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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.
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