Accounts lodged by CR Smith Manufacturing, show an increase in turnover to £7.7 million in 2021 from £5.8m the previous, with a pre-tax profit of £282,828.

The net asset position of the company at 31 August was £651,913, a slight enhancement on the position in 2019 of £642,339.

Director of CR Smith (Manufacturing) George Eadie said: “Having had to close the factory in 2020 due to the pandemic, and then again in early 2021, the return to profitability in the financial year ending August 2021 shows the underlying resilience of the company and our ability to react quickly to the opportunities that do exist.

“Once the first lockdown was implemented, we worked closely with our suppliers and customers to make sure we anticipated and dealt with any foreseen challenges - that meant we were prepared to restart operations efficiently and effectively once restrictions were lifted.

“Market demand remains higher than immediately before the first lockdown and with a significant order book we are confident that we will build on the current position.”

The figures follow those of CR Smith Glaziers - the domestic sales and installation business - in September, which showed turnover at £23.5m and a profit after tax of £88,000 for the 16-month period to the end of December 2020.