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Derby-based engineering firm reports continuing profitable growth

Derby-based Tidyco, a supplier of hydraulic and pneumatic products to a diverse range of industries reports profitable growth.

Jay Bhundia, finance manager for Tidyco says: “I am delighted to report that the organisation has achieved an impressive 14% growth in operational turnover whilst retaining consistently healthy profit margins and bottom line figures. The group has also scored a 100/100 credit rating from Experian, which is classed as outstanding.”

He added: “Tidyco has experienced significant success in growing turnover through existing supply chains within the UK rail industry as well as its Hose Doctor reactive mobile hydraulic hose replacement service provision.”

The local engineering firm has expanded sales and marketing personnel to support a three year growth strategy. Tidyco has recently opened a new manufacturing and distribution unit, published a dedicated corporate social responsibility statement of intent as well as undertake a trade mark project to support on-going profitable expansion.”

James Tidy, managing director concludes: “The family owned business is never afraid to diversify and investigate new ways to penetrate additional markets whilst growing existing supply chain relations. The company has also witnessed tangible success in online commerce as well as agitation within international export. Whilst competition and global markets remain fierce, Tidyco is committed to offering a best in class customer service whilst continuing to grow company profits consistently and continuously.”

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