BRITAIN’S largest steelwork contractor aims to double profits after securing contracts to help build a £400m football ground and cover a famous tennis arena.

Severfield will supply steelwork for Tottenham Hotspur’s new 61,000-seat stadium and a roof for Wimbledon’s No 1 Court.

The company’s order book also stands at its strongest for six years, with bosses confirming British steel will be used on its projects.

Severfield, based at Dalton Airfield Industrial Estate, near Thirsk, North Yorkshire, is known for past high-profile work on Wimbledon’s Centre Court roof and Heathrow Airport.

However, Ian Lawson, chief executive, said he was proud of its latest achievements, revealing revenues for the year to March 31 were up 19 per cent to £239.4m and underlying pre-tax profits were 59 per cent higher at £13.2m.

He said the company was benefiting from its industry repute and the fact lessons have been learned from mistakes made before he took the helm, when the firm was hit by losses on work, such as London’s Cheesegrater skyscraper.

He told The Northern Echo: “We are very pleased with the performance and we have a really strong order book going forward.

“Our target is to now double underlying pre-tax profit over the next four years.

“The market has been good and we work across a number of different sectors (which has helped us).

“Our commercial work has been very strong, but the other areas that have really benefited us are industrial sheds, which are going up around the country, and improvements to rail and roads.

“Tottenham is a very large contract and we have a deal to deliver all the steelwork for the new stadium.

“For Wimbledon, the roof is a follow on to work we did on Centre Court.”

Mr Lawson also confirmed the business, which worked on The Shard, London 2012 Olympic venues and the Gateshead Millennium Bridge, will continue using UK steel in its next ventures.

Severfield previously used Tata Steel’s Long Products division for a number of years to fulfil contracts.

However, the business, which employs nearly 900 people across the North-East and York, was sold earlier this year to Greybull Capital and given the name British Steel.

But Mr Lawson said the change will not affect Severfield’s commitment to the UK supply chain.

He added: “The fact Long Products has been bought is good news for us.

“A lot of the steel sections will be coming from British Steel.”