Tilbury Douglas completes balance sheet turnaround

Tilbury Douglas has completed a four-year financial turnaround, restoring its balance sheet to a positive net asset position after starting life as a standalone contractor in 2022 with net liabilities of around £80m.
The latest milestone comes just six months after the business was still carrying net liabilities of £33m at the turn of the year, underlining the pace of its recovery.
Alongside the balance sheet repair, Tilbury Douglas secured more than £500m of new work during th