MD's Statement

Whilst the industry continues to face challenging times, we are pleased to report a consistent trading performance.  Turnover and our forward order book are still healthy and the strong relationships and reputation we have formed have proved essential in the success of the business.  Our Framework Partnerships are proving their worth in forming the foundation of our future growth, and the positive feedback from our Partnered Clients has been very encouraging.

The focus of the Shareholders remains fixed on building a financially secure platform which will enable the business to grow to £20m turnover in the next 2 years.  With this in mind, we continue to re-invest in the business resulting in a net asset position rising well over £1m,  which continues to grow month on month.

Close financial controls have ensured that our project accounts are settled quickly and this has helped generate a good level of positive cashflow, resulting in over £1.85m of cash in the bank at the year end.  The strong cash position has been a consistent feature of the business, resulting in an excellent reputation for the payment of our supply chain.

The robust status of the business ensures that we are able to continue our expansion plans without over-stretching our financial and management resources.  We are delighted with the progress of the business to date and look forward to the bright prospects for the future.