Monday, May 10, 2021

Mansfield furniture manufacturer announces record £9.4m orders for last quarter

Mansfield-based Deanestor, one of the UK’s leading furniture and fitout specialists to the construction sector, has been awarded £9.4m of new orders in the last three months – a record quarter for order intake.

The new orders are in every sector Deanestor operates in – build-to-rent, student accommodation, healthcare, and education – and across the UK from Glasgow to Swansea and Brighton. Around half the projects are for repeat clients – both developers and contractors – following Deanestor’s successful performance on earlier schemes.

William Tonkinson, Managing Director of Deanestor, said, “We are pleased to report our best ever quarter for order intake. We saw a clear slowdown in orders from Spring 2020 as our contractor clients had to find new ways of working in the Covid-19 pandemic. Projects are now up and running again which has resulted in a surge in new orders.”

“The construction sector has definitely been more buoyant from the start of this year and confidence is returning in all the markets we work in. Enquiries remain at a healthy level and we have a record quote book which is another very positive economic indicator.”

In Wales, Deanestor has been awarded a £2m contract to manufacture bedroom furniture and fitted kitchens for Crown Student Living’s latest scheme. This is a £35m, 500-bed waterside student housing development in Swansea under construction by Midas.

Boclair Academy is a new £40m secondary school for 1050 pupils, under construction by Wates Construction and McLaughlin & Harvey for East Dunbartonshire Council. Both loose and fixed furniture will be supplied and fitted by Deanestor in a £1.5m contract.

In the build-to-rent sector, Deanestor has won a contract worth more than £1m for Bowmer & Kirkland to manufacture and install bespoke contemporary kitchens for a new £64m build-to-rent development in the centre of Milton Keynes. This is for Grainger plc, the UK’s largest residential landlord. Enigma Square will provide 261 purpose-designed homes for rent on a site historically occupied by the YMCA.

Other new contracts include a number of projects in the healthcare sector – work on the refurbishment of Aintree Hospital with BAM and the 3Ts redevelopment at Royal Sussex County Hospital in Brighton.

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