Fit-out specialist hits record turnover

Grant Prior 8 months ago Deanestor
Share

Deanestor has announced a 35% increase in turnover to £19m and a return to pre-pandemic profit levels, according to its latest accounts which have now been released.

Turnover increased by £5m in the financial year ending 31st December 2022 and operating profit rose to £750,000. Sales of £17.5m have already been secured so far in 2023 with a strong order pipeline which extends into 2025.

William Tonkinson, Managing Director of Deanestor, said: “I am pleased to report that we had a solid performance last year and are on target with our growth forecast for 2023.

“We operate in diverse sectors which all remain buoyant despite the economic challenges, and we have maintained high levels of repeat business with some of the UK’s leading contractors and residential developers. This is testament to the hard work and commitment of our teams in Mansfield, Scotland and on site across the country.

“We have continued to grow our business in Scotland, particularly in the school building sector and following our acquisition of the Havelock brands in 2019. This has contributed to a very significant increase in sales in the past year and we have already secured over £6m of orders for Scottish projects so far this year.

“We now have a strong foundation on which to grow and are continuing to invest in our people, in new cutting edge manufacturing technology, and in our production facilities and capacity.”

Deanestor has recently expanded its storage facilities to 200,000sqft with the addition of two new units in Mansfield. This extensive warehouse capacity allows customers to benefit from the manufacture of furniture products and the procurement of equipment at an earlier stage, helping to remove the risk of price inflation and materials cost increases.

 

Latest suppliers & buyers news

Kilkern wins drainage deal at £480m green energy plant

Package win at at the Lostock Sustainable Energy Plant in Cheshire
2 days ago
Kilkern

Quest now offers latest industrial vacuum system

Waste management specialist broadens its range

ROCKWOOL launches Fire Barrier EN

Preventing fire spread and inhibiting the passage of smoke in concealed spaces
1 week ago

Conquip BulkX makes site excavations easier

Specialist can make life easier for civils contractors

SRL appoints Mark Eburne as CEO

New leader at traffic management specialist
3 weeks ago
SRL Traffic Systems

Trio of new products from Altrad RMD Kwikform

Latest solutions will make life easier for contractors
4 weeks ago

Walker Modular lands £5m bathroom pod contract

Specialist to work with Graham and Watkin Jones on major build-to-rent scheme

JCT launches latest contract updates

Design and Build Contract 2024 Edition now out
1 month ago

New MD at Quest to drive company growth

Specialist services contractor appoints Clive Leadbetter

IBMG raises funds for further expansion

£650m revenue Independent Builders Merchant Group looks for more acquisitions
2 months ago
IBMG

New Knauf rainscreen cavity systems make life easier for specifiers

Rocksilk RainScreen Cavity Systems launched
2 months ago

Go Smart card checks set to end within days

Contractors should move to CSCS Smart Check as soon as possible
2 months ago

Milbank delivers precast floors on 100% renewable fuel

Delivery and installation of precast concrete hollowcore floors using only Hydrotreated Vegetable Oil

AGD suppliers latest crawler cranes for HS2

Buyer Total Plant Ltd puts two Sennebogen machines to work in Birmingham
2 months ago
AGD Equipment Ltd

LDD Construction acquires Drill Masters

Latest deal for diamond drilling specialist expands presence in East of England

Conquip launches industry-leading after-sales service

Products and services supplier offers big benefits for contractors

Wernick Group celebrates 90th anniversary

Major milestone for portable and modular buildings specialist
4 months ago
Wernick Group Limited

Quest boosts fleet after ‘try-before-you-buy’ offer

Waste management specialist sings praises of dirty water recycling tanker
4 months ago
Quest Waste Management

AGD takes delivery of powerful new piling rig

Compact Comacchio machine packs a punch
4 months ago
AGD Equipment Ltd

Deanestor lands Robertson school deal

Latest win for fit out specialist
4 months ago
Deanestor

Statom buys another £5.4m of kit from PERI

Concrete specialist seals latest deal with formwork and scaffolding firm
4 months ago
PERI Ltd

New partnership promotes plant crossing safety

SRL Traffic Systems and CLD Physical Security Systems establish hire partnership
4 months ago
SRL Traffic Systems

Go Smart skills card checking to end soon

CSCS scheme leaders urge industry to prepare for new verification system
5 months ago

Core Highways brings all divisions together

Rebranding sees £120m turnover specialist operate as one business
5 months ago

Construction firms co-operate on green wall

Willmott Dixon, FACE Brickwork, Grayson, Speedy Hire and Cemfree showcase carbon cutting methods
5 months ago
Cemfree

Floorplan celebrates 25 years of success

Raised access flooring specialist benefits from exclusive partnership with Italian supplier JVP
5 months ago
Floorplan Systems Ltd

Deanestor lands £3m deal at Passivhaus school

Fitout specialist lands latest contract from Robertson
6 months ago
Deanestor

Offsite Solutions lands £2.4m shower pod deal

Major contract win on McAleer & Rushe student tower
6 months ago
Offsite Solutions

J3 arranges insurance deal on £55m McGoff resi scheme

Independent insurance and finance advisory continues to win work in new build market
7 months ago

Firm Quick Find

Join Now

Sorry, there was a problem with the details you have entered. Please review the highlighted fields.

Sorry, this email address has already been registered.

Top searches

Contractor services