Growth ahead for Thornaby manufacturer

Growth ahead for Thornaby manufacturer

A Thornaby-on-Tees manufacturer is expecting to enter a period of growth after receiving support from Yorkshire Bank.

Cotswolt Manufacturing, which produces specialist doors and door sets, is aiming to double its output in the next 36 months as the company sees further investment.

The business, established in 2005 by Ken Napper and Stuart Burnett, has ambitious plans to boost its turnover of £8.4m to £10m in the next year.

In the past two years the company has employed 35 new members of staff, with a current workforce of 86 people at its 82,000 square feet premises in Thornaby.

Alongside a new specialist on-site manager, another new addition to the team will be a full-time manager for the company’s new on-site gym which will open next month.

Commercial and financial director Ken believes that investment in people is crucial to company growth.

“It’s fairly rare to see a business with its own on-site gym purely for its employees,” he said.

“We genuinely believe that if you look after and invest in your people, the whole business will prosper.”

Cotswold Manufacturing has been working in partnership with Yorkshire bank since the company’s formation ten years ago.

Ken said: “Yorkshire Bank has taken the time to understand our business, which has contributed to where we are today.

“The level of support they’ve provided has steadily increased as we’ve grown, and we know they’ll be right behind us as we embark on the next phase of our growth.”

David Jeffery, relationship manager at Yorkshire Bank’s business and private banking centre in Stockton-on-Tees, said Cotswold Manufacturing was the perfect example of a business which is continually developing and looking to expand.

David said: “Ken and Stuart are so passionate about their business, and that passion comes through in the support they provide their staff, the efforts they go to provide exemplary customer service, and the innovation they deliver in terms of creating new products and services.

“Yorkshire Bank has been proud to support Cotswold Manufacturing for the first ten years of business, and we are looking forward to seeing the business go from strength to strength.”