A soft toy designer has seen revenues grow to nearly £15m as it continues to supply blue chip companies in the UK.
Keel Toys, based in Ashford Business Park, Sevington, saw its pre-tax profits rise to £2m, up from £1.3m the year before.
The third-generation family business, founded in 1947, saw its turnover grow to £14.7m, up from £12.9m the year before, according to accounts filed to Companies House for the year ending March 31, 2014.
Keel Toys has seen revenues rise to nearly £15m
Managing director Richard Keel, one of four brothers who run the business, said the toy firm’s growth was down to investing in IT, customer services and social media during the recession, as well as new product lines.
The company made a profit of £1.6m after tax, up from just over £1m in 2013.
The firm is run by Keel brothers Richard, David, John and James, who serve as managing director, financial director, sales director and marketing director respectively.
Keel Toys, based in Ashford Business Park, Sevington, saw its pre-tax profits rise to £2m, up from £1.3m the year before.
The third-generation family business, founded in 1947, saw its turnover grow to £14.7m, up from £12.9m the year before, according to accounts filed to Companies House for the year ending March 31, 2014.
Keel Toys has seen revenues rise to nearly £15m
Managing director Richard Keel, one of four brothers who run the business, said the toy firm’s growth was down to investing in IT, customer services and social media during the recession, as well as new product lines.
The company made a profit of £1.6m after tax, up from just over £1m in 2013.
The firm is run by Keel brothers Richard, David, John and James, who serve as managing director, financial director, sales director and marketing director respectively.