Growth and investment – predicting a successful 2024

25 March, 2024
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TimberTight is predicting a period of sustained growth and expansion during 2024, as timber frame housebuilding continues to increase its share of the UK market.

The prediction, based on both national and local trends, shows that sales are set to continue to rise, following growing demand for both residential and commercial timber frame buildings.

Based in Cleckheaton, the family-run business recorded 38 percent growth during the 12 months from October 2022 to 2023 – an increase from £3.75m to £5.2m. 

TimberTight’s senior management team, headed by husband-and-wife team Paul and Tamsyn Williamson, is now aiming for a further 27.5 percent growth this year, and 16.5 percent in 2025 – taking their turnover to £7.5m.

To accommodate this and allow the company to double its production capacity, TimberTight is investing in an additional 7,500 square feet of production space and a further 7,500 square feet of yard space.  The company will also provide enhanced office space, to include a meeting room for clients.

Managing Director Paul Williamson said: “These are exciting times for the TimberTight team.

“After recording this sustained growth, we are in a strong position and expect to consolidate and build on our success during 2024.

“There is more than enough work available to us, if we are proactive, despite increased competition.

“Our key objectives are to retain laser focus on our Unique Selling Points, which are based on great customer service and product quality.  It’s those that keep our customers coming back.”

Paul added that timber frame offers “cost certainties” and these, combined with enhanced and competitive time scales, are other important selling points – plus timber’s unique position as an ethical choice. 

To maximise the potential for growth, Timbertight is also increasing investing in both staff and equipment, and purchased and installed a new CT 600 saw last year. 

Looking ahead, there are plans to purchase another wall saw and, potentially, another CT 600, plus a machine to manufacture metal-web joists for the floors department. 

The company also intends to expand its workforce from 30 to 40.