About Us > Progress Statement

Stability in Times of Uncertainty
Charlesworth views seriously the impact of the current global economic crisis. During these uncertain times we feel it is important that our clients and stakeholders are kept informed of our progress and intentions for the long term future of the business, particularly given the level of uncertainty in the printing industry.

With this in mind we have put together the following information on our plans and activities to offer current and prospective clients reassurance on Charlesworth's ongoing commitment to providing solutions relevant to the changing market place and adoption of appropriate technological developments, in order to deliver competitive total cost solutions to their needs.

Financial Control
Our strategy of tight monetary control and prudent investment has ensured we enter this period with cash reserves and are not vulnerable to the financial constraints that are being imposed to businesses seeking significant ongoing funding streams. The Company has no significant ongoing finance deals that pull on our reserves placing us in a favourable position at this time.

Investment
In the past two years we have invested significantly in technology that is appropriate to the changing demands of clients. Planned investment for 2009 in the UK operation includes:

  • Upgrades to our pre-press technology
  • Improvements in bindery equipment to increase output and reduce costs due to complete by July 2009
  • Further enhancement of our digital print capability but the end of 2009
  • Provision of a web to print solution that will help customers who wish to do so submit orders direct to our workflow
  • Enhanced MIS facilities including automated data submission

Environment and Quality
In recent years Charlesworth has invested heavily in ensuring we meet the standards expected of a modern manufacturing operation, including the adoption of Lean Manufacturing disciplines through Vision in Print. We have been successful in winning accreditation to both the ISO 9001 quality standard and the ISO 14001 environmental standard and FSC/PEFC certification.

And Finally...
Charlesworth remains a family owned business headed by Neil Charlesworth. A strong management team has been developed in the key areas of operation in the UK, China and US, providing day to day operational and strategic control of the business. Helen Charlesworth has returned to the business to support Neil in the UK and Richard Charlesworth is taking up a full operational role within the China office.

We do not underestimate the impact of current economic market conditions but we firmly believe that we are well placed to deal with this and continue to grow and prosper through continuation in our careful stewardship of the business.


David Boothman
Managing Director - UK operations