Innovation drives growth at cable management business
Wetherby-based cable management and identification specialist Cable Trail is recruiting following a sustained period of national and international expansion.
The company designs and produces cable management and identification solutions for a range of sectors and is a fast growing manufacturer of asset management identification tags. Customers include the national chain YESSS Electrical, BAE Systems and Allianz Insurance.
The firm recorded an annual turnover of £400,000 for the year ending August 2018, with sales up by £100,000 on the previous year.
Sales have increased by 40-50% over the last two years in Cable Trail’s key markets of lifting and inspection, construction, oil and gas, health and safety, airports and utilities. The business recently won a distribution contract with a Swedish company in addition to trialling products with an organisation in Dubai and eastern Europe.
It also exports extensively into Africa and the Persian Gulf region, recording a 46% increase in export sales to these locations in the past 12 months.
Cable Trail recently recruited an office manager, Jenny Parker, and has invested in a new management system to give real time information. It is now looking to boost its production team as the volume of work and number of products on offer increases.
The company has relocated to a modern industrial unit to allow room for expansion, illustrated by a recent increase in laser marking capabilities.
Managing Director Nigel Myers said research and development was continuously in progress at the company, which has a number of patented products being launched each year.
He added: “Innovation is at the heart of what we do and we are constantly looking at the R&D of new products.
“We are delighted to be recruiting following sales increases across a number of key markets and we are targeting further growth of around 40% over the next two to three years.”