An Oldbury-based workwear provider, which makes clothing for the likes of Jet2.com and Travis Perkins, returned to the black and increased its turnover during its latest financial year.
Direct Corporate Clothing, which was founded in 1999, has reported pre-tax profits of £3.4m for the year to 31 March 2019 after making a loss of £3.2m in the prior 18 months.
The company’s turnover also increased on a like-for-like basis by £5m after it totalled £45m in the last accounting period.
Direct Corporate Clothing operates a 72,000 sq ft warehouse and head office in the West Midlands as well as a 40-acre factory site in China
A statement signed off by the board said: “Trading has remained strong and the business is focused on growing revenues with its existing as well as new customers.
“The business has developed a strong pipeline of potential customers and is working on this to ensure that the tendering process is robust.
“Business processes have been substantially reviewed and improved through the appointment of stronger management.
“The control environment is more defined with clearer levels of approval and authorisation.”
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