Contract furniture maker begins year with record order book

Contract furniture manufacturer Deanestor has reported a growth in sales.

According to the latest filed accounts ended 31 December 2021, total sales rose 19.3% to £14.2m from £11.9m in 2020.

Gross profit increased from £3.8m to £4.7m, while pre-tax losses resulted at £844,000, slightly narrowing from its loss of £883,000 recorded the previous year.

Stated within its report, the company said that despite not seeing a return to pre-pandemic levels of business, the rise in turnover and reduction in losses was driven by a strengthening pipeline of work with fewer delays to projects than previously experienced in the prior year.

As of June 2022, the business had a record order book with a value of £25.2m having secured orders worth £14.3m during the first six months of the year.

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