A Stockton firm which designs and supplies flat roofing is on target to increase turnover by 26 per cent to more than £9m.

TaperedPlus has enjoyed a successful 2021/22 partly due to an increased demand for insulation due to spiralling energy costs.

As well improving the thermal performance of flat roofing there is also a move to upgrade older structures to non-combustible materials in anticipation of expected legislation changes, pressure from the insurance industry and building owners wanting to future proof their assets.

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TaperedPlus has succeeded in growing turnover every year, except for 2020 due to the pandemic, since it was established in 2014 by Aman Chahal and Rob Vass. In the previous 2020/21 financial year, it achieved a turnover of £7.2m.

It recently appointed Stuart Mitton to the newly created role of financial director as part of its long-term strategy to grow the company in the coming year.

Aman Chahal, chief executive officer, said: “We are on track to achieve a turnover in excess of £9m, a tremendous achievement considering this represents a 26 percent increase compared with the previous financial year.”

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The recent publication of the Building (Amendment) Regulations 2022 impacts several areas surrounding flat roofing. These include expanding the act to include hotels, hostels and boarding houses, and including a new height category of 11m to 18m for residential buildings to bring them into line with fire performance requirements.

Aman added: “The Grenfell Tower disaster has provided added urgency for the industry and regulators to improve fire compliance standards going forward, which includes retrofitting legacy roofing structures.

“In addition, in response to the current energy crisis and the race meet Net Zero targets, there is renewed interest in using insulation systems that improve thermal performance, thereby reducing heating costs as well as carbon emissions.”