Kitchen-maker Woodland cooks up more new sales
THE north's largest kitchen manufacturer Woodland in Rasharkin has enjoyed another robust trading year as it cooked up new sales and bigger profits.
Founded in 1987 by Brian McCloskey, the firm's revenues soared by 66 per cent from £11.8 million in 2017/18 to £19.6 million in the current training year.
Its gross profit came in at more than £3.5m, and after all costs and taxes, its retained profit was £753,722 against £571,980 a year earlier.
The company - which provided kitchens and wardrobes for apartments used in the Batman movie The Dark Knight Rises - also added to its payroll, with staff numbers jumping from 142 to 155, increasing the wages bill to just shy of £4m.
Woodland has established itself as one of the leading manufacturers of kitchen, bedroom and bathroom furniture.
Over the years it has partnered with some of the largest multinational companies, supplying them tailor made cabinets. It also supplies customers through a network of distributors throughout the UK, Ireland, mainland Europe and the Middle East.
Company director Brian McCloskey said the "strong trading performance" was mainly due to the "development of new product lines and continued growth of the company", and he said the company remains in a sound financial position.
Woodland has grown from humble beginnings to a 100,000 sq foot purpose built manufacturing plant in Rasharkin, supplying the UK's most successful kitchen, bedroom and bathroom companies.
Its contract clients have included a number of top-end customers in the hotel, residential, and student accommodation sectors.