THURSTON GROUP ON TRACK FOR £50M TURNOVER
16 July 2021
Wakefield-based modular and portable building manufacturer Thurston Group is on track to hit £50m turnover with recruitment underway to support future growth.
The business was able to stay fully functional during the pandemic, with office-based staff moving to remote working and factory staff being able to continue working within operating bubbles while adhering social distancing.
Thurston employs more than 350 staff and is able to produce in excess of 550 units per month from its three manufacturing sites.
According to recently issued accounts, Thurston Group's turnover at the end of October 2020 reached £35.3m. The company is on track to hit £50m this year, meaning turnover will have more than doubled over the last three years.
The company is now recruiting for a significant number of employees and apprentices across all departments to support further growth plans.
Matthew Goff, managing director at Thurston Group, said: "We're really pleased to have seen another successful year of growth, which has produced record results in all areas increasing our turnover. Our continued success is directly attributed to the efforts made growing our client base throughout the UK and Ireland along with a recently secured place on the £1.6bn NHS SBS MB2 Framework, putting us at the forefront of our industry.
"Furthermore, our positive financial position means we will continue to provide capital expenditure and investment into our production facility locations; modernising and improving both the working environment for our employees. Whilst at the same time improving the production capacity of each Thurston's location.
"More recently the planning for a dedicated sub-assembly facility on the Horbury site significantly improves our production capacity, whilst also increasing manufacturing floor space at this site."