Demerger
It is pleasing to report for the first time in the companies history we passed the £10m sales barrier for the first time year ending March 08.
Forecasts for the current financial year of £11.5m demonstrate the success of the companies strategy to grow and develop the business in a controlled manner through the formation of 2 divisions focusing on the Commercial and Aerospace industries.
Given the continued success it has been decided to take this strategy a step further with the creation of 2 and possibly 3 separate trading companies which would be independent legal entities in their own right.
Whilst each company would be independent of one another, common ownership and committment to its core values would remain unaltered.
To all intent and purpose, it is not expected that anyone, employees, customers or suppliers should see any changes to how things are now with the exception that the companies will trade in their own right.
The sustained growth period and subsequent demerger is an exciting time for all and brings along many opportunities for everyone involved.