A Leicester-based family-run printing business is gearing up for further growth after undergoing a management buyout that will see a new generation of the family take the helm.
Flexpress, founded in 1989 by managing director Steve Wenlock, began life as a small photocopy shop serving the local community. Now, the business, which has evolved into a trade-only printer, supplying print to marketing agencies, publishers and print buyers across the country, will be spearheaded by Steve’s sons Jack and Steve Wenlock, along with long-serving employees Ian Jamieson and Emma Manton.
The Birstall-based company is already on a strong growth trajectory and has secured a six-figure invoice finance facility from Lloyds to further support its expansion.
Strong customer demand for traditional printed products, such as books, booklets and business cards, is continuing to underpin its growth.
Earlier this year the business completed the acquisition of a third workspace unit, allowing the firm to expand its operational footprint. Today, the business employs a 27-strong workforce.
Despite the increasing shift towards digital solutions, Flexpress has doubled in size since the COVID-19 pandemic and now operates across three workspace units in Leicester. This year, it is forecasting turnover of around £4.4m, with a target of reaching £5m in the near future. Long-term, the business has its sights set on doubling in size again.
Steve Wenlock, managing director at Flexpress, said: “During nearly four decades, Flexpress has grown from a small copy shop into a trusted trade printing partner for hundreds of printing professionals across the country. With the support of Lloyds, we now have the financial strength to invest in the future and accelerate our growth, ensuring a smooth transition of ownership to the next generation.”
Claire Carr, relationship manager at Lloyds, said: “It’s inspiring to see how Steve has grown Flexpress from a small start-up into a trusted printing partner for some of the country’s most prestigious brands. We’re proud to support the company as it looks ahead to its next phase of growth and expansion.”
