YORK developer S Harrison has recorded positive results for 2012.

The business, which was behind the development of City of York Council’s West Offices, recorded a turnover of £7.22 million in 2012, up on £2.67 million in 2011.

The company recorded a pre-tax profit of £1.6 million, which the company said was in line with expectations.

It was down from £3.5 million in 2011, which was boosted by the sale of a 50 per cent share it held in a retail scheme in Lichfield.

The 2012 results included the completion of West Offices, the 119-bedroom Hampton by Hilton hotel and a residential scheme in Lichfield.

It also sold its own former headquarters in Malton back to Ryedale Council, which it will develop into a mixed-use regeneration scheme, and derived income from Escrick Business Park.

The company is currently working on student accommodation, including a 350-flat student development at The Press offices in Walmgate, and the refurbishment of a building fronting on to Walmgate and Hurst’s Yard which newspaper staff will relocate into.

Martyn Harrison, chairman of the group, said: “Our philosophy, which has delivered sustained growth for a decade, remains unchanged.

“We seek the right development opportunities with like-minded partners to deliver profitable schemes which generate worthwhile returns and genuinely enhance the communities in which they are located.”

He said the business was expanding its network of partners and winning work across the Midlands, north of England and Scotland, and had performed well, despite having seen no significant upturn in the UK economy.

“2013 and beyond will present many challenges, but with challenges come opportunities.

“Our sound financial position, excellent connections and award-winning team, position us ideally to seize and develop them.”

• YORK technology company Saville Audio Visual has recorded sales of £34 million.

The results are 12.5 per cent – almost £4 million – up on last year, and pre-tax profits were more than £500,000.

Ed Everard, sales and marketing director, said: “After the last couple of years, it’s encouraging to once again be reporting increased turnover and profitability across our systems integration, videoconferencing and contract service operations.”

A management buyout in the mid-1990s heralded 15 years of strong growth. Its staffing levels peaked with more than 300 people three years ago, but it was forced to consolidate during the recession and now it employs just over 250 staff.

The company has invested in innovation and new technology and marketing, enabling it to win contracts in London and the south east.

Mr Everard added: “Last year also saw an improved performance by our rental and staging operations, with growth in demand for our digital event services and international event support.”