Innovative hoarding solutions provider Plasloc has announced it has posted record trading figures.
Plasloc’s founder Steve Matthews previously enjoyed a career in construction, where he identified a gap in the market for a cost-effective, sustainable, and innovative hoardings solution.
The business was founded in 2007, with its official launch in 2011.
Latest set of accounts show revenue is up 30%, with a raft of new contract wins and growth throughout its existing client base being the catalyst for the positive results.
Plasloc’s customer list features numerous leading retail, business and construction brands, with the last year seeing it deliver extensive projects for Channel 4, London’s St Thomas’s hospital and the University of Cambridge.
Steve Matthews commented: “Having worked in the construction industry for my entire life I know the impact that innovative products can have, especially when it is backed up with excellent service.
“The last twelve months have been very good for the business and we’re especially proud to have worked on so many complex projects – that have tested the team here and made a measurable positive impact to the customer.”
Steve also feels the construction industry is holding up well, despite challenging political headwinds.
He commented: “Who knows what is happening regarding Brexit and what deal we will get, but on the ground the construction industry is holding up well and there is a lot of velocity – with opportunities to grow for the right companies.”
Plasloc has swiftly obtained a reputation for its incredibly versatile product that is suitable for any environment, internal or external. To date, Plasloc has been an essential component in over 5680 different projects.
The company has an established network of more than 300 different clients, including Amazon, Morrisons, Dyson and the BBC, with substantial growth expected through 2018/19.
The latest Builders Merchant Building Index (BMBI) report shows builders’ merchants’ value sales in October were up +1.2% compared to the same month last year.
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