There has been some positive noises in the last few days along the lines that later this week the Office of National Statistics is about to announce UK growth over the last quarter of between 0.4% and 0.8% . This has to be a welcome shaft of light through the gloom of recent months - years even.
However, we have to say that here at The Cylinder Service Centre there has been NO double dip recession. In fact quite the reverse, over the last couple of years we have experienced not just steady, but strong growth . The last quarter (July to September 2012) was another record trading period for us on the back of trading records in both of the previous quarters. This has set us on course to achieve more than 20% growth on last year's business. This is all the more remarkable when you learn that last year we also grew by more than 20%. More remarkable still when the economy has been in recession and the vast bulk of our business is here in the UK.
This growth has inevitably put pressure on our capacity and last month we announced that the extension will be extended to incorporate a new warehousing facility. This month we can announce that the planning application has now been made.
The new warehouse will come complete with a new overhead crane and articulated lorry access. This will enable us to increase our stock holding of chromed bar and honed tubes, making us by far the largest stockholder in the North of England & Scotland.
Being able to hold such a large stock holding will strengthen our buying power and reduce our lead-times still further. Additionally, having all of our stock housed in a separate, dedicated warehouse will release space in the main workshop for even more machining capacity.
It may be too early to say this, but 2013 is already looking like a very promising year.