Posted 25th September

Online kitchen firm on course to surpass £30m turnover

By KBBDaily on 25th September 2017 - 15:25pm

Gloucestershire-based online kitchen furniture business Direct Online Service is expected to surpass £30m in turnover this year following its “ambitious” expansion programme across the UK and Europe, having reached £22m in turnover last year.

The company said it is on course to hit a revenue growth rate of 67% over two years, with a rate of 37% in the last year. In October 2016, the e-commerce business secured a £3m investment from the Business Growth Fund.

According to the company, it is focusing its expansion across continental Europe where “there is a less-developed online market”, having opened a new showroom in Viernheim, Germany recently. The company is also opening two new UK sites later this year, including one in Glasgow.

“We are extremely proud of the growth we have achieved over the past few years but we won’t be taking our foot off the pedal now,” said Direct Online Services director Will Rees, who founded the company with his father Martyn in 2008.

“We will be expanding our model across Europe where there is a growing appetite for premium kitchen furniture and strong demand for excellent customer service. Our IT-led approach and relentless customer focus will allow us to scale-up efficiently while maintaining our commitment to flawless and speedy delivery.”

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