TIMco has reported an 18% increase in turnover to £16.1m.
Due to the strong results, the company, which is based in Nantwich, has recently invested in an improved 21,000 sq ft warehouse, which has been built to allow the business to extend its product range to more than 3,500 different lines as well as to further improve product availability.
The company has also invested in a new labelling and packaging facility as well as two new quality control departments in the UK and Taiwan, ensuring all products exceed the recognised industry standards and performance criteria. Alongside this, TIMco has launched two new websites, www.timco.co.uk and www.timco.ie, and employed five new members of staff.
Simon Midwood, managing director of TIMco, said: “We’re pleased to report such strong results in a competitive industry. We have worked hard as a team and are thrilled to be able to reinvest in the business ensuing we meet customer’s growing demands. Our new warehouse will allow us to provide an even better service to our customers and it’s great to be able to bring employment opportunities in the local area.”