Door-Stop Up 30% On Organic Growth
Composite door manufacturer Door-Stop International has reported a full-year turnover of £17 million, a 30% rise on last year’s figure of £13 million.
In a statement, the company said that had attracted new customers at a steady rate of around 25-30 a week, but attributed most of its sales increase down to organic growth. No details of profitability were given.
“Our existing customers are now buying 40% more doors on average than they were two years ago. We are growing faster than the market, but the composite door market is also expanding quickly,” said managing director Nick Dutton.
“Simply put, composite doors are stealing share from the PVCu panel door market. Customers who used to buy-in both tell us they are done with panels and their associated problems: peeling, pinking and poor security. It’s not worth the time spent in repairs or the cost to their reputation.
The popularity of composite doors, which are usually made from a number of materials such as PVC, wood, insulating foam and GRP (glass reinforced plastic), has increased dramatically in recent years.
In November 2010, a report by analysts MDB said that demand for PVCu doors, particularly from the social housing sector, is falling in favour of metal and composite doors, largely due to concerns over security and longevity.
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