'We're a Hull firm and we are giving back by employing Hull people'
THE managing director of one of the region's most successful companies has promised more investment in the local economy after its profits doubled.
The Sewell Group, which operates petrol stations and convenience stores as well as a construction division, is looking to add 12 more sites to its portfolio after making a £1 million investment in its A63 Ferriby roadside service station.
The Sewell Group, which employs 360 people, saw its turnover rise by 56 per cent to £102.9 million last year.
Managing director Paul Sewell told the Mail: "We are a Hull-based company and we're benefiting the local community by giving back to it and employing Hull and Humber people."
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The Sewell Group has appeared in the Sunday Times Best Companies to Work for Top 100 three times, rising from number 45 in 2009 to number seven last year. According to the group's annual report, pre-tax profits for Sewell almost doubled to £4.14 million last year, from £2.17 million in 2010.
Last year, the company signed off three of its Building Schools for the Future projects at Malet Lambert, Thomas Ferens Academy and Endike Primary School.
The company will bring another three schools – Newland School For Girls, Frederick Holmes Special School and the new primary school at Kingswood – to financial close this year.
The multi-million pound group has also reached financial close on one of its Local Improvement Finance Trust projects to develop healthcare facilities with the completion of the Wilberforce Health Centre.
It will continue to work on the new health centre in Bransholme and the third project in Hessle Road this year.
The group's £47 million construction business saw the most significant growth against the previous year and high levels of turnover last year.
The second pillar to the Sewell Group, Sewell Retail, has also shown strong signs of growth.
Mr Sewell said: "Retail has gone through very difficult trading conditions with the price of fuel but we are investing in it."
The 135-year-old group has also invested £500,000 in the Sewell Skills Academy, which launched last year, and has seen 580 young people come through the doors – giving young people an insight into the construction industry and the chance to get hands-on experience.
Mr Sewell said: "I am very proud that we have a Hull and Humber-based company operating at this level and we reinvest back into the local communities."