Burnley, UK: CoolKit reports turnover up 50% to £17.5m and pre-tax profits of over £1m for its financial year ending June 2022.
The temperature-controlled van converter’s founder and chief executive, Rupert Gatty, (pictured above) says growth is due to penetration of the specialist markets that the company serves, as well as resurgence in demand for its products as customers recover from the pandemic.
“Demand over the past 12 months was particularly strong for van conversions for fleet operators. We placed express focus on growing our larger fleet customers within key target markets, which has paid off in two significant pharmaceutical-contract wins,” Gatty says.
“Orders for our ready-converted vans also reached a record high, particularly from the foodservice industry. We anticipate that had it have not been for the global supply chain issues impacting the vehicle industry at large, that this would have been even higher.
“Departments within the company continued to exceed expectations. These include a team of mobile technicians which support van operators by providing service maintenance and repair of transport refrigeration, and the sale of the Melform range of transportable refrigerated containers, of which we have the UK & Ireland distribution rights.”
Gatty says that the business is well placed to continue to grow by continuing to innovate in its field and by exploiting the cross-selling opportunities presented by its unique product portfolio.
“We expect our growth to continue whilst we focus intensely on our sustainability agenda. Tackling the challenges of the net zero carbon world by way of addressing our energy consumption, whilst evaluating the Scope 3 greenhouse gas emissions arising from our value chain and their impact on our customers are priorities for us.”
