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Gloucestershire Business News

Lakes Bathrooms reveals strong results

A county company which specialises in bathroom fittings has announced continued growth and expansion.

Lakes Bathrooms, which is based at Ashchurch, Tewkesbury says turnover for the year ending May 2017 was approximately £16.5 million - a rise of over three per cent on the previous year.

The business has just been celebrating its 30th anniversary.

The company's premium collection, Coastline, was overall the biggest seller, with continued growth in sales of walk-in enclosures, to support the trend for wetrooms and more spacious showering.

Lakes Bathrooms managing director, Bev Brown, said: "In a year of political turmoil we have worked hard to counteract unfavourable economic conditions and continue the tradition of year-on-year growth at Lakes Bathrooms.

"Pivotal to our strategy has been the product transformation to PureVueHD, optically superior glass, which has driven conquest business and increased our market share.

"This, in turn, has demanded increased stock-holding and so we have expanded into an additional new 70,000 square foot warehouse, plus opened our own showroom for the trade. We have also celebrated our 30th anniversary, so it has been quite a year!"

As well as physical expansion, the company has made a number of new appointments and promotions throughout the year, including additions to the warehouse team, sales administration and finance functions.

It takes Lakes total staff count in the UK to 71, plus an additional 68 at its manufacturing site in China. The company was ranked 67th in Gloucestershire's 100 Biggest Employers list in Punchline magazine.

Bev Brown said: "Our strong financial results are just one indicator of the success that the whole team at Lakes Bathrooms has achieved - it's thanks to their talent and dedication that we continue to grow, and we have a clear strategy for continued investment in innovation.

The company is preparing for the launch of a new product collection in the Autumn.

Pictured credit: Lakes Bathrooms

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