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The business
Name: Mark Fiddy -
Poultex
Location: Norwich
Sector: Food and Drink
Turnover: £8.5m
Staff: 10
Website:
www.poultex.com
Poultex
Location: Norwich
Sector: Food and Drink
Turnover: £8.5m
Staff: 10
Website:
www.poultex.com
Mark Fiddy - Poultex
International meat and poultry trading company Poultex has weathered its toughest ever trading year to increase turnover and expand its staff.
The firm which has developed an unique online trading system enables buyers and sellers of poultry and meat from across the globe able to log on to its website 24 hours a day, seven days a week, has taken on staff from five different countries as part of an expansion of its sales team.
Managing director Mark Fiddy said 2009 had proved to be the hardest year the company had traded through, but Poultex had more than weathered the storm.
“By recruiting and retaining quality people during 2009, Poultex increased turnover to new levels and once again put down solid foundations for exciting growth that has exceeded our expectations during 2010,” Mr Fiddy said. “In fact, 2009 was our eighth year in business and was the eighth consecutive year that we increased turnover and market penetration.
“The really exciting news is the growth we have seen during 2010. This year will be the first £10m turnover year. This will show an incredible increase of 66pc growth between the end of 2008 and year end 2010. Despite the economic downturn, Poultex is generating new income streams, increasing market penetration and having fun building an international business from the middle of Norwich,” he said. “This year has already been our most interesting year since our incorporation. We are now revising our long term business plan in order to continue this level of growth.”
International meat and poultry trading company Poultex has weathered its toughest ever trading year to increase turnover and expand its staff.
The firm which has developed an unique online trading system enables buyers and sellers of poultry and meat from across the globe able to log on to its website 24 hours a day, seven days a week, has taken on staff from five different countries as part of an expansion of its sales team.
Managing director Mark Fiddy said 2009 had proved to be the hardest year the company had traded through, but Poultex had more than weathered the storm.
“By recruiting and retaining quality people during 2009, Poultex increased turnover to new levels and once again put down solid foundations for exciting growth that has exceeded our expectations during 2010,” Mr Fiddy said. “In fact, 2009 was our eighth year in business and was the eighth consecutive year that we increased turnover and market penetration.
“The really exciting news is the growth we have seen during 2010. This year will be the first £10m turnover year. This will show an incredible increase of 66pc growth between the end of 2008 and year end 2010. Despite the economic downturn, Poultex is generating new income streams, increasing market penetration and having fun building an international business from the middle of Norwich,” he said. “This year has already been our most interesting year since our incorporation. We are now revising our long term business plan in order to continue this level of growth.”