46. Ulster Carpet Mills
- Managing Director: Nick Coburn
- Pre-tax profit: £10.7m
- Employment: 666
- Pay bill: £25.8m
Ulster Carpets, one of Northern Ireland’s best-known family companies, said 2018 brought another highly successful year with turnover up by 11% to over £76m.
Operating profit was also substantially up on the year before.
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During the last six months the company has commenced its biggest ever investment capital programme. The major development is at the company’s Portadown site but larger scale investments are also underway at Ulster’s two manufacturing divisions in the North of England.
In total £40m is being spent to guarantee the long term success of the business.
During the two previous financial years, the company took over two businesses, Roger Oates Design and Griffiths Textile Machines. Its long-serving chairman Edward Wilson, son of the firm’s founders, is retiring from the firm.
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