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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Bath workplace design company Interaction reports record profits

Workplace design company Interaction has reported “its most profitable year” following a number of major project wins.

The Bath-based business said it had seen sales grow to £33.5m and net profit increase to £2.35m during its latest financial year.

The firm said its growth had been driven by a number of multi-site projects across the UK it had secured with landlords and co-working space providers such as Royal London, Great Portland Estates and Runway East.

Read more: Bristol's Great Western Court sold as part of £13.5m deal

It comes after Interaction completed a multi-million-pound contract to fit-out Osborne Clarke’s interior workspaces at the law firm’s new flagship Bristol office in the Halo building.

Bosses said the company had outgrown its existing premises at The Vaults on Bartlett Street, having increased its headcount to 55. The firm is planning to move to a new base nearby in Edgar Mews in the autumn.

Managing director Dieter Wood said: “We have enjoyed steady growth during the last year as a result of a number of high-profile projects, both here in the South West and nationally.

“Our growing work with co-working operators has been driven by the pandemic as people adapt to new flexible working practices. We now have a really experienced and skilled management team in place to guide the business as we continue to work on complex, multi-site projects nationwide. This means we are in a robust position as we enter our new financial year, with a strong foundation for continued future growth.”

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