Textiles supplier grows sales to almost £70m

Home textiles supplier Cleland McIver has reported a growth in turnover as sales almost reached £70m.

According to its latest filed accounts for the year ended 30 September 2021, total sales rose 19.5% to £69.6m from £58.2m in 2020.

Gross profit reduced slightly from £11.9m to £11.6m, while pre-tax profit resulted at £1.5m, down from £2.5m the previous year.

Stated within its report, the company, which supplies home furnishing retailer Dunelm, said that it has completed the setup of its new distribution unit, which is bespoke to retail and online requirements, aimed to boost future growth.

Save this article for later

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

Leave a Comment

MORE ARTICLES

Paul Solly, Chief Commercial Officer at Dreams, talks about the details behind the recent TEMPUR Pro Air SmartCool product launch and their ongoing relationship with...