SATRA grows sales and delivers profit

Testing house SATRA has reported a growth in turnover and a return profit.

According to its latest filed accounts for the year ended 31 December 2021, total sales rose 21.5% to £12.2m from £10m in 2020.

Gross profit increased from £8.2m to £10.1m, while pre-tax profit resulted at £109,000, significantly improving from its loss of £369,000 recorded the previous year.

Stated within its report, SATRA said that the Covid-19 pandemic impacted performance but saw a gradual recovery in the second half of 2020, which continued into 2021.

The company further developed its online services throughout the year and anticipates 2022 to deliver more normal levels of trading.

“The company’s cash position remains healthy and the company has continued its commitment to capital expenditure on further improvements to equipment and facilities despite the ongoing pandemic,” SATRA said, adding that it is in a “good position to generate future profitable growth.”

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