A Leamington manufacturer is thinking outside the box to drive future growth.
The Box Factory manufactures a diverse range of corrugated packaging products for a growing list of customers across the UK including those in the food, medical, automotive and construction industries.
Established in 1992, the company designs, manufactures and delivers every type of box imaginable from conventional brown boxes to display packaging, retail-ready components and tailor-made products.
It has achieved significant growth in the industry and now operates from four sites located at the Sydenham Industrial Estate in Leamington, with annual sales of around £9 million.
Having recently completed a major investment programme to open an additional factory building and bring in new machinery, The Box Factory has been able to significantly increase its capacity for new orders.
The firm is now looking to identify new opportunities for growth and has appointed neighbouring accountants and business advisers Harrison Beale & Owen (HB&O) to help take the business forward.
Neil Price, managing director at The Box Factory, said: “It is quite a large operation. We have a total of seven factory buildings, employ 63 staff and have around 450 live accountswith orders coming in from a huge range of industries. It is amazing how many different design and style standards there are not to mention material grades and different types of print. It can be quite a complex process but our in-house design team ensures complete continuity from the initial sampling stage through to full-scale production.
“In the last few years we have grown nicely with our sales increasing by around half a million pounds last year. We also completed an investment programme which has allowed us to operate more efficiently and generate more sales. We are now looking for more opportunities to be creative and felt it was the right time to appoint a larger accountancy firm which is able to offer additional services.
“It is ironic that HB&O is located on the same industrial estate and has a fantastic track record of helping larger companies to fulfil their growth potential as a number of people had already referred us to them. We are really looking forward to utilising its services and getting an outside perspective on our business operations.”
Sarah Wilson, director at HB&O, said: “The Box Factory had already invested heavily to expand its operations and was eager to explore new avenues that could benefit the business. It is one of the largest independently owned manufacturers of corrugated packaging and there are a number of strands to the business including design, research and development and the manufacturing and delivery of products. We have already started to understand how the business operates having completed an audit and system review for the company. The focus will now be on identifying additional areas in which we can assist them.”