Dynamic Duo Debut New Building in Commemorative Queen's Award Party
Brother and sister duo, Mark Lythe and Debbie Harrison, joint Managing Directors of Pricecheck International Brand Trading, this week welcomed the Lord Lieutenant of South Yorkshire and The Lord Mayor of Sheffield to their brand new, state of the art building in celebration of their recent Queen’s Award win.
The prestigious award was received by the second generation, family owned business just last year in the Enterprise category for International Trade. As the UK’s highest accolade for business success, it is custom for winning companies to be presented their award by one of Her Majesty the Queen’s representatives whose planned attendance tied in perfectly with the families business expansion.
The two esteemed dignitaries joined industry friends and the whole Pricecheck team in an invitation only party held at the businesses new location.
“It was a pleasure to celebrate the Queen’s Award presentation with all of the team and our professional advisors who have helped facilitate the move,” comments Mark Lythe who made a personal thank you during the Queen’s Award presentation to Fernie Greaves, DLA Piper, Monaghans, SDE Group, Henderson Hall Rhodes and Lloyds Bank.
“The move has been in the pipeline for just over a year now,” Mark Lythe goes on to explain, “Our Queen’s Award win gave Pricecheck an incredible platform to build upon our export success and contributed greatly towards our 2015 figures seeing company turnover reach £40.5m. Now that we are no longer constrained by the size of our previous building, we expect to see an increase of 20% by the end of our first year in the new building.”
In total, the cost of the company move has reached £1m with considerable funds spent on transforming the Beighton building from a manufacturing site into a distribution centre. A purpose built, narrow aisle racking system was put into place to achieve this along with new fork lift trucks and tailored staff training.
The new premises certainly has ample room for the businesses ambitious future growth plans. With a warehouse that is now able to accommodate 40% more than previously achievable and offices having tripled in size, the scope for expansion is monumental. Lucy Goddard, Pricecheck’s HR Manager, is already working on expanding the current team of 83 employees, “We are delighted to have retained all of our 83 members of staff through the move and are immensely proud of everyone’s efforts, working tirelessly to complete this relocation project in time for the planned opening. We predict staff numbers to further increase to 150 over the next 5 years and have every confidence this expansion will aid our company’s aspirations.”
Joint Managing Director Debbie Harrison adds, “With the additional space we now have the luxury to expand all areas of the business. We intend to widen our product categories, increase stock levels and endeavour to trade in further unexplored prospective territories in addition to the 75 countries we currently export to. Our parents and company founders Doug and Moira Lythe built Mark and I a firm foundation in the discount market sector. We are keen to continue what they started and leave a lasting legacy in the future.”
With the Sheffield based company named Export Business of the Year at the December 2015 Sheffield Business Awards as well as winning a Chamber of Commerce Regional Award for Export in November, the company is well on its way to achieving its future ambitions.