UK - Lumidrives, the UK based LED technology provider has seen turnover for 2005 rise 25% to £3.5m, following the launch of successful new products and strong export sales growth.

Founded in 2001, Lumidrives was one of the first companies to realise the potential of high powered LED technology in illumination applications. It specialises in the development of components to enable applications in solid state lighting, including power drivers, LED arrays and optics. The company also offers design services for LED based illumination systems.

Lumidrives' 2005 growth follows on the back of a doubling of turnover in 2004. Exports now account for 40% of sales with new customers located in Japan, Canada, Turkey, Hungary, Poland, Romania and the Czech Republic.

The company's technology is used in a wide cross section of applications ranging from high profile exterior and interior lighting systems to medical and industrial applications. New products include a range of optics and a low cost lighting control system ideal for use in retail environments.

Gordon Routledge, managing director says: "I am delighted by our continued growth after the rapid expansion in 2004. Not only are sales up 25%, our staff team has also grown and our factory size has also expanded by 50%."

(Chris Henry)


Latest Issue. . .

Save
Cookies user preferences
We use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.
Accept all
Decline all
Analytics
Tools used to analyze the data to measure the effectiveness of a website and to understand how it works.
Google Analytics
Accept
Decline
Advertisement
If you accept, the ads on the page will be adapted to your preferences.
Google Ad
Accept
Decline