Contractor to the chains turns in sales of £25m

Dukes 92, Manchester

Leisure contractor Medlock FRB is celebrating a record year in which its revenues have gone north by 35%.

Figures released by the company today show that its turnover in the year to December 2015 reached £25m, up from £18.54m in the previous 12 months.

The construction and fit-out firm bolstered its customer base with the addition of new clients including Casual Dining Group, Thai Leisure Group, Mitchells & Butlers, Empire Cinemas and Langdale Leisure.

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Medlock also enjoyed strong repeat business with major customers such as Premier Inn, Enterprise Inns, Greene King, JD Wetherspoon and Joseph Holt.

The firm, which has its headquarters in Oldham and operates nationwide, is on track for further strong growth this year.

Revenues in the first three months of 2016 climbed 14% compared with the same period last year, from £5.5m to £6.3m.

Major contracts completed between January and March included the £1m fit-out of Dukes 92 bar in Castlefield, Manchester (pictured above), and the £1.3m fit-out of the El Gato Negro restaurant in Manchester city centre (below).

El Gato Negro, ManchesterMedlock also fitted out a new All Bar One venue at the intu Trafford Centre for Mitchells & Butlers.

Finance director, Colin Drury, said: “We are pleased to report that the company has achieved record sales and further progress against our business plan and strategy of continued long-term growth.

“Repeat business with our major customers has been a tremendous success, accounting for 68% of the sales total, while our customer base has been strengthened with the addition of further premium brands.

“We have added key staff in the project delivery process, enabling us to deliver our projects safely, on time, to budget and to the highest quality, leading to further repeat business. We will continue to work hard to drive value while consistently delivering customer service and quality across the business.”

Alongside its purpose-built headquarters in Greater Manchester, Medlock FRB operates a 20,000 square foot bespoke facility where it manufactures joinery, metalwork and glass products for clients. The company is owned by its management team and employs more than 60 staff.

Tags : Casual Dining GroupcontractordesignEmpire CinemasfinancialsLangdale LeisureMedlockMitchells & ButlersThai Leisure Group
Andrew Seymour

The author Andrew Seymour

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