£2m sales rise for firm with Scottish HQ in Fife
Deanestor, one of the UK’s leading contract furniture and fit-out specialists, has revealed a 12.5 per cent increase in turnover,
That’s a rise of £2m to £18m in the last financial year for the company with a base in Dunfermline.
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Hide AdIts Scottish business continues to perform well, particularly in the education sector, and its acquisition of the Havelock furniture brands last year has further strengthened its presence in the market.
William Tonkinson, managing director, said, “We have continued to increase market share year-on-year for our furniture and fit-out business and the 2019 financial year was no exception.
“Factors such as our acquisition of the Havelock brands and our growth in Scotland have combined to generate a very positive rise in sales in the past year.”
“This strong financial position has given us a very solid foundation to manage the challenges of the Covid19 pandemic.”
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Mr Tonkinson said its factory remained fully operational throughout lockdown as its teams embraced the new ways of working to avoid any disruption to our customers.
Deanestor also supported the NHS working on several Covid19 emergency hospital projects and accelerated completions of a number of healthcare schemes to increase patient capacity.
William Tonkinson, Managing Director of Deanestor, said, “We have continued to increase market share year-on-year for our furniture and fitout business and the 2019 financial year was no exception. Factors such as our acquisition of the Havelock brands and our growth in Scotland have combined to generate a very positive rise in sales in the past year.”
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Hide AdOriginally established in 1948 to manufacture hospital furniture for the newly established NHS, Deanestor now operates in diverse market sectors – fitting out hospitals, schools, student accommodation and build-to-rent residential schemes with high levels of repeat business from some of the UK’s leading developers and contractors.
It is a market leading supplier of fixtures, fittings, and equipment, manufacturing high quality contract furniture for bedrooms, kitchens, schools, hospitals, and laboratories. Its furniture solutions give customers the benefit of shorter lead times, high levels of customer service, consistently high quality, and long-term durability.