Overcast

Overcast

max temp: 15°C

min temp: 11°C

Search

The pigs are coming. Find out more about

Pigs Gone Wild

here.

Ipswich freight and logistics firm Charterlink eyes record turnover of £3m

10:11 03 November 2014

Stephen Carr, managing director of Charterlink, an Ipswich based company working with Bibby Financial Services.
Photo: Professional Images/@ProfImages

Stephen Carr, managing director of Charterlink, an Ipswich based company working with Bibby Financial Services. Photo: Professional Images/@ProfImages

©2014 Professional Images (UK) Ltd. Free for use.

A freight and logistics firm is set to celebrate record turnover thanks to outside funding to help it grow.

Ipswich-based Charterlink is targeting a record turnover of close to £3million this year, after receiving funding from Bibby Financial Services.

The firm offers UK distribution and 25,000sq ft of warehousing at its depot in Ipswich.

Although many companies were hit by the recession, it has been able to incrase the scale of its operation and has seen steady growth of nearly 20% over the last three years and increased its workforce from 13 to 16.

The business organises import, handles customs paperwork, unloads containers and arranges the picking, packing and delivery to retailers and wholesalers around the UK and works with customers including a major luggage manufacturer in Asia.

Managing director Stephen Carr said: “There is a lot of competition for freight and logistics in East Anglia but we have been able to differentiate ourselves through the service we offer to our customers. We have worked hard to ensure on-time collections, and where there have been delays, we’ve learned the value of keeping customers completely updated along the way.”

Charterlink used Bibby Financial Services’ Flexidraft facility, which works in a similar way to an overdraft, to give it working capital to invest in new trucks and warehouse equipment. It has also able to scale up its operation, taking on new contracts.

Last year, the business increased its funding line from £50,000 to £80,000, in line with its higher turnover and growth aspirations.

Sharon Wiltshire, managing director for Bibby Financial Services in East Anglia, said: “Stephen and the team have achieved solid growth over the past few years and its position in Felixstowe, one of the UK’s top container ports, is a strong one.

“Charterlink is a great example of how determination, combined with a quality offering, can lead to business success. Stephen and the team have used Flexidraft to their advantage and we’re looking forward to seeing them drive their business forward even further.”

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ipswich Star visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ipswich Star staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ipswich Star account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

The Ipswich Foyer in Star Lane.

A petition to save a centre that acts as a lifeline to vulnerable young homeless people in Ipswich has attracted more than 1,000 signatures in just four days.

File photo dated 15-06-1996 of Paul Gascoigne celebrating his goal with Teddy Sheringham in the Euro 96 clash against Scotland, at Wembley. Photo: Neil Munns/PA Wire.

It may have ultimately ended in defeat to old rivals Germany but Euro ‘96 was far from being England’s worst footballing campaign.

Police are investigating an incident at Tannington.

Two people were today being questioned by police after an attack on an ambulance crew and two police officers in one of the smallest and most rural hamlets in Suffolk.

Walkers get ready for the start of the ladies midnight walk in aid of St Helena Hospice at Weston Homes Community Stadium, Colchester, Essex, United Kingdom on 28-May-2016.
Picture: Steve Waller 
www.stephenwaller.com

Hundreds of ladies illuminated the streets of Colchester this weekend — wearing their finest and brightest neon clothes and accessories for St Helena Hospice’s eighth annual Midnight Walk.

Enjoy a family day out at the Suffolk Show

Looking for ways to entertain the family during the school holidays? Here we bring you a round up of what is on in Ipswich, Bury St Edmunds and elsewhere in Suffolk, and into north Essex.

EACH Colour Dash at Christchurch Park

Tens of thousands of pounds have been raised for East Anglia’s Children’s Hospices (EACH) during Ipswich’s most well supported Colour Dash to date.

Priti Patel

Pro-Brexit Essex MP Priti Patel added to a new row in the EU Referendum campaign by accusing the leaders of the “Remain” side of being so wealthy and privileged that they did not understand the concerns of most voters.

City Palace Udaipur

With temperatures soaring into the 50’ – that is Celsius – in Rajasthan at present, you could be forgiven for thinking that it is a place to be avoided!

File picture of Norwich Road/Orford Street junction in Ipswich.

Detectives investigating a serious sexual assault committed in Ipswich last weekend have carried out anniversary checks in the area.

The bank holiday weather was perfect for events like the Trimley Beer Festival.

For once organisers of bank holiday weekend events are set to be happy with the British weather as the region prepares for a third dry day today.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24