BEADLIGHT PROFIT UP 340% IN FINANCIAL YEAR WITH EXPORTS OVER 80%

BEADLIGHT PROFIT UP 340% IN FINANCIAL YEAR WITH EXPORTS OVER 80%

With the UK having experienced another difficult year, just coming out of recession, Beadlight bucks the trend to report another record year with annual turnover up 46% and net profit up 340%.

Witney based Beadlight Ltd., a global, green technology company, designs and manufactures LED (Light Emitting Diode) products and systems principally for aerospace, cruise ships, hotels, restaurants and bars. With design and engineering excellence, LED technologies and Beadlight’s patented optical diffusion system, the company markets high end products and video effect systems which have very low power consumption to reduce their customers’ carbon footprint.

Commenting on the end of Financial Year’s results, Alan Oliver, Beadlight’s Sales and Marketing Director, said “Our growth over the last year demonstrates the rapid adoption by leading designers and architects of quality LED lighting products and systems. Our customers demand designer products that will be reliable for many years into the future; that is what Beadlight stands for. Our high end technologies, commitment to quality (ISO 9001.2008) and leading edge design, attract orders from all over the World which, like the previous year, exceeded 80% of Beadlight’s turnover.”

He continued: “Our customers include some of best known names on the Planet and last year saw us working closely with Boeing, supplying video effect systems to one of the largest new Cruise Liners ever constructed (the Norwegian Epic) and providing lighting to the most advanced new hotel in India (Bengaluru / Bangalore).”

In addition, our Intellectual Property portfolio grows with the recent addition of another patent granted in the United States of America.

Next year brings some exciting developments for Beadlight; in the Aerospace market the company is working with a number of airlines on the new Boeing 787 Dreamliner project and it eagerly awaits the inaugural commercial flight by All Nippon Airways who has chosen Beadlight reading lights for both its First Class and Business Class seats. These, together with a number of 5 star hotel projects nearing completion (including World Class hotels in Paris and Singapore) and a new cruise liner project it looks like this year coming will be as exciting as the last.

Posted : 26/08/2010 16:33:49

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