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Hurley Palmer Flatt has said it will be close to hitting its 拢50m turnover target when its current financial year finishes next spring.

The engineer said three years ago that it wanted to double income to 拢50m and in its latest annual results said revenue for the year to March 2019 was forecast to be around 拢45m.

Chairman and chief executive Paul Flatt (pictured) said: 鈥淸The 拢50m figure] is still on track. We have continued to grow the business forward through acquisition, international reach and seeking new markets.鈥�

The firm, which is celebrating its 50^th anniversary this year after being founded by John Hurley back in 1968, is working on several high-profile schemes in the capital including Multiplex鈥檚 Principal Tower scheme, designed by Foster + Partners, on the City fringe as well as the contractor鈥檚 100 Bishopsgate development in the heart ofthe Square Mile.

Turnover in the year to March 2018 jumped 17% to 拢38.3m while pre-tax profit was up nearly a third to 拢2.8m from 拢2.2m in 2017.

The UK business, which includes its head office on London鈥檚 Blackfriars Road as well as offices in Warrington and Glasgow, turned over 拢25.7m, up from 拢23.7m in 2017, accounting for 67% of the group鈥檚 overall business.

Activity in Europe, the Middle East and Africa created revenue of 拢8m, up from 拢4.8m in 2017, with the region contributing 21% of the group鈥檚 worldwide turnover.

Hurley Palmer Flatt, which recently opened an office in Hong Kong, saw business in the rest of the world, which it says is from outside the UK and EMEA, climb 拢300,000 to 拢4.6m.

Flatt said last year鈥檚 acquisition of 拢4m turnover civil and structural engineer Bradbrook Consulting had been integrated into the business and was being used to expand its work in the sector both at home and abroad.

According to its results filed at Companies House, the number of staff at the business went up 11% to just under 240.

As well as five offices in the UK, it has a further six abroad including New York, Dubai and Sydney.