This electronic components broker sells parts such as semiconductors to Nokia, Sony, Snell, Siemens and other electrical equipment manufacturers, traders and distributors. Since the business was founded in 2003 by chief executive Simon Thake and sales director Steve Madley, the Newbury-based firm has opened 20 offices across continental Europe, America and Asia to provide local sales and servicing. The company’s international sales now account for more than 65% of turnover. Small acquisitions and replenishing manufacturers’ inventories that have been diminished by the downturn have helped overseas sales to grow by 81% a year, from £16.6m in 2008 to £54.4m in 2010.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.