designer contracts

Floorcoverings contractor surpasses £40m sales mark

Floorcoverings, blinds, curtains and furnishings contractor Designer Contracts has reported a growth in sales as turnover surpassed £40m.

According to its latest filed accounts for the year ended 31 October 2021, total sales rose 15% to £40.6m from £35.3m in 2020.

Gross profit increased from £14.3m to £15.8m, while pre-tax profit resulted at £488,000, down from its profit of £1.3m recorded the previous year.

Stated within its report, the company said: “As for many businesses of our size, the business environment in which we operate produces risks and uncertainties that are challenging. However, the excellent product portfolio, together with our vast expertise, provides a strong platform upon which to build and prosper.”

During the year, Designer Contracts made charitable donations of £154,367, up from £75,731 in 2020.

Save this article for later

You can revisit this article if you save it as favourite news!

Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on telegram
Share on email

Leave a Comment

have you read…

related articles

MORE ARTICLES