Pimlico Plumbers notched up a record year during the pandemic as the lockdown put extra strain on homes.
The London plumbing and heating company, which counts actor Daniel Craig among its clients, is on track for revenues of £48million in the year to the end of May.
Profits are forecast to hit £8 million and founder Charlie Mullins told The Mail on Sunday that he intends to take a dividend of ‘£4million to £5million’.
Driving force: Charlie Mullins said his business had benefited because people use their plumbing more while at home
The tycoon said his business had benefited because people use their plumbing more while at home. In addition, many customers had diverted their holiday money into making home improvements.
Mullins caused a stir earlier this year when he announced he was requiring all his employees to be vaccinated against Covid.
Some anti-vaxxers labelled him ‘a dictator’ over his ‘no jab, no job’ policy.
The businessman, who is chairman of his company, credited his Covid-safe stance for much of the surge in business. ‘We’ve been very safe,’ he said. ‘Customers have been aware of that and it has paid off.’
As employees begin to return to workplaces, Mullins forecast an improvement in the commercial side of his business which had ‘taken a hit’ during the pandemic.
Mullins was speaking from his home in Spain after flying in from Dubai where he is assessing whether to launch a new venture.
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