The financial security of suppliers and installers remains one of the key criteria for main contractors and social housing providers when awarding large scale window and door projects. They simply can’t afford to be let down half way through a project by a company which doesn’t have adequate resources or financial backing to manage the job.
For this reason, commercial installer The Window Company (Contracts) says it has achieved the highest possible rating of ‘strong’ in the latest Plimsoll analysis of the doors and windows industry.
The Chelmsford based company, which was named Installer of the Year at both the 2014 and 2015 national glass and glazing awards (G-Awards), has also been named as a Best Trading Partner, giving existing and potential clients complete reassurance about its financial performance and stability.
Chairman, David Thornton, said: “The Plimsoll Analysis looked at 1,288 of the UK’s biggest window and door companies and awarded them one of five gradings from ‘danger’ to ‘strong’. We have always had an open book policy with our customers anyway, so that they can see exactly how strong our financial position is before they start working with us, but it’s great to have this independent endorsement as well.
“Whilst we are obviously delighted with our own performance, it should perhaps be a concern for the whole industry, and particularly for those working on large scale projects, that more than 200 companies – equivalent to 15% of the total – were graded ‘danger’.”