Ian Williams Reports Strong Financial Performance
The recently published Annual Accounts for Ian Williams Ltd show another successful year in terms of financial performance, a robust pipeline of future sales and ongoing investment in the sustainable, future growth of the leading property services specialist.
During the 12 months to October 2016, the organisation established a training Academy and charitable Foundation, as well as increasing its investment in apprentices and trainees. This was recognised by an Investors in People Gold award. The business also claimed the top spot for the PwC’s West of England Business of the Year Awards 2016 in the over £30m category for its contribution to the region with respect to economic investment, training and innovation.
Ian Williams’ Executive Director, Mike Turner commented: “We have achieved 41% growth in the last three years and as these recent Accounts show, we’ve maintained this robust performance over the last financial year. Although sales reduced due to external market conditions, primarily within the public housing sector, we maintained profitability ahead of our competitors and remain firmly within the top quartile for the sector. An increased pressure on public sector funding and a drive for cost reductions and efficiency savings will continue to underpin our significant investment into innovative and streamlined systems and processes to meet our objectives and support our customers to meet their objectives too. We will also continue to build on our achievements within the non-housing sector as well as putting a strategic focus on supplying property services for the education market. We look forward to maintaining this positive position over the next 12 months with a close focus on operational excellence, innovation and business performance.”