The companys turnover for the year to 31 July rose 22% to 14.7m and it made a pre-tax profit of 500,000.
Group managing director David Burton said the market was still immature and that the company was striving to be the best of suppliers. We believe customers investing large sums in capital equipment should look carefully at the solidity of the supplier. The next few years will see a number falling by the wayside, unable to support the products they have sold.
In March the 60-staff firm took over an additional unit at Chertsey Business Centre. It is also now storing consumables at a new warehouse facility.
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"It's wrong to assume the Chinese are behind the curve on automation - it used to be the case that manual processes were kept becuase it was cheaper to use them than buy the automated equipment,..."
"Incredible, what a business!"
"Sad news. Their prices were unsustainable - it was a race to the bottom."
