Profit and turnover both up substantially, with the company crediting its success to customer care and innovation
Taxi & Bus Conversion Limited (TBC) has released annual results for the 14 months ended 31 December, 2017, showing a dramatic increase in profits.
Turnover increased from £7.5m to £11.7m, while operating profit increased by more than 400%, from £141k to £641k.
It should be noted that all of these figures compare a 14 month period to a 12 month period in the previous year – the 12 months ended 31 October 2016 – and therefore it is to be expected that the figures would rise to some degree.
David Donnell, Managing Director of TBC Conversions, said: “Our growth is down to two factors – customer care and innovation.
“No two customers are the same and we treat each as individuals, ensuring that the vehicle conversions they require exceed their expectations.
“It’s this customer-centric policy that led us down the path of innovation.
“TBC Conversions now fit as standard its own rear door seal, the quietest on the market, reducing noise and heat loss. We have also pioneered a two-piece ultra-light ramp for ease of use.
“A strong production calendar across the next 12 months, which encompasses minibus, wheelchair accessible and specialist conversions for the public and private sector will ensure future trading is strong.
“Throughout the business we employ highly qualified experts and have a commitment to engineering excellence and customer service.”