Ayrshire tech outfit sets £100 million goal after surge in sales and investment

Ayrshire-headquartered supply chain specialist CCL Logistics & Technology has turnover of £45 million in its sights and has set a longer term goal of £100m after a double-digit hike in annual revenues.

The Troon-based company reported sales of £35.6m for the year to the end of December, up 21 per cent on 2021’s haul as it continues to invest in its people and technology development, with more than £2.5m invested at its innovation centre in Bellshill during 2022. Bosses said the business was on track for further growth in 2023 despite a “challenging industry backdrop”. The firm was founded in Troon by chief executive Callum Bastock in 1999, and has an Innovation Centre at Strathclyde Business Park in Bellshill, with further offices in Derby and Aylesbury.

Bastock said: “The year-on-year investment we have made in our team, our technology and an absolute focus on our target market has allowed CCL to grow strongly during the year. This is against an industry facing supply chain disruption due to changes in the behaviour of consumers, markets and the supplier base. The speed of change is forcing our customers to think differently. Essentially, we help customers – manufacturers, distributors, wholesalers, and retailers – simplify their supply chain, significantly improve productivity, reduce costs, and grow sustainably, and this approach has helped scale our business.”

Thanks to several years of double-digit growth and increasing demand for its tech from customers in the UK and Europe, the firm is confident of achieving £100m in turnover “over the next few years”. Over the last 12 months, CCL has added features to its bespoke transport management system, myCCL - a platform that promises customers “complete supply chain visibility”. Significant investment was also made in the firm’s sea freight service, and the company’s “greener routes” initiative, which enables customers to measure, manage and minimise CO2 emissions.

Since the beginning of 2022, CCL has added some 15 people to its tech team at the innovation centre in Bellshill, which now totals more than 40, with overall headcount across the group at over 120. The company expects to complete a further acquisition by the final quarter of 2023.

Bastock added: “We are helping to facilitate Scottish and UK export trade in a much more sustainable fashion.”