Boating Business | Davey and Co expands into new premises

DAVEY AND CO EXPANDS INTO NEW PREMISES

HOMENEWSINDUSTRY NEWSDAVEY AND CO EXPANDS INTO NEW PREMISES

13 May 2021

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Davey and Co has relocated to larger premises Photo: Davey and Co

INDUSTRY DATABASE

DAVEY & CO LONDON LTD

Davey and Co has relocated to new premises in Essex, the company’s fourth move in its 136 year history.

The move was prompted by the decision to bring CNC machining in-house which meant more space and new staff were needed.

“The new premises are part of Davey’s ongoing commitment both financially and in people, to ensure it continues to improve and grow,” explained MD, Jeff Webber. “It’s all happened rather quicker than we anticipated.”

He added: “We’ve started recruiting for additional office staff support, so we can improve on the service we offer our clients.”

Back on track

Turnover was down 30% year on year when Davey was taken over by John Buckley of Harbour Marine Services in August 2020 but had bounced back 10% by Christmas. This year has seen increased growth with April 2021 seeing double the sales of April 2021, helped by an increase in stock holding by around 35%, and reducing the number of back orders.

Business is such that they have even brought back a retired engineer to help with demand. The company is also recruiting new members of staff for the stores and for admin support, using the government’s Kickstart programme for 16 to 25 year olds.

The company is also keen to grow its volume of exports and has invested in a new computer system to help smooth trade post-Brexit. Davey is planning a new catalogue for November 2021, ready for its appearance at METS. This will include new products alongside existing lines.

via Boating Business | Davey and Co expands into new premises.

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