The Tonbridge, Kent-based company has expanded its litho, digital and finishing capabilities, as well as consolidating its print facilities into a single 2,790sqm facility.

Julian Marsh, managing director at Minotaur, said the recent months had resulted in Minotaur going from being a "big small company to a small, big company".

According to Marsh, the £3m-turnover business is pushing to grow its sales to between £7m and £10m in the next two years and hopes to expand its staff to 60 this year.

"Going forward, we're looking at effective marketing, effective selling and to look after our customers. It's going to be a busy year," said Marsh.

Minotaur's expansion plans have led to the installation of a secondhand Heidelberg Speedmaster SM 74-10-P 10-colour perfector, a new Suprasetter 75 and the refurbishment of the company's two Speedmaster 74 presses.

In late January, the 36-staff business also took delivery of an HP Indigo 7000 digital colour press, several months after it bolstered its wide-format division with an Agfa Anapurna M2 UV inkjet printer.

Marsh said: "We've kept our heads down and worked bloody hard. At the end of the day, you have to price print to make a profit so you really have to be as efficient as possible."

Minotaur's expansion programme was financed by a combination of shareholder investment, retained profits and traditional asset finance.

The company's trade client base includes customers in the government, travel, retail, commercial and industrial sectors.

"We like dealing with brokers and farmers. It’s a spread that minimises our risk. We have 1,200 trade customers in total and are working a 24-hour, six-day week," he said.

In addition to the press investments, the company is also about to take delivery of a raft of finishing kit that includes a Heidelberg Polar 115X Flowline guillotine, and Duplo binding and folding equipment.