The £3m-turnover company, which has four sites, recently completed a 12-month, £1.2m investment initiative that has seen the company install a number of machines including a Komori LS429 four-colour plus coater, Xerox Colour 1000 and an Agfa Avalon N4 computer-to-plate (CTP) system.

Ink Shop Printing managing director Stuart Mason said the forecasted growth in profitability was due to both increases in efficiency and a change in business strategy.

He said: "We have adjusted our entire business model to be less reliant on any one sector of business. We have gone from having a number of public sector contracts to having none because there is too much pressure from public sector organisations to print for nothing.

"From 2012 we changed our strategy so that we are no longer just a printer but a total solutions provider. We aim to offer any service for business promotion such as print, marketing, display and point-of-sale. We have also invested substantially in large-format, which is another big growth area for us and we are doing a lot of solvent work for things like outdoor banner production."

The company also plans to relaunch its Ink Shop website, which will be geared towards offline ordering, over the next few weeks.

Mason added that the company’s new Komori press has had a dramatic impact on litho print production.

He said: "With our new Komori we can get the plates on, get a colour job set up, print up to one thousand sheets and have the plate off again in just over seven minutes; before we had the Komori it was taking us 45 minutes."

The company’s investment programme was funded by Clydesdale bank.