Holiday home manufacturer, Willerby, increases turnover and profits

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,

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.

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