Profit Track 100

Chairman Shashi Vekaria, 67, and his brother, the late Arjan Vekaria, co-founded this construction business in 1977. The family firm, led by Shashi and his son, managing director Mitesh Vekaria, 43, offers building, engineering and joinery services, with a focus on Greater London. The company counts the Hilton and InterContinental hotel groups as customers and has refurbished the Dorchester Hotel in London. It also builds super-prime homes, social housing, medical and community centres and Hindu temples, and it supports charitable projects in the UK, Africa and India through the Vascroft Foundation. Profits reached £2.5m in the year to August 2020, but are expected to more than double to £6.6m this year as the firm is constructing more residential properties. The company says it has full order books, including a 400-unit new-build project in the home counties.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2021
CompanyVascroft Contractors
ActivityConstruction contractor
LocationWest London
Profits £0002,507
Sales £00052,383
Staff83
Founded1977
Websitewww.vascroft.com

If applicable:

# ebitda * supplied by company † annualised figure