Caddick Construction saw income jump one fifth last year

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The contractor carrying out work redeveloping Headingley cricket ground in Leeds said turnover approached 拢100m last year.

Caddick Construction, which is chaired by Paul Caddick, the owner of the ground along with Leeds Rhinos rugby league club after taking over the two back in 1996, reported turnover of 拢97.7m in the year ending August 31 2017, up from 拢81.3m in 2016. Pre-tax profit rose 6% to 拢3.4m.

The 拢35m redevelopment at the cricket ground (pictured) also involves rebuilding the neighbouring rugby stadium鈥檚 North Stand after Caddick completed work on the club鈥檚 South Stand earlier this year.

Schemes Caddick completed during the period included turning a 1960s eyesore in York called Stonebow House into a mixed-use development while it built the first phase of a 拢100m distribution centre off the M62 motorway near Wakefield.

The firm鈥檚 managing director Andrew Murray said it was looking at posting a turnover of 拢103m for the current year, with 拢87m of work already secured.

Based in West Yorkshire, the firm, which has a sister civil engineering business, is part of the wider Caddick Group which also includes Moda Living.

Earlier this year, Moda Living drafted in Caddick Construction to take over from bust contractor Carillion on a 拢154m residential scheme in Manchester called Angel Gardens.

Caddick and his son Johnny were listed 453rd on last year鈥檚 Sunday Times rich list with an estimated wealth of 拢250m.