Esher, UK, 10th January 2023: Keltbray Holdings Limited, the UK’s leading specialist engineering and construction solutions company, confirms that it has agreed a new £33 million Credit Facility with its principal bankers, Santander UK Ltd, for a three year-term.

The facility provides the business with committed bank financing, underpinning the Group’s 2022 year-end liquidity position of £44.1 million, supporting its continued growth strategy.

Operating and Financial Performance

Keltbray has continued to deliver a strong operational performance, resulting in underlying year-on-year increases in revenue, profit before tax and the order book, with secured orders carried forward into the 2023 financial year totalling £526.4 million.

The Group continues to de-risk the sales order pipeline across its business portfolio by focusing on robust selection governance, targeting projects with acceptable terms, conditions and financial margins, which benefit from our integrated, self-delivery approach.

Despite the prevailing external forces, we remain confident in our ability to profitably grow the business in our addressable markets,

Darren James, Chief Executive Officer of Keltbray, said:

“The new funding facility provides the platform for the next stage of exciting growth in key strategic markets, unleashing our potential to support the economic recovery across the UK.”

Peter Burnside, Chief Financial Officer of Keltbray, said:

“This single bank arrangement with our long-time financial supporter, Santander directly supports our strategic plans to grow the quality and diversity of our order book.  It is further evidence of the strength of our relationship with our existing bankers, and continues to demonstrate the attractiveness of Keltbray’s credit profile with our clients and supply chain partners.”




Media Enquiries

Philip Pashley

Group Director, Corporate Communications

Keltbray Holdings Limited

Tel: 07860 954620

Email: [email protected]


Notes for Editors

About Keltbray

Keltbray is a leading multi-disciplinary engineering and construction services business, offering a uniquely integrated delivery capability spanning key phases of the client value chain.

Keltbray provides certainty of outcome for prestigious public and private sector clients often in highly regulated markets like rail and energy, contributing to the development and maintenance of Britain’s rapidly changing economic and social infrastructure.

Our professionally accredited teams of engineering and construction professionals take pride in delivering safely and sustainably to enhance, upgrade and decarbonise our clients’ capital assets.