Finance director David Pike said this week: "We will move up, it's a question of when."
Chief executive Mark Tincknell added: "Our market cap is about £50m – we need to get it closer to £100m before we do. There is certainly a credibility factor in moving up the market."
We will move up, it’s a question of when
Finance director David Pike
The group said it had an excellent order book of £460m for 2003/08, mainly partnering work in the social housing sector. Turnover grew by £10m to £108.3m for the year to 31 August 2002 and pre-tax profit rose 22% to £3.3m.
Tincknell said the firm was divided into two divisions – Livingspace, which concentrates on social housing and regeneration work, and Workspace, which operates in the fit-out and commercial facilities management. The split in turnover will be 70%-30%.