A Teesside firm has narrowed its losses after diversifying into new areas.
Wilton Engineering - which hosted a famous visit from Prime Minister Boris Johnson during the 2019 General Election campaign - has issued accounts for the year ending June 2021 which show turnover increasing £6.1m to £10.8m. During the same period its losses came down from just over £1m a year earlier to £849,000.
The Middlesbrough firm, which last year added a 58-acre plot of land at Haverton Hill to its existing site, said its efforts to move into new markets and minimise its expose to the oil and gas sector had been successful, though the Covid pandemic had made it harder for new orders to come to fruition.
