Dundee construction firm Kilmac achieved record profits last year as it worked on several major local school projects.
It is 21 years since Athole McDonald and Richard Kilcullen formed the business, which moved to employee ownership in 2022.
It now has around 180 members of staff on the payroll, an all-time high.
Newly filed accounts, for the year ending September 2024, show further growth after record results in 2023.
Sales grew further to £29.9 million in the financial year, from £26.6m in 2023. Pre-tax profits also increased, to £2.4m, from £1.7m in the previous 12 months.
Kilmac school projects boosts profits
The company has been involved in several high-profile developments in Tayside and Fife.
These include the new Perth High School, the James Hutton Institute in Invergowrie, Monifieth Learning Campus and the Blairgowrie Recreation Centre.
Finance director Julie Scobie said: “It has been encouraging to see turnover and profitability rising for the financial year.
“We are still busy and the target is to slightly increase turnover over the next financial year.
“The Dunfermline Learning Campus has been another prestigious contract for us. It has been hailed the biggest Passivhaus educational centre in the world.
“On the back of this and our previous work with Robertson Construction delivering the North Muirton Primary School in Perth, we have established a reputation as Scotland’s leading company in the energy efficient Passivhaus sector.”
Looking to extend geographical reach
The company has also picked up the groundworks contract for Robertson Construction to deliver the new Clackmannanshire Council wellbeing hub and school near Alloa.
This has also been designed to meet Passivhaus standards.
Kilmac, which also has an office in Dunfermline, is looking to pick up more work in the Central Belt.
Bid director James Wilson adds: “With an eye to the future, a few years ago we began looking to extend our area of operation to take in projects in Glasgow and Edinburgh.
“We established offices in Dunfermline and Livingston to handle clients in the Central Belt.
“That has broadened our horizons and we have taken on additional staff to deliver contracts coming in from further afield.
“This ensures we can continue our plan for growth while becoming less reliant on one operational area.”
Conversation