Sovini Trade celebrates record year

Sovini Trade celebrates record year

The team at independent builders merchant Sovini are celebrating after exceeding their financial targets in a record-breaking year for the business.

Merseyside-based Sovini Trade Supplies (STS)turned over £5.9m in the last financial year, far surpassing its projected turnover of £5m.

The building supplies store – which has a warehouse in Aintree – almost doubled its anticipated annual profits from £215,000 to £500,000, proving how successful it has been since its launch in 2014.

STS prides itself on being a 'one stop shop' for housing associations, house builders and repairs and maintenance firms in the North West.

The firm is unlike most businesses of its kind, with all elements of the business, from sourcing and purchasing, to supplying and serving, centred on the desire to do social good.

As part of the philanthropic Sovini Group, capacity generated by STS is reinvested in the group’s non-profit social housing partners, supporting their investment in new homes and communities.

Sovini Group partners include One Vision Housing, Pine Court Housing Association, Sovini Property Services and Sovini Homes.

Director Anita Harrison-Carroll said: “We have a great working culture at STS, our team are small but have an extensive skill set which has been the driving force behind our financial success.

“Every member of our team has contributed hugely to this fantastic achievement, and we aim to increase our turnover to £7.1m in 201617 as we win new business and develop existing relationships.

“We have a large array of customers across the North West including W Carroll Group, JC Construction and North Liverpool Construction, and this list will continue to grow as we move into the next financial year.”