Healthy order book for fast growing business supplies firm
CTS UK, a business supplies company, has reported a “very encouraging” first quarter of 2023.
The firm was founded four years ago but has grown rapidly and now has a projected turnover of £50m by 2027.
The Northallerton-headquartered company provides personalised workwear, merchandising, promotional products, cleaning and hygiene products, personal protective equipment and office stationery.
Howard Gill, managing director, said: “There’s no doubt that these are challenging economic times, with an ongoing cost-of-living crisis which impacts on businesses across the UK. We are no exception.
“Having said that, we are very encouraged by the progress we have made so far this year, with strong trading figures across all sectors of our business, which are supported by a healthy order book, margin improvements across the board and exciting new customers, including Sainsburys and Bunzl.
“In addition, we have secured market leading suppliers from our burgeoning hygiene business, including a new partnership with Cleenol, as this division goes from strength-to-strength.
“At the same time, we are now being included in large tenders for major UK companies and we are establishing a formidable reputation for being a one-stop business supplies company with the ability to meet all the needs of our customers from quality workwear to high-class hygiene products.”
CTS’s senior team has been strengthened by two key appointments, James Smith who is the new production manager and Imran Amjad, who joins as a senior account manager, with special responsibility for the cleaning and hygiene sector.
CTS UK’s premises were officially opened by the then Chancellor and now Prime Minister Rishi Sunak, who said: “It is good to see companies like CTS adapt and explore new markets and products. Judging by what I have seen, this has been a great success.
“Showing tremendous Yorkshire resilience and imagination, CTS are an excellent example of a company which is determined to make a difference.
“The hard work and vision of companies such as CTS are the backbone of the UK economy. They innovate, they invest and they provide sustainable employment in the Northallerton and Bedale area.”