The company says the move is ‘underscored by robust financial results’ for the financial year ending June 30, 2024, with total revenues reaching £79,758,079. and a pre-tax profit of £5,774,209. Utilising ‘highly advanced offsite construction capabilities’, Merit says it ‘manufactures technically complex buildings in a third of the time taken by traditional methods’.
Among the new products driving its growth are:
- The UltraPOD SFS variant – designed ‘to address urgent healthcare facility demands’, this new product utilises Merit’s latest roll former and panel line production system, and reportedly ‘enhances affordability and accessibility through a significantly reduced delivery programme’.
- LID PAM: a product designed to deliver ‘a robust, waterproof interface between roofing systems and internal structures’. The system enables Merit’s team to offsite manufacture service interconnections from rooftop plant to the building below, and reportedly provides an effective solution for capping penetrations.
- Fire Transition PAM: developed as a solution through Merit’s WallPAM offsite internal wall partition system, this fully sealed product addresses multi-service fire penetrations across various systems, including cables, ductwork, fire dampers, and pipework.
- Merit Spark: The company says the new Merit Spark website ‘signifies a significant advancement in digital accessibility’, and allows team members to view project BIM models on any device and browser.
- QA Tracker App: a new QA Tracker application, aimed at digitising factory snag list processes ‘through seamless integration with BIM360’.
Merit says its investment in these ‘advanced technologies’ is a testament to its ‘dedication to enhancing production capabilities while staying ahead of market demands’.
Pictured is Merit’s offsite manufacturing facility in Cramlington, Northumberland.