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Construction firm Stepnell reveals loss but says it is already profitable again
A BUILDING contractor behind a host of high-profile local developments has revealed a £5million loss but said it has returned to profit. Stepnell, which has a regional office in Chandlers Ford, has revealed the loss in its accounts for 2019-20 but says it has experienced a sustainable return to profit of £1m since. It says it has a strong order book for this year and into 2022. Tom Wakeford, joint managing director of Stepnell Ltd, said the 2019-20 loss had been offset with the support of parent company Stepnell Holdings. He said: “It goes without saying that 2020 was a challeng...
Source: hampshirechronicle.co.uk