Shares in the £6.7m-turnover firm were due to start trading on the Plus Markets yesterday (19 September), with proceeds from the flotation to be put towards future growth.

One immediate plan is to reach turnover of £7m this year. The litho and digital firm, which has invested £4.5m in kit since it was established in 2001, is also planning further spending in digital printing and print finishing equipment.

Managing director Peter Crowson said: “The money we have made has always been re-invested in the future. We have always planned for the medium and long term, and flotation should enable us to invest still further and continue to move ahead.”

The firm, which has 95 staff, has also bought a third unit next to its existing premises in Leeds. The plant now has a combined value of £1.6m.

Crowson said: “We must have seen at least 20 other print companies disappear in the past few years, so it is even more pleasing that we have been able to achieve the growth we have.”

Team’s kit includes three six colour presses: a Komori Lithrone S640, a L640 B1, and a L628 B2. It also has
an Indigo 3050 and an Indigo 5000 seven-colour digital press.

Crowson added: “You really do have to be prepared to spend to keep up with the latest technology. Standing still is not an option for us.”