Fit-out specialist soars on back of chain projects

JD Wetherspoon pub

A construction and fit-out contractor specialising in the hospitality market has posted record financial results following a slew of work with a string of the industry’s top chains.

Oldham-based Medlock FRB grew sales from £11m to £18m last year as it picked up work with operators such as Whitbread, JD Wetherspoon and Curzon Cinemas.

The company also carried out projects for long-standing customers such as pub operators Greene King, Joseph Holt, Robinsons, Hydes and JW Lees, according to the Manchester Evening News.

Medlock, which employs 62 staff, claims that the strong growth has carried forward into 2015, with first quarter revenues up 20%. It aims to top the £20m turnover mark this year.

Finance director Colin Drury said: “We are pleased to report that the company has achieved record sales and further progress against our business plan.

“Along with our strong balance sheet, these achievements provide a robust platform from which to deliver further long-term strategic growth across the business.

“We have continued to deliver our projects safely, on time, to budget and to the highest quality, leading to further repeat business.”

Drury acknowledged that the company’s customer base had been strengthened with the addition of a number of “premium brands”.

Medlock operates throughout the UK carrying out projects ranging in size from £10,000 to £2m.

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