Sales at the Taunton-based company for 2012 were up 14%, surpassing the previous peak in 2007. Net profits were up by more than 300% to deliver the second best net profits ever.
Managing director David Salisbury said he was happy the company was going into 2013 on a sound financial footing with a full order book and thanked staff for their hard work during 2012.
“We know that the market has been tough and that many of our competitors are losing money, so it is all the more satisfying to know just what a turn around we have achieved since the depths of the financial crisis some four years ago, when for a few months it looked like we might not survive,” he said.
The results follow a 20% boost in sales in its first-half figures, reported last July, when Mr Salisbury said he was kick-starting invesment plans again and aiming for a £12m full-year turnover.
“After several years of caution we have again started to invest in new equipment and also in our workforce,” he said. “In the spring we were able to raise wages across the board and several new staff members have been appointed in recent months.
This will help improve our service and give us more capacity to further develop our products. “In addition, by acquiring Oakminster earlier in the year, we established a presence on the ground across the whole country for the first time."
