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.