economic uncertainty, the group said there was a reasonable order book for the current financial year.

The group has worked on projects including the aviation academy near Norwich Airport, the Carrowbreck Meadow housing development in Hellesdon and a care village Rayne Park at Bowthorpe.

It was also recently announced as the preferred bidder for the operations and maintenance base for the Galloper wind farm off the Suffolk coast.

Mr Carter also paid tribute to Don Carter who retired as managing director of the construction business during the financial year, after 45 years with the company.

Search hundreds of local jobs at Jobs24

A Southwold bakery is looking forward to serving its half millionth customer.

Telecoms giant BT plans to create more than 300 new apprenticeship and graduate jobs across the East of England as part of a UK-wide recruitment drive involving a total of more than 1,300 roles.

With the cricket season due to start next month, players will be stepping up net practice and assessing their equipment requirements for the coming summer.

Jonathan Cole may live in Surrey but it is the business he represents and its potential to have a huge impact on East Anglia, which puts him among the business elite in the region.

Plans to build an Aldi store in Martlesham Heath are set to get the green light on Monday after overwhelming public support resulted in nearly 900 letters backing the build.

Management Jobs

Show Job Lists

Most read

Topic pages

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24