A Yorkshire food storage company has announced that it is investing in expansion following a 9 per cent turnover increase.
Reed Boardall has undertaken work on an extension to one of the cold stores at its site in Boroughbridge, which will make it the largest cold store site in the UK.
The company’s latest financial results showed underlying turnover increasing by 8.9 per cent, rising to £68.4m from £62.8m the previous year.
The programme to extend the site is expected to be completed in March 2021.
Marcus Boardall, chief executive of Reed Boardall, commented: “We’ve operated in this specialist field for over 25 years and work with food processors and retailers throughout the country who rely on us for to supply their product on time and in premium condition.
“Changes in consumer shopping habits have led to food companies needing a more responsive logistics partner that is able to reliably consolidate products in order to cost-effectively deliver little and often.
“Our single site business model has proved ideal for this, resulting in a growth in demand for our services and, therefore, the need to extend our facilities.
“2019 was a particularly busy year for us as we continued to support the growth of our customers, and we again put in a solid financial performance, seeing turnover grow.
“Having already decided that the time was right to invest in expanding our cold storage facility at Boroughbridge, we were committed to moving forward with the project, undeterred by the turmoil of the pandemic which put intense pressure on the logistics sector– 2020 was a stark reminder of how important it is to have a robust and responsive supply chain.”