Greenwell Equipment racks up £6m turnover with record orders
Industry services firm Greenwell Equipment has recorded turnover of £6 million for the 2021-2022 financial year as the business completed several large-scale projects over the past twelve months.
Greenwell, which is headquartered in Aberdeen’s Greenbank Road and specialises in cabins, containers, warehouse racking and office furniture, delivered contracts for a number of large-scale projects, including the Queensferry Crossing, the AWPR, the new Aberdeen Harbour development, the A9 upgrade and supporting the HS2 Rail development in England.
The bulk of sales was in the cabin and modular building division with several substantial contracts secured, including large-scale infrastructure projects for the HS2 Rail development in England and the Cross Tay Project in Perth which was delivered last summer. The team have also secured a six-figure contract for the Port of Invergordon.
The Greenwell cabin division secured an additional 30% in new contracts last year, with the other three business divisions also enjoying growth. The racking and shelving division has seen increased work with movement in the energy industry which has resulted in the business doubling its in-house racking team.
Meanwhile, the business has increased its stock of shipping containers for sale and rental, and the office furniture division has supported companies with hybrid working, space planning and furniture installations.
Managing director, Mark Turnbull, said: “Our team has worked extremely hard to get through some very tough markets over the years, but we have had the opportunity to work on some substantial infrastructure projects across the north-east and further afield in the UK.
“Our continued growth is a testament to the service that we provide to our customers, whether we are helping someone to source home office furniture or designing and building modular solutions for a large project, every customer is valued by the Greenwell team.
“As the energy industry adapts and evolves in the region, businesses also have to change, and we have continued to move with the times to survive over the past 27 years. Now, as we head towards the energy transition here in the north east, Greenwell is well positioned to support customers with the shift in the coming months and years.”