Bathroom fittings firm taps into growth
Birmingham-based bathroom fittings manufacturer Samuel Heath has announced a rise in full year revenue and profits.
For the year to March 31, 2017, the company said revenue grew to £13.053m (2016: £12.584) and pre-tax profit was £1.234m (2016: £947k). Operating profit was £1.444m (2016: £1.156m).
Chairman Sam Heath said: “During the year, we thought it wise to have a revaluation of our land and buildings as well as our plant and machinery. This valuation showed a surplus of £1.389m (net of deferred tax).
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