MD's Message

After A Summer of Content, one of some Concern!
(July 2008)

Reflecting on the Year...

I doubt if two successive columns could be so different in theme.

The last twelve months has not been easy for anyone supplying to general levels of Business and Industry here in the UK and now Business Gurus such as the CBI and Major Banks are forecasting that the current economic downturn is unlikely to reverse for up to another two years irrespective of Government! Nine months ago I was convinced that UK Plc was in for a short but deep 'blip' but I have to admit to totally underestimating the situation on this cycle.

We saw first indications that the economy may be sickening when the return to normal rates of trading appeared delayed after last summers main holiday season. This was evident in our own lower tier sales and in many of our Dealers Sales; there was then nothing to alert us to a major change and I was tending to blame and believe we may have been seeing a significant shift to Internet trading.

Now nearly one year on from the first indications of a downturn in the UK we can see that sales into Government sectors remains unaffected, sales in major 'Blue Chip' organisations remain mainly unaffected unless they are closely allied to Transport or one of the other ailing and sadly affected activities but that the general run of the mill businesses are, in the main, struggling as their operating costs are escalating rapidly and their plea's for help are ignored.

For the foreseeable future, we like many other long term businesses, need to make changes to the 'Masterplan' in order to accept reality. Yes, we have had all vehicles converted to on-site LPG but I mean more than that; I would have used the word 'Vision' but I was tempted to substitute 'Hallucination' Gordon! I believe my 30 years experience is vital to the wellbeing of the business so to that end I have informed my wife I am cancelling the much promised

Ian Sneap

Managing Director
Zycomm Electronics Limited

« Back to previous page