Ambitious 2019 in the pipeline for joinery firm after record year
By Hull Daily Mail | Posted: 3 Jan 2019
An East Yorkshire joinery specialist heads into 2019 on a high after hitting record turnover levels.
Kingston Joinery, based in North Ferriby, saw revenue pass £8m for the first time in 2018, and has now set its sights on surpassing £10m in the coming 12 months.
The business has been involved in some major projects, including work at the new Hilton Hotel at Doncaster Racecourse and in London’s Islington Square - both of which have played their part in the record year.
Craig O’Leary, managing director, said he was confident the firm can continue its growth after a year in which it has secured high value work and developed strong relationships with both key suppliers and new clients.
He said: “This has been a key 12 months for Kingston Joinery and I am certainly very happy with our current position.
The firm has also worked on a project at the new Hilton Hotel at Doncaster Racecourse, pictured. (Getty Images)
“Like all business, and especially those in construction, we are heading into some uncertain times with Brexit. Many suppliers both in the UK and mainland Europe are presently not able to offer cost certainty on material prices, so we have that to contend with.
“However, we have strengthened every part of the business over the past 12 months. We have added experienced people to our senior team and worked hard on our long-standing relationships with suppliers and clients, as well as adding some new important customers, some whom we expect to be working with in the early part of next year.”
Other work carried out by the firm this year has included a £2m contract with Interserve on a new multi-million pound residential development in Leeds, a joinery project at the new Preston Road Women’s Centre, and work at a new £9.4m cancer treatment unit in Derbyshire. Despite the uncertainly hanging over UK businesses due to the ongoing Brexit saga, Mr O’Leary said he believed his company was well prepared to handle all that is ahead.
“Without doubt Brexit is having an impact and the market conditions are challenging with demanding margins,” he said.
“Securing payment from some projects has also been challenging over then second half of this year, and that is possibly due to many holding onto money for as long as possible.
“Despite this we have a pipeline of around £20m worth of opportunities that we are actively working on, and our track record over the past few years is getting us results when tendering for work on major developments.”