News: UK Company Reports 2017


Philip and John Tomlinson’s rapidly expanding Wrexham-based Tomlinson’s Dairies—small milk processors until they moved into a new 100m-litre capacity dairy in 2012—have reported sales for the year to March 2017 up 23% to £47.1m, operating profits up 19% to £2.5m—slightly reducing operating margin to 5.3%—and pre-tax profits up 15% to £2.3m after finance costs went up 44% to £178,000. They are now the 10th largest liquid milk processor in the UK. Total equity was up 27% at £9.0m. Welsh assembly grants of £467,000 were received. During the year they completed a blowmoulding facility and a cream plant. Staff numbers were up from 159 to 190.