Buckingham Group Contracting Ltd, a respected principal contractor, has grown its profit by more than 20% in the last year. 

 

The contractor showed pre-tax profit of £16.7m for the year to 31 December 2017. This is an increase of 21% from £13.8m in 2016.

Their pre-tax margin grew from 3.4% in 2016 to 3.9% in 2017, making it the company’s highest margin in 10 years.

 

They also achieved a record turnover of £423m, an increase from £408m in 2016.

 

At the end of the year their cash in the bank was £64.4m at the end of 2017, up from £62.6m a year before.

 

However, despite the successes above Buckingham has reported a “frustrating year”. Several opportunities had been delayed for its biggest division, and it delivered £138m turnover for the year, which was well short of its £180m target.

 

Many of these opportunities had now converted into contracts and the company said it expected the buildings business to hit £200m turnover in 2018.

Buckingham has retained its place on Network Rail’s CP6 frameworks, but said uncertainty in Network Rail’s future projects had prompted moves to diversify its workload to other rail clients.

 

Their sports and leisure arm had experienced an upturn off the back of several new stadium contract wins, having reported a relatively quiet 2015 and 2016.

 

Here at Time and Attendance South East, we can provide seamless integration between the CSCS smartcard and our own software, which provides time management, visitor/contractor management and fire/evacuation roll-call systems. 

 

The integration takes the end-user form of a “CSCS card wizard”. This allows a company to quickly grant contractors access to their clocking system. The wizard will run one of three scenarios when giving access rights to contractors. These are:

 

• Contractors who are completely new to the system

• Contractors whose name exists on the system but their CSCS card has not been entered

• Contractors who are fully recorded on the system and have used their card at other sites, but are new to this particular site.

 

For each different scenario the wizard will guide the user through the enrolment procedure. The generalised end result of using the wizard is that:

 

• The Contractors CSCS card is read (using a USB card reader attached to a Tensor.NET Client PC)

• Details are extracted from the card to update the contractor’s details within the system

• Options such as a company, site, shift group and department are assigned to the cardholder