• 1
  • 2
  • 3
  • 4

Business Engagement In County Durham

Your trusted guide.
William Cook praises Stanhope defence arm

William Cook praises Stanhope defence arm

The owners of major North East defence manufacturer William Cook have hailed the County Durham firm’ s performance despite the group as a whole falling into the red.

A sterling performance in 2013 in which William Cook Holdings made profits of £10m on £80m turnover could not prepare the group for the industry’s collapse a year later.

 

In accounts filed for for the year ending July 2017, company chairman Sir Andrew Cook said the business has continued to feel the effects of what he describes as the greatest “market collapse” he had ever experienced, but that the firm is now bouncing back.

William Cook Holdings Limited made an operating loss of £3.7m for the year ending July 2017, down from last year’s operating profit of £3.4m, after its turnover fell by £10m to £41.1m, but Sir Andrew praised the work carried out by the group’s County Durham defence business.

Sir Andrew said that despite the market collapse, the group’s two North East arms - Cook Defence Systems and William Cook Stanhope - had largely remained profitable over the years.

Specifications

Contact Business Durham

Contact us today to find out how we can help you.

Telephone

03000 261261

Address

Millennium Place
Durham
DH1 1WA

Email

enquiries@businessdurham.co.uk

Did You Know

  • The majority of DCC’s spend on one-off purchases below £5k is with SMEs, and almost half of this (around £2m) goes to local SMEs based in County Durham
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12

Business Engagement News

Roman to showcase products at major UK design festival

Aycliffe-based international leading shower designer and manufacturer Roman is due to showcase its products Show Details
  • 1

Engagement Case Studies

Verd Office Solutions Ltd

Verd Office Solutions Ltd moved into Crook Business Centre in December 2015, seeking new premises prompted by a rapid growth in sales. Show Details
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

Useful Events

Durham 2sday

A relaxed and informal breakfast networking event in the heart of the city of Show Details
  • 1
  • 2
  • 3
  • 4
  • 1

Commercial Property In County Durham

See map below for Business Durham’s commercial properties.