Investment strategy for family company

The Dewsbury-based company increased pre-tax profit by 187 per cent, from £6.2m to £17.8m, in the year to September 2011, while turnover rose by 22 per cent to £34.8m from £28.6m.

The family-owned company, which can trace its roots back 150 years, created 66 jobs during the year and now employs almost 400 people at its 18 depots around the UK.

The firm is a specialist manufacturer, supplier and contractor of modular and proprietary temporary works equipment for ground support, refurbishment, bridging and access systems

The company invested £6m in new equipment last year and plans to invest a further £7.5m this year.

Managing director Mark Rooney said: “We are constantly looking to move the company forward and expand our product range to include products that are complementary and those that will provide additional revenue streams.”

He added: “We have recently invested more than £500,000 in our team in order to improve the service, response and quality that our customers expect.

“Mabey Hire Services is a progressive and ambitious business. We intend to expand into new product areas, as well as maximising the opportunities for using new technology to improve efficiencies on construction sites.”

Performance highlights in 2011 included the supply and installation of heavy duty bracing equipment to allow the excavation and piling for a new Help for Heroes national rehabilitation centre for wounded service people in Wiltshire.

Other projects include work at Nottingham Trent University and Union Mills in Huddersfield, which was struck by lightning.