Times article on Wooden Furnitiure Manufacturer, Ambic

Although this article ran a while ago in the Times we have only just spotted it.  It’s a very interesting article about School Furniture Manufacturer Ambic Ltd who were facing problems with cash flow as their business is very seasonally biased to the summer holidays (as is ours).  Schools place orders at the end of the school year and then want their new products delivered in time for the new term in September. So additional resources need to be employed to meet the temporarily heightened demand. Ambic used a funding circle instead of a more traditional expensive bank overdraft to raise the funds for increased production.  An inspiring story and you can read the full article here 

It could almost be a Gratnells picture!
It could almost be a Gratnells picture!