Leading contract furniture and fit-out specialist Deanestor has revealed a record order book and strong financial performance for the past year.<\/p>\n
The business generated \u00a320m of orders in 2018 from contractors and developers \u2013 a record order intake in the history of the company.<\/p>\n
It was a 40% increase on the same period the previous year and has secured projects for the business for 2019 through to 2020.<\/p>\n
Turnover has grown from \u00a32.5m in 2002 when the company was acquired by its current owners to in excess of \u00a316m. Its average project size has increased to over \u00a31m.<\/p>\n
Deanestor has seen a significant rise in orders and enquiries from developers and contractors for student accommodation schemes and in the build-to-rent sector which is performing strongly in urban centres across the UK.<\/p>\n
As part of its expansion and to meet the increased demand for its contract furniture solutions, Deanestor has completed a \u00a31m investment programme at its factory in Mansfield.<\/p>\n
This has included installation of a second production line for cabinet manufacture to double capacity; investment in the latest computer-controlled cutting equipment, and a new dedicated metal powder coating facility for specialist laboratory furniture.<\/p>\n
William Tonkinson, Managing Director of Deanestor, said, \u201cThis business has a great history which spans more than 70 years. We are the longest established furniture and fit-out provider to the NHS.<\/p>\n
“We have built on this success and our reputation for robust, bespoke and high-quality furniture solutions with significant expansion in our existing markets which include major new-build schools, hospitals and student accommodation.<\/p>\n
“We have also diversified into new sectors in the past year such as laboratories for the pharmaceutical sector and kitchens for private rental schemes.\u201d<\/p>\n
Recent projects include a \u00a32m contract to supply and install furniture for a student accommodation scheme in Cardiff, and the furniture and fitting out of a new secondary school for 1100 students in Perth, Scotland worth \u00a31.5 million.<\/p>\n
Deanestor is also working on a major laboratory project worth around \u00a36m for a leading pharmaceutical company.<\/p>\n
from Construction Enquirer https:\/\/ift.tt\/2H6IYhV<\/p>\n","protected":false},"excerpt":{"rendered":"
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