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The contractor set to build a new 拢60m stand at Liverpool鈥檚 Anfield home has said it expects turnover to top 拢600m this year after hitting a record in 2020.

In its results now filed at Companies House, Buckingham confirmed it has won the Anfield Road stand expansion which was given the green light by city planners last week.

The club wants to add 7,000 seats to the Anfield Road end of the ground 鈥� the stand opposite the Kop 鈥� and is hoping work can be completed by summer 2023.

The firm also confirmed it had won a 拢25m ice-skating facility in the Lea Valley which will include Olympic size rinks on top of its other ongoing sports and leisure work which includes building a new stand at Fulham鈥檚 Craven Cottage ground as well as a new stand at the Oval cricket ground in south London.

Buckingham said the wins meant it was 鈥渃onfident鈥� revenue this year would top 拢625m, with income next year budgeted at 拢665m.

It said: 鈥淲hilst our head office complex at Stowe [in Buckinghamshire] has never been quieter, our work winning teams, based largely from domestic kitchens, bedrooms and studies across the country have rarely been more active or successful than during the past 12 months.鈥�

Last year鈥檚 turnover of 拢584m was 17% up on its forecast figure which had been downgraded to 拢500m because of the covid-19 pandemic. The number was up 20% on turnover for 2019.

Buckingham said pre-tax profit slipped from 拢10.2m to 拢8.6m in the year to December 2020 but it is expecting this to bounce back to 拢12.5m this year and 拢15m next.

It said its forward order jumped from 拢710m to just over 拢1bn in part helped by booming workloads in its industrial logistics business where it has built warehouses for Amazon and specialist operators Prologis and Panattoni.

The firm said it set up an HS2 operating division at the beginning of 2020 and posted income of 拢47m in its inaugural year with this year鈥檚 target set at 拢45m before income ramps up next year and in 2023 as work on the railway accelerates.

Buckingham is working on a 拢110m earthworks and civils contract for the Eiffage and Kier team which is building an 80km section of the route in the Chilterns. It said it was also carrying out a similar scheme, worth 拢56m, for the East West Rail Alliance, which includes Laing O鈥橰ourke, on the railway running between Oxford and Cambridge.

The pandemic meant it was forced to furlough 10% of its 623 staff with the firm claiming 拢463,000 from the government鈥檚 Coronavirus Job Retention Scheme. It said it paid a 拢1.3m dividend last year but this was made right at the start of 2020 before the pandemic struck and in its accounts said it was cancelling 鈥渁ll planned dividend payments until the covid-19 crisis had been successfully tackled鈥�.

As well as furloughing staff, the firm said it asked employees to take a three month pay cut although no one earning 拢30,000 or less was asked to take part in the initiative with those affected receiving their docked wages back in full last October.

It added that it also paid promised bonuses to staff bringing the amount it has paid to employees, excluding directors, to nearly 拢9m between 2017 and 2020.

The firm said cash at the bank had risen from 拢57m in 2019 to 拢90m last year.