05/07/2022 Share this story Share on Facebook icon Share on Twitter icon Share on Pinterest icon Share on Google Plus icon Share on Linked In icon Share via Email icon

Holiday home manufacturer, Willerby, increases turnover and profits

128edaea-d45d-42b6-b9e6-2082ea854bde

Despite significant challenges posed by Covid and supply chain interruptions, the company’s latest accounts – for the year to October 2, 2021 – show an increase in turnover of 6% on the previous year, up from £122.5 million to £129.9 million, while operating profits grew by 20%, up from £2.5 million to £3 million

Willerby also ended the year with a record cash balance for the company of £25.5 million, an increase of 40% on its previous year’s balance of £18.3 million.

Willerby CEO, Peter Munk, says,

 

These results are very positive. They are a tribute to the success of our business strategy and the efforts of our people in overcoming challenging circumstances. The market we serve is exceptionally strong and all the indications are that this will continue well into the future. Our industry’s fortunes are directly linked to the UK holiday market and there can be no doubt that the staycation is here to stay.

British holidaymakers have rediscovered the joys of stress-free and sustainable staycations and short breaks in the UK. That has fed through to unprecedented demand for holiday home ownership and bookings at holiday parks across the UK. At Willerby these market conditions have given us the confidence to continue to invest in our workforce, talent pipeline, production capacity and product development.

In response to the increased demand for holiday homes, Willerby has upped its workforce by 250 in the last two years, meaning it now has 1,150 employees, plus 31 new apprentice roles – the biggest recruitment of emerging talent in the company’s history.

In recent years, the company also has put a focus on its environmental impact, installing a £1.2 million biomass heating system in November 2020, and introducing an electric and hybrid company car initiative, alongside its existing cycle-to-work scheme.


About Park & Holiday Home Inspiration magazine

Park and Holiday Home Magazine

Park & Holiday Home Inspiration magazine is the best guide to finding, buying and living in your perfect park or holiday home. The magazine is ideal for both the budding buyers to be, or for those who have been living the life of luxury for years.

Want to know more?

Park & Holiday Home Inspiration 

News

05/07/2022 Share this story Share on Facebook icon Share on Twitter icon Share on Pinterest icon Share on Google Plus icon Share on Linked In icon Share via Email icon

Recent Updates

Don't miss the latest issue of Park and Holiday Home inspiration, get your copy here ...


Seaview Holiday Park celebrates Tripadvisor award

The Gorran Haven campsite – one of three campsites in the family-run South West Holiday Parks group – has ...


South Hams pub opens two luxury lodges

​Turtley Corn Mill, one of the South Ham’s most popular eateries, has unveiled two luxury lakeside lodges ...


Forestry and Land Scotland calls for responsible access

Forestry and Land Scotland (FLS) is urging visitors to be mindful of plants and wildlife in a bid to help ...


Other News

Hybrid working has created an increased demand for motorhomes, caravans and holiday homes, says Swift ...


Insurance broker, Lifesure, celebrates 50 years

Motorhome, caravan and park home insurance specialist, Lifesure, is celebrating its fiftieth anniversary ...


VisitEngland announces winners of 2022 ROSE Awards

England’s official tourist board, VisitEngland, has revealed the 100 winners of this year’s Recognition of ...


New owners for Cenarth Falls Holiday Park

​Cenarth Falls Holiday Park in Newcastle Emlyn, Wales, has been bought by Boutique Resorts Ltd ...