A quick-growing offsite specialist agency has appointed a Mace director as its new chief working officer.
Shaun Tate has joined Reds10 after 17 years as a director at Mace, the place his work included launching and working a enterprise unit for offsite pre-manufacture and meeting.
Tate has 35 years’ expertise in building, together with main main tasks in sectors equivalent to industrial, training, and biopharmaceutical and medical amenities.
In June, Reds10 introduced its third consecutive year of growth in both revenue and profit. Its income for the 12 months to 31 March 2023 rose by 32 per cent to achieve £83.8m, greater than doubling since 2020/21.
The privately owned, London-based agency stated Tate’s experience “will likely be instrumental to setting the inspiration for the subsequent part of the corporate’s development trajectory”.
“This contains constructing on its profitable platform strategy, harnessing extra manufacturing and supply methodologies, bringing revolutionary options to a wider shopper base, and driving operational efficiencies and social worth.”
Matt Bennion, chief govt of Reds10, stated: “Like us, Shaun is keen about altering our business and is an actual innovator within the supply of high-quality offsite building. His main undertaking expertise and drive will assist us to speed up our ambition to turn out to be the chief in a brand new breed of tier one contractors, in order that purchasers have a viable and sustainable different to conventional supply.”
Tate stated: “I genuinely consider our business is at a crossroads, and we now have a singular alternative to redefine how the constructed setting is delivered. Offsite building strategies provide a chance to drive extra clever options that can allow purchasers to profit from a much more predictable and managed building supply expertise.”
On the time of its current annual outcomes, Reds10 stated it had an “intensive pipeline of presidency work”.
It has begun £60m of building work on separate tasks for the Ministry of Justice, the Division for Training and the Ministry of Defence.
As well as, the corporate has locations on frameworks such because the Crown Industrial Service’s Offsite Development Options, and London Housing Consortium’s new Modern Methods of Construction of New Homes framework.