Profits soar at TBC Conversions that makes vehicles wheelchair-friendly
A Co Tyrone company specialising in converting vehicles to make them wheelchair accessible has more than quadrupled its pre-tax profits in just over a year.
TBC Conversions Ltd in Dungannon was set up in 2006 by Terence and Raymond Donnelly, the brothers behind Northern Ireland's largest independent car dealership Donnelly Group.
The group's former managing director Malcolm Kerr is also a director.
It employs 55 people at a purpose-built facility on the outskirts of the town, converting vehicles for both wheelchair drivers and passengers, as well as minibuses and taxis for the commercial and public sector.
Recently filed accounts show pre-tax profits grew from £105,286 to the 12 months ending October 2016 to £616,665 to the 14 months ending December 2017.
The same period saw turnover increase from £7.5m to £11.7m.
The growth has continued into 2018, leading to the creation more jobs, particularly on the production side.
The workforce has grown from 41 to 55 in less than two years.
TBC Conversions confirmed this week that sales had grown by 40% in the last 12 months, with 481 mobility vehicles converted and sold between June 2017 and June 2018.
Almost 80% of the sales were exported to the Britain market, making it one of the largest retailers of mobility vehicles in the UK.
Managing director David Donnell said he put the growth down to the company's approach to customer care and innovation.
"No two customers are the same and we treat each as individuals, ensuring that the vehicle conversions they require exceed their expectations," he said.
"It's this customer centric policy that led us down the path of innovation.
"TBC Conversions Ltd now fit as standard its own rear door seal, the quietest on the market, reducing noise and heat loss.
"We have also pioneered a two-piece, ultra-light ramp for ease of use."
TBC said it is the only company in Northern Ireland to have attained the Volkswagen commercial vehicles recognised convertor status.
Mr Donnell added: "Over the last year we have built a partnership and network with nearly 20 Volkswagen dealerships across UK and Ireland and plan to build upon this over the coming months.
"A strong production calendar across the next 12 months, which encompasses minibus, wheelchair accessible and specialist conversions for the public and private sector, will ensure future trading is strong.
"Throughout the business we employ highly qualified experts and have a commitment to engineering excellence and customer service. We work hard to ensure that all our vehicles are designed, built and delivered with intelligence, empathy and care and it's on these foundations we will continue to grow."