Leading independent builders merchant James Burrell have today posted another strong set of results for the year to October 2019.
In the face of unusually wet autumn, Brexit uncertainty and political malaise in late 2019 which caused the industry to flatline, James Burrell produced a top-line sales growth of 12.5% resulting in sales increasing from £64m to £72m.
In this trading year, the business continued with its investment plan and added the 10th branch to their portfolio seeing Rotherham open in May 2019 as well as a strong commitment to a rolling refurbishment programme across their wider branch network. With this continual redevelopment and improvement to their collect and despatch facilities, James Burrell continues to improve the customer experience which is laying the foundations for further growth in future.
Resultantly profit before tax ended the year at £1.3m, a marginal improvement on last year.
Managing Director Mark Richardson commented, “with this investment throughout the year and the associated additional costs, it was very pleasing to see another growth in profits and importantly, we have positioned ourselves to exploit these investments, provide better coverage of our geographical area from South Yorkshire to the Scottish Border and with our qualified staff, we will be able to give a greater and improved customer service”.
The strategic report accompanying the results indicated that in addition to the impressive financial performance, the company takes very seriously its commitment to the environment and specifically to reduce its carbon footprint and all 32 of its fleet of crane vehicles have the maximum Euro 6 rating. They remain on track to have their entire business fleet Euro 6 rated by the end of 2021. James Burrell is also proud to continue its timber chain of custody schemes maintaining both FSC and PEFC certification in all branches and remain a fully signed up member to the Prompt Payment Code. Underlining all of this is the drive to invest in quality staff who are the cornerstone to the company’s success.