What does the firm do?
The firm prints large-format work up to 5m-wide for Mega Poster sites, PVC lorry sides and exhibitions.
Where is it?
Farlington, Portsmouth
Who are the brains behind the outfit?
Avi Hochshteadt, who is in charge of finance and management, and Louis Benezra, who is in charge of sales and marketing.
How many staff?
Eight fulltime staff.
What’s the turnover and profit?
Last year the firm achieved a £1m turnover with 15% profit.
How much has it grown?
XL Print recently installed a NUR Expedio Inspiration and a NUR Expedio Revolution, printing at speeds of 150m² an hour and 300m² an hour respectively, enabling the company to slash its prices in half. The firm has also invested heavily in recycling and argues that it is one of the most environmentally friendly print firms in the UK.
What might the future hold?
The company is in the process of looking for larger premises in Portsmouth to accommodate future kit purchases and to enlarge its finishing department. The company plans to continue its investment strategy to meet an anticipated demand from customers over the next three years.
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"Sad to see another print company facing financial trouble. The industry is tough, and this highlights the ongoing challenges many are facing. Hope employees and customers get clarity soon."
"Not surprised, businesses need to prepare for these attacks rather than thinking that they're going to avoid them. At the very least, data needs to be fully protected with air gaps in place..."
"So much for growth then!"
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