Eden Mobility’s annual turnover has once again exceeded the £11m mark as the firm expanded off the back of new store openings last year in a move its owners hope will take it “ever closer to becoming a national high street retailer”.
Accounts for the year ending 31 January 2017, lodged with Companies House this week, reveal that turnover increased from £11m the year before to £11.1m this time around, a record top-line return for the company.
Eden also recorded a net profit of £425,713 compared with £744,941 in the previous accounting period.
In their strategic report, the directors of the company said that the business is now in a stronger market position, partly due to importing equipment directly from the Far East and Europe. They believe this will further strengthen its position in the market in the future and said that the company expects to grow “after a year of consolidation”.
“With the population increasing, the directors feel the market for age care products is likely to remain buoyant,” they stated.
In terms of the risks posed to the business, meanwhile, they acknowledged the uncertainty of the pound due to current Brexit negotiations.
Eden is now one of the largest sellers of mobility equipment and living aids in the country, with 29 stores, mainly throughout the north of England.
It has been trading successfully for almost 20 years under the management of founders David Hughes and Karl Howe.
They initially focused the business around scooters, powerchairs and stairlifts, building up a reputation for fast and efficient after-care service.
The Scunthorpe-based firm now has an estimated 130 staff and the founding duo have scaled the business over a number of years. It now claims to have a customer base of more than 180,000 people.
Eden attributes much of its success to its “highly trained staff” who listen to customer requirements.
“The company prides itself on its customers’ care and support, and due to the hard work of its employees and the loyalty of its customers, the company is now one of the UK’s largest mobility retailers,” the directors stated.