Export success drives 10% growth for composite panel construction specialist ISD Solutions
Published on 9th Apr, 2015
Gloucester 7 April 2015: ISD Solutions, the UK’s leading specialist contractor in the design and construction of composite panel cold store warehouses, firewalls, data centres and clean rooms, announces a second record-breaking year. Turnover is up 10% to £30 million for the year ending January 2015, with the growth of 24%, 40% and 70% for the past 5,6 and 7 years respectively.
The company, which has ongoing contracts with leading grocery groups including Aldi, Waitrose, Morrisons and Ocado to provide both warehouse and in-store cold storage facilities, has recently won new orders in its traditional UK business sectors.
A key contract completed this year for the Firewall & Data division was a £7m project in the Nordics incorporating a massive 30km2 of mineral wall panels. ISD was chosen because of the highly specialised needs of the end user and ISD’s specialist LPS1500 fire-accreditation.
Exports this year from ISD include specialist control rooms for science and research applications worth some £300,000 manufactured in the UK, and shipped to 20 sites across North America and Central Europe. There are also new distribution agreements with local partners in growing India and East African markets spearhead ISD’s growth in the sub-continent. ISD will be consulting and project managing the setting up of large cold store supply chain project infrastructures as well as its successful modular solutions.
Overseas orders are also driving production in the company’s three bespoke manufacturing facilities, which now show a 24% increase in manufacturing for doors, panels, metal works and stowaway shelving over the previous two years, an 8% increase from last year.
Andy Moon, CEO of ISD Solutions, comments: “We entered 2015 on the back of an extremely strong period and are confident of at least 10%-15% growth in most markets this year, fuelled by strong demand, both home and abroad. Our strategic focus on quality, customer service and robust financial control continue to generate significant interest, with 90% of our projects representing repeat business from leading contractors, satisfied customers and partners. This is a testament to our focus on building relationships and the quality and dedication of our staff.”
Moon continues: “With the UK economy on a firm growth path, we are delighted to be recruiting in most areas across all divisions to meet growing demand in our offices and factories in Gloucester. We have employed nearly 20% more permanent employees, boosting staff numbers to over a hundred and we are proud to be a bronze Investors in People company.”
Mark Robinson, Relationship Director at Lloyds Bank Commercial Banking in Gloucester, adds: “ISD, headed by a strong and highly-respected management team, continues to thrive and typifies the type of business that is helping to drive the UK’s economy, especially with their strong export record. We are committed to working with them to provide the backing they need to continue their expansion.”