Buckingham firms blazing economic trail


BUCKINGHAM firms are blazing a trail through the recession, and have been recognised at a regional business awards ceremony.

At the end of last month around 600 businessmen and women gathered at the Hilton at stadium:mk for the North Bucks Chamber of Commerce Business Excellence Awards.

Two Buckingham businesses walked away with awards, both claiming significant growth over the 12 months leading up to ceremony.

Former Akeley Wood and Royal Latin school boy Julian Thomas, founder of Racelogic said the £2.2 million profit his firm made on a £8.2 million turnover was down to them finding ways to do things better than others, for less money.

While Nigel Walton, founder of the Abbot Group said their 32 per cent year on year growth was down to keeping promises and attention to detail.

At the awards Abbot won the Business of the Year with a turnover under £1m. Judges said: “They have demonstrated that growth is achieved through competitive cost, innovative delivery and emphasis on customer service.”

Mr Walton founded the company in 2002 after being made redundant for the forth time and finds himself employing people who were also out of work.

He said: “Nearly everyone here is local, but the important thing is that we have the right person, irrespective of their back ground and we are a close knit team.

“But for us our success is quite simple, it’s attention to detail and delivering quality products and services and by doing what we say we are going to do.”

He added: “I just think it’s fantastic that two pioneering companies in Buckingham are blazing a trail through the recession.”

Abbot Fire Group is exclusively approved by the Lose Prevention Certification Board to fit kitchen fire suppression systems used in restaurants and commercial kitchens up and down the country.

Racelogic walked away with the Business of the Year with a turnover of above £5. They supply automotive manufacturers and phone companies with innovative speed testing equipment and navigation systems at a third of the cost of their rivals. Mr Thomas said it had been a ‘spectacular year’ for them and that they now employ 49 people and are continuing to expand. He said their success was down to innovation and remaining flexible.