Derek Goodman at East Coast Fittings

Case Study: East Coast Fittings

Friendly financial sounding board helps guide expansion

East Coast Fittings began trading in 1980 as a one man band operation working from managing director Derek Goodman’s home in Leicester.

The company supplied industrial fasteners – including nuts, bolts, screws and nails – and turned over less than £5,000 a month.

It has now evolved into a one of the UK’s largest trade-only suppliers of furniture fittings, as well as a manufacturer of complete furniture for the kitchen, bedroom and bathroom sectors.

The original name of East Coast Fasteners was changed to East Coast Fittings in 1997 to reflect the company’s development.

It is now in its fourth set of premises –  a 120,000 sq ft headquarters at Rearsby Leicester employing 130 staff and with a turnover of £20m a year.

The business has grown its product range and now covers the whole of UK and Ireland through a nationwide salesforce.

Stephenson Smart have been an “ever present” said Mr Goodman, with senior partners Clive Dodds and Nigel Ward “always available, not only as professional sounding boards but as friends.”

“The firm not only provides standard accounting procedures but assists with excellent service on payroll and more recently pension enrolment and administration.”

Mr Goodman added: “Stephenson Smart has provided a solid, trouble-free accounting function for the business and allowed myself and fellow directors to get on with what we have proved to be good at.”

Friendly financial sounding board helps guide expansion

East Coast Fittings began trading in 1980 as a one man band operation working from managing director Derek Goodman’s home in Leicester.

The company supplied industrial fasteners – including nuts, bolts, screws and nails – and turned over less than £5,000 a month.

It has now evolved into a one of the UK’s largest trade-only suppliers of furniture fittings, as well as a manufacturer of complete furniture for the kitchen, bedroom and bathroom sectors.

The original name of East Coast Fasteners was changed to East Coast Fittings in 1997 to reflect the company’s development.

It is now in its fourth set of premises –  a 120,000 sq ft headquarters at Rearsby Leicester employing 130 staff and with a turnover of £20m a year.

The business has grown its product range and now covers the whole of UK and Ireland through a nationwide salesforce.

Stephenson Smart have been an “ever present” said Mr Goodman, with senior partners Clive Dodds and Nigel Ward “always available, not only as professional sounding boards but as friends.”

“The firm not only provides standard accounting procedures but assists with excellent service on payroll and more recently pension enrolment and administration.”

Mr Goodman added: “Stephenson Smart has provided a solid, trouble-free accounting function for the business and allowed myself and fellow directors to get on with what we have proved to be good at.”

Derek Goodman, East Coast Fittings

Our Offices

King's Lynn

22-26 King Street, King’s Lynn,
Norfolk, PE30 1HJ

T:   01553 774104

F:   01553 692602

E:   enquiries@stephenson-smart.com

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10 Oak Street, Fakenham,
Norfolk, NR21 9DY

T:   01328 863318

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Cambridgeshire, PE13 1EH

T:   01945 463383

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Great Yarmouth

East Coast House, Galahad Road, Beacon Park,
Gorleston, Great Yarmouth, Norfolk, NR31 7RU

T:   01493 382500

F:   01493 651172

E:   greatyarmouth@stephenson-smart.com

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Downham Market, Norfolk, PE38 9DG

T:   01366 384121

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Cambridgeshire, PE15 8AN

T:   01354 653026

F:   01354 650337

E:   march@stephenson-smart.com

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