The family owned business is one of only 201 organisations nationally to be recognised with a prestigious Queen’s Award for Enterprise. Announced today (Tue 23 Apr), Croxsons has been recognised for its excellence in international trade, which has seen the firm return continuous growth in overseas sales for the past six years.
With export growth increasing year-on-year from £2.8 million to £9.9 million during the period – a rise in total of over 250% – overseas sales now account for 36.3% of the company’s turnover. This ongoing trading performance, combined with strong domestic sales, has helped propel Croxsons to an impressive 700% hike in revenues since 2005.
First trading in 1872, Croxsons faultless commitment to quality continues to provide leading food and drink manufacturers and brand owners with unique and innovative packaging solutions. With their base in Morden, Surrey, and further operations in New Zealand, Australia and the USA, Croxsons sell in over 50 markets worldwide.
Commenting on their achievement, both James and Tim Croxson, the fourth and fifth generations respectively, who currently head up the firm, said: “We are thrilled and privileged to have been recognised for international trade with a Queen’s Award. The achievement is testament to the collective and sustained effort from everyone here at Croxsons who have helped ensure that the business continues to be a success story that would delight our forebears.”
Now in its 53rd year, the Queen’s Awards for Enterprise are the most prestigious business awards in the country, with winning businesses able to use the Queen’s Awards emblem for the next five years.
Croxsons will celebrate its award during a royal reception for Queen’s Awards winners in the summer.