Heywood-based Vision Commercial Kitchens is looking to the future with optimism, despite a slight drop in turnover last year and the current coronavirus crisis.
In the distributor’s latest annual report, publicly available on Companies House, the turnover for the 12 months to 30 September 2019 was £11.5m, 6% down on 2018’s £12.3m
Operating profit also fell by 18% from £665,000 to £543,000.
Vision MD, Jack Sharkey told Catering Insight: “Vision has enjoyed a very successful year in 2019 which included the successful completion of the circa £2m Aberdeen Arena project along with many other high profile clients.
“Whilst our turnover up to our year end in September 2019 appears slightly down on the previous year, operating profit remained strong. This slight dip is purely due to a number of projects being delayed into Q1 of our new financial year and despite the current climate we still expect to end this year in a strong position.”
In the report itself he analysed: “The external commercial environment is expected to be challenging in 2020 due to Covid-19, however, the directors are confident that the company will maintain its current level of performance in the future.
“The company has strategically developed a new service model which has proven successful with a major customer signing a 5 year contract commencing 1 March 2020.”
Sharkey further detailed to Catering Insight: “The current Covid-19 pandemic will pose some challenges in the external commercial environment through 2020 but Vision is in a strong position to see it through.
“We have continued to invest with an expansion in both our project management and service teams with the service side of our business continuing to grow.”
He was also keen to emphasise: “At Vision our employees are key to our success and as such we class ourselves as the ‘Vision Family’, it was therefore a really proud moment to receive the 2019 Catering Insight Corporate Social Responsibility Award, which says everything about the ‘Vision Family’ being recognised for its charitable fundraising for the Christie Cancer Charity.
“We continue to focus on the Vision core values offering our customers innovative design, outstanding customer service with our value added approach.
“I must also pay tribute to our partners and suppliers who continue to be a real asset to the success of vision both in the past, in the current environment and I am sure in the future, its important, probably now more than ever to have strong, loyal and supportive supply partners as we navigate through this current situation with the Covid-19 pandemic.”