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1pm Case Study: Victoria Litho Print

Victoria Litho produce everything from maps to brochures, magazines to super-sized posters. The family-run firm with decades of experience have had an excellent few years, mercifully shielded from the economic downturn by the nature of their business. With a huge amount of their business coming from the printing of promotional material for supermarkets, the recession has ensured a steady flow of work as clients using their services scramble to get ahead of the competition. But despite their 18-strong workforce turning over around £3 million annually, they’re subject to the same 60 – 90 day payment terms that many print firms are faced with.

There’s a lot to be said for family-run businesses. Andy took over the firm from his father, David Wilson, who originally chose to work with Gener8 Finance because of personal contact with Gener8’s directors. 

1pm plc (LON:OPM), established in 2006 is an independent provider of finance facilities to the SME sector. The 1pm plc group offer a full range of business finance solutions to the UK market from asset finance, hire purchase, commercial loans through to invoice finance and factoring. Gener8 Finance Limited is a wholly-owned subsidiary of 1pm.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.