The team at Millboard have received some great news – we’ve been named in the Top 50 Growth Businesses in Coventry and Warwickshire 2019! The report, independently commissioned by BDO Global, outlines that the county is bucking the trend against Brexit impacts. Business is booming and Millboard is a major contributor to the region’s achievements.
Millboard came in at number 23 (appearing under the name of ‘The Elmdene Group’ – our parent company) on the overall list, having shown an impressive 22.8% turnover growth and a 43% employee growth rate. We were firmly within the top ten in the manufacturing category, sharing the prestigious list with a diverse group of businesses from luxury car company Aston Martin to metering giant George Wilson Ltd.
This news confirms what we already know in-house, that Millboard is thriving. Over the past three years, we’ve nearly doubled the size of our team and our premises. We’ve also re-invested substantial amounts into our product development to ensure that we continue to bring the most innovative and inspiring products to the market. We are fully committed to British manufacturing and to the artisan methods that we employ, and our appearance on the list confirms that these two factors are completely compatible with growth.
The 50 companies that make up the list have created more than 3,600 jobs between them over the past year and have collectively generated a turnover that exceeds £1.2 billion. This is not only excellent news for us, but also for the area that we are based in.
We’ll be celebrating with a glass of champagne or two!