KYBOTECH IS ONE OF THE ‘HOT 100’ FASTEST GROWING ENTREPRENEURIAL COMPANIES
Real Business Magazine has put Kybotech in its list of the top 100 fastest growing entrepreneurial businesses for 2008
[ClickPress, Fri Apr 11 2008] A handsome turnover last year has meant Kybotech Ltd, a leading online retailer in the home and leisure sector, is proud to announce its inclusion in Real Business Magazines accredited ‘Hot 100’ Fastest Growing Entrepreneurial Companies for 2008. This comes as Kybotech declared incremental 59% growth since 2004.
The report, conducted in association with LDC, a private equity company, and Lloyds TSB, identifies those companies excelling in the current UK economy providing a rather healthier outlook than the imminent credit crunch would have us believe. The report further outlines entrepreneur’s ability to capitalise on emerging markets, exploit new technologies and deliver low priced products to consumers. Kybotech stands a key exponent of these attributes; widely sourcing raw materials to find a price that appeases the consumer and business, demonstrating competent online capabilities including cutting edge image prototyping for an enhanced shopping experience and the exploration of multiple niche markets from garden furniture to fitness equipment.
These sentiments are echoed by founder and Managing Director, Charles Walton, who back in 2000, set the Kybotech success story in motion with what is fast becoming a franchise of over 10 websites. Championing the ideal of self-sufficiency he says:
“If you’re organised, having your processes in-house helps you retain control and keep costs down. If you make savings here, you can pass them on to your customer – which makes your offering more attractive to them.”
By 2004 the company was recording a turnover of £6.4 million as they embarked on launching new websites, acquiring new suppliers and delving into new markets. 2007 brought in revenue of £24.5 million as Kybotech, not ones to rest on their laurels, looks to invest heavily into expanding its production facilities.
Kybotech currently operate from offices and production facilities tucked away in the East Midlands country side. Although the company has been established as an online retailer since 2000 Charles Walton and family have a long standing tradition in the manufacture and sale of garden buildings nationwide. Kybotech is the proprietor of the following websites dedicated to providing affordable, well designed lifestyle solutions making life just that little bit more enjoyable for all the family:
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