Stortec Year End Results 2018 - Stortec Engineering Ltd

May 24, 2019by Jonathan

Stortec, the specialist contractor for the liquid and biogas handling industry has announced their 2018 financial results for 2 February – 31 December 2018. These results show the substantial growth from formation with just 5 employees to a successful multinational business with over 40 staff. (May 2019).

2018 Year results summary.

  • Formed 2 February 2018 with 5 fulltime staff members.
  • As of 31 December 2018, Stortec had grown to 30 fulltime staff members.
  • Throughout 2018, Stortec worked on and completed 51 projects. That’s more than an average of one a week.
  • For the full operating year of 2nd Feb to 31 Dec 2018, the turnover was £6.3m. (327k Pre-tax profit).

Dan Jones, Sales Director, said:

“What a year 2018 has been for Stortec. From just 5 staff and a desire to make a difference within the liquid and biogas sector in February, the company has grown into one of the main specialist contractors within the industry.

“Stortec is now a major name designing and engineering bespoke, fully integrated solutions for the water, wastewater and biogas industries who can include United Utilities, Thames Water, Severn Trent and Southern Water as clients. Here’s to an even bigger and better year in 2019.”

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