The Sandbach-headquartered business was boosted by an upturn in the construction sector and expansion into new geographical markets.

According to its latest set of accounts, Flowcrete UK recorded pre-tax profits of £1.1m for the period ending 31 March 2014, up from £108,872 a year earlier. Turnover climbed by 13 per cent to £19.8m over the same period.

The company continues to generate most of its business from domestic customers, although its export operations are expanding rapidly. UK turnover increased by 15 per cent to £13.8m in 2013/14, while EU turnover nudged up by 4 per cent to £5.1m and rest-of-world turnover jumped by 75 per cent to £942,465.

During the year, Flowcrete also added 12 new members of staff bringing the total headcount to 61.

In their report accompanying the accounts, the directors said: "The improvement in the financial year was primarily driven by an upturn in the construction industry in which the business operates, expansion into new geographical markets in Europe and the Middle East plus a reinvestment in the average number of employees in the year to drive turnover."

Flowcrete was founded in 1982 when a representative of confectionary giant Mars challenged British inventor Peter Gibbins to create a special type of flooring that would stop sugar damaging the production plant floor.

In 2008, the business was taken over by Ohio-based RPM International, whose subsidiaries make a range of coatings, sealants and speciality chemicals. In 2009, meanwhile, it won a Queen's Award for Enterprise in recognition of its success in exporting British flooring technology overseas.