Expanding companies could seriously benefit from Tensor’s comprehensive workforce management solutions
Denby Pottery, which has been in business since the early 19th century, is keen on extending its overseas presence and has secured a £7m finance facility with Lloyds TSB Commercial Finance in order to help it achieve this goal, a news report reveals.
The pottery company makes stoneware items which are sold in major UK retail stores such as Debenhams, John Lewis and House of Fraser, as well as through its own website. Over the past year, it has boosted its overseas turnover by 300 per cent recently and is now eyeing new markets in Russia and India.
Denby employs 785 staff and over the past three years its annual turnover has grown from £30m to £45m.
Robert Barton, financial director at Denby, said: “Like many sectors, the pottery industry was impacted by the recession, and as a business we quickly identified that enhancing our product line and trading with wider overseas markets was key to developing The Denby Pottery Company. The three acquisitions completed in recent years have successfully opened the door to a new mix of customers, with international demand for traditional English pottery helping us to generate significant sales growth.”
Any company’s that’s seriously considering a large-scale expansion should try their best in order to ensure that the basis they’re building on is solid enough, and this is precisely where Tensor could help, given our extensive experience in the field of workforce management.
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