Company claims to be the most profitable in its sector

Online retailer Victorian Plumbing, which is claimed to be run by the UK’s first ebay millionaire Mark Radcliffe, has announced net profits of over £5million in its 18 month results.

The company, which was established 15 years’ ago in Mark Radcliffe’s shed in Southport has reported profit margins rising to 40.2% against the previous year and reports it as the most profitable in its sector.

These results are attributed to its pay-per-click advertising, business intelligence and search engine marketing, as well as TV advertising on Channel 4.

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Victorian Plumbing has reported its TV adverting led to a 38% increase in unique visitors to its website over the past 12 months.

According to the company, it is the highest ranking, online specialist bathroom retailer and appears in the top 1000 UK websites.

In the last six months, which ended in March 2007, turnover and growth exceeded the previous year’s 12 month results with turnover growing by 15% and net profit 12%.

This financial report follows the inclusion of the company on the London Stock Exchange Group’s ‘1000 companies to Inspire Britain’, which celebrates the fastest-growing SMEs in the UK.

Victorian Plumbing was also listed at number 16 on the Sunday Times Virgin Fast Track 100 last year.

Managing director of Victorian Plumbing Mark Radcliffe commented: “Our results speak for themselves and I’m proud to say we are now the most profitable business in our sector, with a turnover in excess of £100million

“It’s difficult to grow a business in this uncertain climate, especially with no external financial backing and only the best will survive but you have to see all the challenges as opportunities.

He added: “I believe in good marketing, taking risks and making educated guesses. It’s all about surrounding yourself with the right people and working together to hit the next milestone. My ambition for this business is to continue to exceed expectations and become a household brand name, recognised globally.”Victorian Plumbing hits £5million profit

Online retailer Victorian Plumbing, which is claimed to be run by the UK’s first ebay millionaire Mark Radcliffe, has announced net profits of over £5million in its 18 month results.

The company, which was established 15 years’ ago in Mark Radcliffe’s shed in Stockport has reported profit margins rising to 40.2% against the previous year and reports it as the most profitable in its sector.

These results are attributed to its pay-per-click advertising, business intelligence and search engine marketing, as well as TV advertising on Channel 4.

Victorian Plumbing has reported its TV adverting led to a 38% increase in unique visitors to its website over the past 12 months.

In the last six months, which ended in March 2007, turnover and growth exceeded the previous year’s 12 month results with turnover growing by 15% and net profit 12%.

This financial report follows the inclusion of the company on the London Stock Exchange Group’s ‘1000 companies to Inspire Britain’, which celebrates the fastest-growing SMEs in the UK.

Victorian Plumbing was also listed at number 16 on the Sunday Times Virgin Fast Track 100 last year.

Managing director of Victorian Plumbing Mark Radcliffe commented: “Our results speak for themselves and I’m proud to say we are now the most profitable business in our sector, with a turnover in excess of £100million

“It’s difficult to grow a business in this uncertain climate, especially with no external financial backing and only the best will survive but you have to see all the challenges as opportunities.

He added: “I believe in good marketing, taking risks and making educated guesses. It’s all about surrounding yourself with the right people and working together to hit the next milestone. My ambition for this business is to continue to exceed expectations and become a household brand name, recognised globally.”