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Second generation delivers results for Speller Metcalfe

4 Sep 25 Family-run contractor Speller Metcalfe has posted result showing 22% turnover growth last year and a threefold growth in profits.

Brothers Adrian and James Speller share managing director duties

Malvern-based Speller Metcalfe, now run by two sons of co-founder Steve Speller, grew turnover by 22% to £162.1m in the year to 31st March 2025 (2024: £132.6m)

Pre-tax profit tripled to reach £3.4m (2024: £1.1m).

“We’re proud to be delivering strong results by staying true to who we are – a family business grounded in long-term thinking, not short-term wins,� said managing director James Speller. “Our strategy is built on close collaboration with clients and a supply chain that shares our values and culture. By focusing on open and honest conversations and addressing challenges early, we ensure projects keep moving forward without compromise.�

Led by second-generation directors James and Adrian Speller, the board says that it has refined its divisional targets, enhanced operational oversight and exceeded business development goals – including a 73% framework success rate and growth in key accounts.

“James and I see ourselves as custodians of this second-generation family business,� said co-managing director Adrian Speller. “We’re not here to make a quick return and walk away; we’re committed to reinvesting profits back into Speller Metcalfe to support future generations and ensure the company remains innovative, resilient and ready for the years ahead.�

The current financial year, now five months in,  Speller Metcalfe has secured close to £140m of turnover. Beyond this, a further £100m of projects secured through pre-construction service agreements (PCSAs) extends the pipeline well into the next financial year.

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