*NEWS*UK’S ….INKJET-SETTERS !

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*NEWS*UK’S ….INKJET-SETTERS !

 user 2005-12-21 at 9:22:00 am Views: 74
  • #13453

    Inkjet-setters on Times list
    A CHORLEY company is going from strength-to-strength after being recognised as one of the fastest growing companies in the UK.
    Inkjet
    Direct (Europe) Ltd, which is based at the Matrix Park Industrial
    Estate at Buckshaw Village, has won a place in the ninth annual Sunday
    Times Virgin Atlantic Fast Track 100, which lists Britain’s 100 private
    companies with the fastest growing sales over a three year period.
    Inkjet
    Direct (Europe) Ltd sells consumables for printers, including inkjet
    and laser cartridges, paper, compact discs and dvds to end users,
    business, schools and some trade.
    It was ranked 29th on the list, with an annual sales growth of 101.81 per cent and sales in 2004 of £7.862 m.
    Chief
    executive, Dennis Haines, said: “My wife, Maureen, and my nephew, Glyn
    Williams, were the key people to get this whole thing started.”
    He added: “It’s a very big thing. Locally we have become a reasonable size employer. We have 85 staff, around 50 full-time.
    “We
    hope a lot of publicity through this will bring us more business and
    result in more local employment. We are expanding very rapidly.”
    The
    list was compiled by the Oxford-based research and events company Fast
    Track, which carried out research between August 1 and November 1, 2005.
    All companies were interviewed by telephone and 85, including Inkjet Direct, were visited by the research team.
    They were then ranked according to their annual growth in sales between 2001 and 2004.
    All
    of the companies had to be in profit and forecast an increase in sales
    from 2004 to 2005 as well as employ more than 10 staff in 2004. They
    also had to be UK registered, unquoted and ultimate holding companies,
    not subsidiaries.
    Mr Haines said: “The company was started back in
    1999 by my wife, daughter and nephew. I have got three daughters and
    the oldest one was a medical student at Manchester University so it was
    a way of making a bit of pin money for her.
    “I was living out in the
    Far East at the time so they ran the company for about 18 months and it
    was becoming quite successful so I moved back to the UK to try to help
    move it along a bit. In the early days we primarily sold at computer
    fairs so it was face to face sales.”
    His three daughters were all involved at some stage.
    The table excludes technology companies which are featured in a separate Tech Track 100 league table.