Alliance posts best ever turnover

Alliance Online’s growth prospects continue to look good.

Online dealer Alliance Disposables’ growth is continuing apace, according to its latest accounts published on Companies House.

The Crewe-headquartered firm recorded its highest turnover yet, of £117.4m, for the 12 months to 30 September 2017. This represents a 3% uptick from 2016’s £113.8m.

However, operating profit slipped from £7.9m last year to £6.8m this year, while margins eased from 28.1% to 26.8% as the full year impacts of higher inflation were felt.

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Director Paul Bonson stated in the report: “During the year of these results, the directors of the business have shaped it towards a more balanced portfolio of customers and away from higher risk non-strategic groups. This has included significant gains in the public sector.

“Changes in our customer base have resulted in more modest growth in turnover and although our profits have not increased, they remain at a planned and healthy level.”

The report also revealed that the directors are confident in the underlying growth prospects for the company and that they continue to invest in the systems and infrastructure of the business to deliver growth.

Bonson further detailed: “During 2018/2019, Alliance will develop a European base in Ireland, with a focus on servicing customers in both Northern Ireland and the Irish Republic. This will also serve as a platform for trading and currency management into Europe.

“We are forecasting further top line growth in the current financial period and restoration of margins towards historical levels. Year to date results are ahead of forecast.”

Alliance provides catering equipment and disposables UK-wide from a network of 11 regional depots. It has increased its product offering to over 20,000 lines and continues to support a branded strategy.

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