Welsh electronics firm looks forward to continued growth
Kontroltek, an electronic repairs company headquartered in Bridgend, is celebrating record turnover as it’s about to mount a new expansion campaign.
Founded by Andrew Follant, the company first started trading in January 2012 and has not stopped growing since. In the last financial year, turnover surpassed £3.1 million.
The tech firm is now eyeing up revenues of £4 million this year. Follant credited his company’s continued success to the hard work of its employees and high-quality services.
“Our success to date has been down to our people and our experience. As a company, we are committed to an ongoing investment in our people and our equipment,” he said.
“During 2017 we invested over £250,000 in relocating to a new 24000 square foot facility in Bridgend to enable us to meet our future growth plans.”
He explained that the business has invested much of this money into developing new products. “We have recently created a dedicated R&D team within the business to ensure we keep abreast of technological developments and to help ensure we continue to meet our customer’s needs,” explained Follant.
“Our apprenticeship programme continues to flourish, with four engineering apprentices currently at differing points in their training, alongside further training programmes being run for all existing engineering staff. Investment in our people is an investment in our future.”
Andrew said the company is quickly becoming “well established” across the UK. Next, he wants to grow the business in Europe. “We began to operate in Poland in late-2017 and this is showing encouraging signs,” he continued.
“And we are also looking at a variety of models elsewhere in Europe, specifically utilising our existing relationships in Germany, Italy and Spain as we have no doubt that our business has a future in dealing with our continental neighbours whatever framework we have to work within.”
Follant added: “Our plan for the next three years is to continue growing throughout the UK and Europe and for Kontroltek to be recognised as amongst the premier Industrial Electronic Repair companies in the UK and Europe. This is an ambitious target but we are an ambitious company.”