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Enterprise rewarded by Queen's Awards
Two small firms in High Wycombe were among just nine companies based in the Thames Valley who have been rewarded with the Queen’s Awards for Enterprise this year.
Mediplus, which focuses on the research, development, manufacture and marketing of innovative medical devices, has a staff of 26, while W Durston – which manufactures rolling mills used by jewellers to roll down gold and silver for making jewellery –
employs just 10 people. Both awards were for international trade.
A total of 152 businesses were recognised this year for what is considered the UK’s highest accolade for business success. The business and energy minister, Michael Fallon, said: “The Queen’s Awards for Enterprise are one of the most internationally-recognised and sought after awards that a UK business can achieve. They give companies prestige, an edge overseas and a well deserved boost.”
The full list of the region’s winners of the award for international trade is:
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International trade The July/Aug issue of The Business
Magazine focuses on export markets, challenges and pitfalls, and the support that's on hand as you grow your business internationally
Corporate recovery Also in July/Aug:
Business turnarounds, saving jobs and resurrecting distressed companies
And in September Social networks, M&As, sustainability
To participate in these features, contact
David Murray at
david@elcot.co.uk
Mediplus, established in 1986, has a number of products which are patented or awaiting regulatory approval in their target markets. A first time Queen’s Award winner, it has increased its overseas sales by 105% over the past six years.
Success in the USA is driven by the introduction of a patented new product which has resulted in sales growing to £230,000. It has also entered three new European markets in France, Spain and Italy.
W Durston – established in 1964, is a current holder of a Queen’s Award. The company’s export sales rose by 53% during the entry period. Just short of 60% of the company’s overseas business is accounted for by sales to the USA, Germany, Netherlands, Australia and Chile, and it has entered five new markets in the past year – Lithuania, Slovakia, Romania, Cyprus and Egypt.
Exploration Partners International (Cobham) – established in 1988, is a specialist provider of seismic quality control advisory services to the oil industry. A first time Queen’s Award winner, the company has increased its overseas sales by 1,155% over the past six years. Their overseas business has traditionally been largely limited to marine exploration areas of the world, but it has diversified into land seismic operations, shallow water operations and HSE.
Hewson Consulting Engineers (Guildford) – a young company established in 2005, it delivers innovative bridge and civil structural design and construction engineering solutions throughout the world. A first time Queen’s Award winner, the company has increased its overseas sales by 546% over the past six years, building up a network of contractors, consulting contacts and customers in a wide range of international projects. Malaysia and Nigeria now account for 76% of export sales.
McLaren Electronic Systems (Woking) – established in 1989, it designs and manufactures control and data systems. It
www.businessmag.co.uk
is best known for excellence in Formula 1 with sales in Germany, Japan, Switzerland and Spain, but has successfully expanded into NASCAR and the IndyCar Series. The company has also diversified into the aviation sector and the rail sector, gaining overseas sales growth of 63% over three years.
Wood & Douglas (Tadley) – established in 1977, it produces wireless equipment for voice, data and video transmission. Online marketing and attendance at key events has helped to promote its brand and attract business, including new sales to Australia, India, Middle East and Iceland. Exports account for 50% of all sales.
Zinc Ahead (Oxford) – was established in 2001 to provide systems to global life sciences companies that enable improved regulatory compliance. The company has expanded rapidly over the past three years and now has clients in over 160 countries. Export sales have grown by 268% and exports as a percentage of turnover have grown from 34% to 59%.
Two companies won the Queen’s Award for Innovation:
De La Rue International (Basingstoke) – develops and supplies a novel and more secure banknote structure which thwarted the main counterfeiting threat from organised gangs with specialist equipment. With the development of sophisticated, low-cost photocopiers and scanners, a new threat arose from individual counterfeiters, but the company then enhanced its paper- making processes and materials technology to develop new products.
PrisymID (Wokingham) -- developed a labelling system suitable for medical applications. The new, web-based system, which incorporates purpose-built software with security features, links to customers’ manufacturing facilities ensuring that printed information is accurate and secure. Reduced costs associated with labelling errors have led to significant savings.
Enterprise Promotion Award
One man in the region was one of eight singled out for the Enterprise Promotion award. John Vernon, a business adviser with the Oxfordshire Business Enterprises at Banbury, was honoured for his work in supporting new and small businesses and encouraging UK entrepreneurship.
He has been active in mentoring and assisting pre-start and start-up businesses for the past 14 years, working for the past eight as a voluntary adviser with the Oxfordshire enterprise, for which he is also a member of the board of directors.
Vernon can now look forward to a royal reception at Buckingham Palace.
THE BUSINESS MAGAZINE – THAMES VALLEY – JUNE 2013
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