Boating Business May 2021

Page 1

boatingbusiness.com

MAY 2021

American Currents 6 | Person Behind the Face 6 | Business Matters 12 | New Products 24 | Marketing 24 | Profile 32

ARTHUR BEALE CLOSES SHOP DOORS

NEWS

New premises Recyclable composite Direct sales pages 1-10

INLAND WATERWAYS

One of the oldest chandleries in the UK, Arthur Beale, is to close its shop doors in Shaftesbury Avenue after 150 years of business at the premises. The chandlery has suffered with the impact of the Covid-19 lockdowns and says it can no longer warrant paying the rents that a central London shop demands. “We were left in a very precarious financial state as a result of the pandemic and were unsure if we were going to survive at all,” said a spokesman. “We have no choice but to leave and move on to pastures new.” In addition, two new investors, Hugh Taylor and James Keef have taken over the business and will inject capital and management expertise into the company.

8 Alisdair Flint is to stay on as a shareholder and director

Hugh has a commercial background in marketing and previously ran an ecommerce wine business. James has had an international career in finance and lives in Sweden. Alasdair Flint will continue to be a shareholder and a director of the company. The company has leased a new warehouse in Buckinghamshire and will continue to sell products online. In addition, its clothing range will be expanding. The directors are also looking to the future and hoping to have some form of London presence again by Christmas. The business was established as a rope maker more than 400 years' ago.

Electric trial Three convictions Further funding pages 13-15

ECO AWARENESS

Simmonsigns acquires Solar Technology Manufacturer of solar engineering products, Solar Technology International, has been acquired by Simmonsigns Ltd, a long-time customer and one of the UK's leading designers and manufacturers of traffic safety products. Simmonsigns has its headquarters in Telford, Shropshire, and will run Solar Technology International as an independent business. The new MD, John Halliday, is working with the team, including Solar Technology International's founder Adrian Williams, to support the transition.

“We have always enjoyed an excellent partnership with Solar Technology International and the team's expertise helped us incorporate solar engineering into our ranges of illuminated signs, warning lights and Belisha beacons,” said John. “The company has a superb range of products and applications to fulfil the emergent demand for new solar and environmental solutions so we are really looking forward to working with the team to further develop the business and expand into new markets,” he added. Solar Technology was established in 2000 and has four product brands: PV Logic, SolarMate, Hubi, Lifos.

Sustainability project Renewed conversation Wind partnership pages 16-23

Distributors for

CEREDI Fabbrica Accessori Nautici Hatches in - Aluminium – ASA – ABS – Acetal www.cquip.com C-Quip Eighth strip May 2021.indd 1

13/05/2021 16:19


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Boating Business May 2021 by Mercator Media - Issuu