Monday, December 5, 2016

News: instantprint amongst UK's fastest growing companies

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Rotherham-based online printing company instantprint has cemented its place in the Sunday Times Virgin Fast Track 100, after continuing its impressive growth in 2016.

The firm merged with fast-growing print experts, Bluetree Design & Print Ltd in 2012. It then moved into bigger premises at Manvers where staff numbers have passed the 250 mark.

The 20th annual Sunday Times Virgin Fast Track 100 league table ranks Britain's private companies with the fastest-growing sales over three years. instantprint was ranked 88th (3rd in Yorkshire) after seeing its revenue grow by an average of 54% per year over the past three years. It became the first Rotherham-based company to make the list in 2015.

Founded in 2009 by Adam Carnell and James Kinsella whilst at University, the business now employs a team of more than 260, including the addition of 92 in the past 12 months. Merging with Templeborough-based point-of-sale printing specialist Bluetree, it now offers a range of online print products through the instantprint, Bluetree and Route One Print brands. Customers range from sole traders to multinationals and the company claims it prints 450,000 business cards a day.

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Adam Carnell, co-founder of instantprint (pictured, right), said: "It is terrific that we have been able to retain our place in the Fast Track 100 and are amongst such a prestigious cohort of companies. Our business has continued to grow at a tremendous rate this year; we have added a great group of new faces to the company, built on our revenue, and been able to invest in more production equipment.

"We have worked hard to gain this success since instantprint was founded and being named in the Fast Track 100 for a second straight year is a testament to everyone that works for the business."

Over the past two years the business has invested £16m in the latest generation equipment coupled with a new production facility in Manvers. The move has been supported by a £1.5m grant from the Sheffield City Region LEP's Unlocking Business Investment Regional Growth Fund programme.

James Kinsella, co-founder of instantprint (pictured, left), said: "This is such a fantastic accolade for instantprint to receive, especially for a second consecutive year. Over the past few years the team have worked incredibly hard to keep developing our proposition and moving the business forward in a very competitive market. It's great to see UK manufacturing performing and it's a credit to the team we have here."

instanprint joins companies such as restaurant group Bill's, brewer BrewDog, appliance manufacturer Gtech, fashion retailer Missguided, and number one ranked company Gymshark, an online activewear retailer.

To qualify, firms had to have annualised sales exceeding £250,000 in the base year and not show a drop from the penultimate to the latest year, where total sales had to exceed £5m. Firms had to have ten or more employees, and make operating profit of at least £500,000.

instantprint posted a 54% growth in annualised sales over the last three years, up to £19.9m at the end of April 2016.

instantprint website

Images: instantprint


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