Close Menu
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing & Mental Health
  • Marketing
  • HR & Recruitment
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
X (Twitter) LinkedIn YouTube
Trending
  • How to build a £1 million pension and ISA portfolio
  • 5 Reasons Why Every Office Should Include Flexible Spaces to Work and Their Key Benefits
  • Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns
  • Building Trust in AI Through a Decision-Centric Approach in Manufacturing
  • In Profile: Michael Stausholm, founder and CEO of SproutWorld
  • A beginner’s guide to growth shares (and why they’re so popular right now)
  • Brits lose £11.4 billion to scams: these are 5 of the most dangerous
  • Bold Business Marketing Specialist Speaks In Swindon This Week
X (Twitter) LinkedIn YouTube
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing
  • Marketing
  • HR & Recruitment
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • Twitter
  • LinkedIn
  • YouTube
  • RSS
You are at:Home»News»Offsite Solutions Releases Strong Results for Last Financial Year

Offsite Solutions Releases Strong Results for Last Financial Year

0
Posted By sme-admin on December 16, 2020 News

Offsite Solutions, the UK’s leading bathroom pod manufacturer, has announced a 73 per cent increase in pre-tax profits on a turnover of £33.3m.

These results have put Offsite Solutions in a stronger position to minimise the impact of the current pandemic. All its bathroom pod factories remained open throughout the Coronavirus lockdowns this year, operating with Covid-secure processes and procedures in place and at reduced levels as a number of construction projects were delayed. However, by maintaining production, all pod deliveries were made to the dates required for every customer which is a major achievement.

Enquiries remain at a high level and have grown month-on-month throughout the pandemic. The quote bank is now valued at a record £325m. £26m of new orders have been received with a number of projects already in manufacture for 2021.

Commenting on the financial performance and the business outlook, James Stephens, Managing Director of Offsite Solutions, said, “More contractors and developers are now recognising that it is much easier to meet social distancing requirements in a carefully controlled factory environment than on a building site, particularly for work in such confined spaces such as bathrooms.”

“The outlook remains positive for our business, despite the economic uncertainties and challenges around Brexit and Coronavirus. We anticipate a significant increase in turnover from the end of the second quarter of 2021. We have a strong financial base and high levels of repeat business from both contractors and developers, which exceed 80 per cent and this has definitely helped us minimise the impact of the pandemic.”

“We continue to innovate and develop new types of bathroom pods, such as our enhanced GRP pods which are generating significant interest in the build-to-rent market. In the past year we have maintained considerable activity in the student accommodation and build-to-rent sectors. We are also receiving more enquiries for bathroom pods for hotels and senior living projects. This is a very positive platform for our strategic growth.”

“We remain extremely proud of our teams across the business and this year more than ever. They have consistently risen to the challenges we have faced to help us mitigate the impact of the pandemic on our business and our customers, and have found new ways to do what is needed and with such a positive attitude.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns

£20k grant for female-founded SME up for grabs

Deploying fintech solutions to boost climate resilience for African farmers

Comments are closed.

Follow SME Today on Linkedin and share all the topics you find interesting
Verify your identity for Companies House

The Newsletter

Join our mailing list for the best SME stories, handpicked and delivered direct to your inbox every two weeks!

Sign Up
Events Calendar
    • Marketing
    July 7, 2025

    Bold Business Marketing Specialist Speaks In Swindon This Week

    July 4, 2025

    How Generative AI is Giving SMEs a Marketing Edge

    • Finance
    July 10, 2025

    How to build a £1 million pension and ISA portfolio

    July 10, 2025

    Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns

    • Health & Safety
    July 1, 2025

    Temperatures Soaring: Is Your Workplace Becoming Unsafe?

    January 29, 2025

    UK takeaways guilty of shocking hygiene failures:

    • Events
    July 4, 2025

    £20k grant for female-founded SME up for grabs

    July 2, 2025

    As Seen on BBC Panorama – Brad Burton to Headline The South West Expo in Swindon

    • Community
    June 23, 2025

    Celebrating One Year In Fairford Supporting The Community

    June 2, 2025

    National Charity Accelerates Children’s Reading Through New Corporate Partnership

    • Food & Drink
    June 23, 2025

    England Cricket Captain, Ben Stokes OBE, takes a stake in Spencer Matthews’ alcohol-free spirits brand, CleanCo

    June 16, 2025

    Hospitality industry risks collapse

    • Books
    April 24, 2025

    Values-Driven Professionalism: A Path to Client Loyalty

    December 2, 2024

    Banish the banshee boss: how to lead without fear – addressing the issue of fear-based management and how NOT to be this manager

    About

    SME Today is published by the same team who deliver The Great British Expos’. We have been organising various corporate events for the last 10 years, with a strong track record of producing well managed and attended business events across the UK.

    Join Our Mailing List

    Receive the latest news and updates from SMEToday.
    Read our Latest Newsletter:


    Sign Up
    X (Twitter) YouTube LinkedIn
    Most Recent Posts
    July 10, 2025

    How to build a £1 million pension and ISA portfolio

    July 10, 2025

    5 Reasons Why Every Office Should Include Flexible Spaces to Work and Their Key Benefits

    July 10, 2025

    Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns

    July 9, 2025

    Building Trust in AI Through a Decision-Centric Approach in Manufacturing

    July 9, 2025

    In Profile: Michael Stausholm, founder and CEO of SproutWorld

    Categories
    • Books
    • Community & Charity
    • Education and Training
    • Environment
    • Events
    • Features
    • Finance
    • Food and Drink
    • Health & Safety
    • HR & Recruitment
    • In Profile
    • Legal
    • Marketing
    • News
    • Property & Development
    • Sponsored Content
    • Technology
    • Transport & Tourism
    • Wellbeing & Mental Health

    Copyright © 2020 SME Today.

    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Privacy
    • Contact
    Copyright © 2025 SME Today.
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Privacy
    • Contact

    Type above and press Enter to search. Press Esc to cancel.