Wetherby cable management business sees international growth
Cable Trail, the Wetherby-based cable management and identification specialist, has announced that it is recruiting after a sustained period of both national and overseas expansion.
The company, which designs and produces cable management and identification solutions for a wide range of sectors, is a fast growing manufacturer of asset management identification tags. Its customers include BAE Systems, the national chain YESSS Electrical and Allianz Insurance.
Cable Trail reported annual turnover of £400,000 for the year ending August 2018, a £100,000uplift in sales since the previous year.
Over the last two years, sales in the company’s key markets of lifting and inspection, oil and gas, health and safety, airports, construction and utilities, have increased by 40 to 50%. Cable Trail recently secured a distribution contract with a Swedish company as well as trialling products with an organisation in Dubai and eastern Europe.
The business, which also exports extensively into Africa and the Persian Gulf region, saw a 46% rise in export sales to these areas in the past 12 months.
Managing Director Nigel Myers said that research and development was always in progress at Cable Trail with a number of patented products launched every 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.”