A commercial property development company showing year-on-year growth and increased profits has won a business award.
Meltham-based Towndoor Ltd was named Business of the Month in the competition run by Huddersfield law firm Eaton Smith.
Towndoor was founded in 1988 by Stuart and Lucy Bamforth, The Bamforth Group were initially involved in the dismantling of the huge premises which formally housed Case Tractors.
During this process 50% of the factory site was sold to the group in the name of Towndoor Ltd and within four years the whole of the site had been developed into an industrial estate which was fully occupied by 38 individual companies providing more than 400 new jobs.
Further expansion followed over the years and now Towndoor has more than 90 units throughout Huddersfield and Leeds spread across seven sites providing more than 1m sq ft of space in units of various sizes with properties including trade counters, garages, warehouses, offices, manufacturing spaces, apartments and even a reservoir.
The judges were most impressed with the year-on-year growth and increase in profits and the fact that the bulk of the profit is reinvested in the business to grow the stock and continually improve the quality of the premises.
Towndoor also contributes where possible to local community initiatives – such as completing a £750,000 safety project at Meltham Mill’s reservoir to protect local residents and businesses from possible flooding.
Towndoor managing director Dan Bamforth said: “We at Towndoor are constantly looking to expand and improve our portfolio.
“Previous work processes that proved to be problematic have been replaced radically transforming business applications across the company. This has resulted in a more transparent approach bringing together all aspects for measuring progress towards our business success.”
The Eaton Smith Business of the Month Award is run in conjunction with the Mid Yorkshire Chamber of Commerce and the government’s export support arm UK Trade & Investment (UKTI). For details, contact Ian Greenwood at Eaton Smith on 01484 821300.
To follow us on Twitter click here