Award-winning Gloucestershire construction firm heading for record £24 million turnover

After winning an industry award in 2021, Gloucestershire-based specialist construction firm, Cold Clad, reveals that the fast-growing business is on target for a record turnover.

By Andrew Merrell  |  Published
Jon Pitman second from left celebrates with other members of the Cold Clad team at the UK-wide TCS&D Awards 2021.
Jon Pitman (second from left) celebrates with other members of the Cold Clad team at the UK-wide TCS&D Awards 2021.

As well as celebrating an industry award win in 2021, Tewkesbury construction firm Cold Clad has now revealed it expects its turnover to reach a record £24 million.

Cold Clad, which has just picked up an industry award from the temperature controlled distribution sector, has seen demand for its specialist building services continue to grow through the pandemic.

Companies from sectors as diverse as IT, food production, retail, pharmaceuticals and manufacturing have sought the Tewkesbury business out for its insulated cladding and roofing, pushing its £16.5 million pre-pandemic turnover in 2019 onwards and upwards.

Jon Pitman, founder and director of Cold Clad, said: ‘We had a busy year last year and this year is even busier thankfully.

‘Despite lots of challenges with material price increases and availability, labour shortages and the ongoing effects of the pandemic, we have seen this year’s turnover increase by 20 per cent for the first six months and the order book into 2022 is thankfully very healthy.

‘If everything goes to plan and projects start when planned we should be on target to hit £23 million to £24 million this financial year’.

Staff numbers have also grown to more than 32 and an estimated 150 sub-contractors in 2020, with the firm taking on new manager director, Tony Harrold, at the height of the pandemic to help it manage its growth.

All of this was taken on board by the niche industry TCS&D Awards, which crowned Cold Clad its Cold Store Contractor of the Year 2021, after the business was recommended by its clients.

By Andrew Merrell

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