Mansfield manufacturer celebrates large rise in turnover despite challenging year

Deanestor has announced a 12.5 per cent increase in turnover, which is a rise of £2million to £18million in the last financial year according to its latest report and accounts.

Originally established in 1948 to manufacture hospital furniture for the newly-established NHS, Deanestor now operates in diverse market sectors – fitting out hospitals, schools, student accommodation and build-to-rent residential schemes.

William Tonkinson, managing director of Deanestor, said: “We have continued to increase market share year-on-year for our furniture and fitout business and the 2019 financial year was no exception.

"This strong financial position has given us a very solid foundation to manage the challenges of the Covid19 pandemic.

"Our factory remained fully operational throughout the lockdown earlier this year and our teams across the business embraced the new ways of working very positively to avoid any disruption to our customers.

"We were also pleased to support the NHS working on several Covid-19 emergency hospital projects and accelerated completions of a number of healthcare schemes to increase patient capacity.

"The outlook remains positive. Sales enquiries are at a healthy level and we have a strong order book with a number of projects already in contract for delivery in 2021.”