Formby firm set to post record-breaking results for third year running

Formby firm set to post record-breaking results for third year running

by Danielle Thompson (September 2020)

SEFTON-based online bathroom retailer, Victorian Plumbing, has posted record-breaking financial results for the third year running - bucking the trend in the bathroom retail industry.

In the past 12 months, the company, based at Formby Business Park, has dispatched more than 750,000 bathroom orders leading to a revenue growth of 37%, from £151m in 2019 to £207m in 2020.

The company cites the UK’s appetite for home improvements as the catalyst for their success – and the figures have been revealed just weeks after business chiefs announced that they are creating an extra 80 jobs in the region. Mark Radcliffe, chairman of Victorian Plumbing said that the company is ‘proud to be able to make this announcement and has ambitious plans to continue this growth trajectory into 2021.’

He said: “The fact that we are able to make these positive announcements is testament to the whole company pulling together to drive growth and profit across all areas of the business.

“We already know we are the biggest online bathroom retailer in the UK and now we believe that these figures give us the largest market share and cement our standing within the vertical.

“We’re huge believers in investing in people and technology and that allows us to be better than the competition in all areas.

“ I’m really excited about the future of Victorian Plumbing, with much more still to come.”

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