Contractor restructures in bid to hit growth target within three years

Contractor Elliott Thomas has completed a restructure and revealed it is targeting growing to become a £100m turnover business within three years.

The firm turned over £52m last year and is targeting doubling that figure “within two or three years”, the firm said.

The group’s construction division - headed up by former Balfour Beatty managing director Jim Tolputt - has been split into three divisions focussing on London, the regions and major projects.

The firm also announced it has appointed Steven King as group financial director.

The firm’s chief executive John Self (picutred) said: “I am delighted to be able to publicise these new appointments and it is a tribute to the work delivered over the many years that we can have sufficient confidence to invest in our management team and to organise our businesses to be able to deliver the best value to our clients and to generate efficiencies to maintain a high level of consistency and competitiveness.”