Precision Metal Pressing and Stamping Firm Demonstrates Great Team Strength During World Crisis

June 15, 2022

How A UK Engineering Firm Expanded During Difficult Times

As any business will tell you, the last 2 years have been a tremendous challenge in the UK and abroad. We reflect on what the world has been through during this time and how Pre-Met Ltd rode the waves achieving remarkable growth.

The Challenging Issues Faced by Businesses

Early 2020 saw the onset of Covid and a worldwide pandemic. What happened next was unprecedented in modern history. The world entered lockdowns and people’s movement was restricted. For high street retailers it meant huge losses in many cases, but other industries saw a surge in growth and sales due to their supply chain and digital readiness for a boom in demand.

As well as the Pandemic, Brexit has affected the UK economy with shortages in the supply chain and the TV news showing images of massive lorry tailbacks. The advent of new paperwork for UK businesses post-Brexit was an added spanner in the works for many firms, beset by uncertainty about what the new regulations entailed. Both imports and exports were affected by the changes.

With the supply chain seriously impacted by the Covid pandemic and Brexit shortages, some businesses sadly were unable to survive. The UK economy witnessed a number of well-known brands enter administration as well as smaller businesses. These issues have been further compounded by the recent inflation & energy price rises which have been exacerbated by the war in Ukraine.

However, for our West Midlands’ precision metal pressing and stamping firm, it has been an exceptional period of growth, bucking the trend of businesses which have not fared so well.

Success in Turbulent Times

A difficult economic climate meant that the strength of our team was tested more than ever before. With a company culture of open communication, continuous improvement and strategic management, the staff at Pre-Met pulled together to achieve a formidable annual turnover of £6 million.

The company's focus on team well-being nurtured the spirit of resilience within the workforce and while many businesses closed down, Pre-Met saw an excellent period of growth.

Sustainable Growth in 2022

In 2022, we are looking forward to another period of economic success. We are truly grateful for the hard work, determination and team spirit of all our staff which has led to such sustained growth. Thanks to all our staff and suppliers for their hard work during the last two years!

In our next instalment we discuss how we partnered with key suppliers during uncertain times to meet customer demand.

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