AJN Steelstock Ltd, which has sites in Newmarket, Suffolk and Henstridge, Somerset, has reported another outstanding twelve month trading period as the company continues to go from strength to strength.
AJN Steelstock’s turnover for the year ending April 2017 was up 64% on the previous year with turnover reaching £92 million on sales of around 144 thousand tonnes of steel.
Commenting, AJN Steelstock’s Finance Director, Courtney Bell, said; “We are continually investing in our two sites, training our people and ploughing investment into the most up-to-date processing equipment so that we can offer our customers the highest levels of service.
“This commitment means that our customers get the right steel, delivered on time, anywhere in the country.”
AJN Steelstock now employs 335 people across its two sites with 75 new people joining in the last twelve months, following an intensive recruitment drive.
Investment in new plant and vehicles over the last five years has reached close to £15 million with just under £1.5 million being invested last year.
“We had planned to make the coming year one of consolidation, where we draw all the successful elements of the business together and plan our next development phase, but we have been so successful over the last 18 months that we are now pushing forward with further expansion”, adds Courtney.
“We have invested heavily in staff over this period, and that investment is really paying off. We are fortunate to be the kind of company that people join and stay with. That gives us tremendous continuity which our customers like. It also means that our teams are experienced, knowledgeable and professional.”