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Birmingham Post
Birmingham Post
Business
David Laister

Sewell sails back over £100m turnover mark in strongest year for almost a decade

One of Hull’s leading privately owned businesses has posted a strong post-pandemic return.

Sewell Ventures, which covers construction, development, fuel and convenience stores, as well as facilities and estates management, saw turnover back above the £100 million mark for the first time in four years, coming in at £115.8 million for 2021. It had dropped to £84.6 million in the year Covid hit.

The forecourt operations brought in the lion’s share, at £57.1 million, up from £48.2 million, with construction and development at £50.4 million (£28.3 million). Operating profit was up from £1.6 million to £2.1 million, with total profit down from £2 million to £1.6 million.

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