Expansion in the retail counters market and a string of orders connected to the free school meals scheme have helped Bradford-based catering equipment maker Victor Manufacturing to record its highest turnover in 70 years.
The company announced today that sales for the 12 months to March 31 increased 27% from £6.8m to £8.6m.
Victor said it plans to build on the success by increasing stockholding ahead of an anticipated seasonal rush.
Over the last 12 months the company has picked up contracts to supply catering equipment to primary schools in England and Scotland, while sales of counters into the retail market have increased.
Export sales also climbed from £250,000 to £400,000 following new contracts with customers in the Middle East.
Sales director, Andrew Gibson, said: “Our investment in stock to respond to customer demand and seasonal spikes reduces the lead time of custom built items, enabling customers in education, healthcare, hospitality and retail sectors to find the best catering equipment solutions quickly and easily.
“At the same time, developing high quality, energy efficient catering equipment that is at the forefront of the industry continues to be a major focus us as we look to help our customers control costs, cut expensive food waste and reduce their energy bills. We believe that these approaches are major contributors to our success and we are delighted with the results.”
To meet record demand from customers in the UK and overseas, Victor has recently expanded its manufacturing space by acquiring additional premises close to its headquarters and increased staff numbers by 23%.
The 9,000 square foot building comprises office and factory facilities and is being utilised for retail and commercial counter assembly with 100 of its most popular products, which store hot and cold food in optimum condition, held in stock for immediate despatch.