Clearview National December 2017 - Issue 193 - Page 12

PROUD SPONSOR OF INDUSTRY NEWS INDUSTRYNEWS RACEGOERS RAISE CANCER GIFT CASH » » CUSTOMERS HAVE applauded Glazerite for another spectacular Race Day where racegoers helped to raise over £550 for a charity devoted to giving gift bags to cancer patients. More than 150 guests attended the event at Wolverhampton Racecourse, which included a three-course dinner and evening entertainment, with some travelling from as far away as Aberdeen and the Isle of Man. “We have a fair trek to get to the Glazerite Race Day but it has always been worth it,” said Andy Cadman, Trade Sales Director for Thistle Windows, “It’s a fantastic evening for us all and a great deal of money was raised for a worthy charity.” There were both losses and wins on the horses, with Shane Howells, owner of Shane Howells Ltd. He commented: “. The win made it extra special and we can’t wait to see what Glazerite have in store for us next year”. The biggest handover of the evening, however, was £552 to The Lewis Foundation, a charity who organise weekend visits to Northamptonshire hospitals to give cancer patients a choice of gift bags to brighten their stay. CELEBRATING 20 YEARS IN BUSINESS » » SHROPSHIRE-BASED trade fabricator Universal Trade Frames is celebrating 20 years in business and 20 years of being a Spectus fabricator too. Brian Kruger, Universal Trade Photos from the event can be Frames’ Managing Director, seen at: https://www.youtube. said: “As a business, Universal com/watch?v=l1JAW3leEew Trade Frames is committed to &list=PLpaGQ3pjJv9dIh4_ NvrT0RjV45lEI-t5J the quality of our products and to meeting the needs of our www.glazeritewindows.co.uk customers.” Universal Trade Frames manufactures the Spectus ovolo and sculptured Elite 70 systems, a combination that means it can deliver what its trade customers need. It recently signed up to the Excellence as Standard membership programme that aims to drive up standards across the industry, an aim Brian and his company wholeheartedly endorse. Universal Trade Frames is a family-owned company. All its products are manufactured in its state of the art manufacturing plant and it is renowned for delivering consistent quality combined with outstanding back up and support. And in Spectus the team has a fabrication partner that works proactively with them to ensure they meet and exceed their customers’ expectations. To mark the anniversary, Clara O’Hara, Divisional Managing Director of Epwin presented Universal Trade Frames with a commemorative plaque. www.spectus.co.uk Latest industry financial performance revealed » » INSIGHT DATA HAS RECENTLY compared the financial performance of fabricators and installers as part of a new Industry Report, following research conducted with over 15,000 window, door and conservatory companies. The report reveals a significant divide between supply-only fabricators, fabricators that install, and installers who don’t manufacture. Insight Data analysed the financial results of limited companies and LLPs. As small and medium companies don’t need to publish turnover or full accounts, Insight measured ‘net worth’ taken from their latest published accounts and calculated industry average benchmarks. 12 » DEC 2017 » CL EARVI E W- UK . C O M Fabricators who ‘supply only’ performed the best over the last 3 years with an average net worth up some 80% from £280,220 to £505,047. Fabricators who install improved from £219,093 to £265,228 - a rise of 21%, while installers who buy-in strengthened their financial position by 9%, from £49,651 to £54,280. It must be noted that companies post their published accounts in arrears and the clear majority of accounts relate to a 2016 financial year end. The full Insight Report provides in- depth analysis of the industry, including business activity, market sectors and product information. It is available for free for a limited period, visit www.insightdata.co.uk/reports