Coltraco Ultrasonics Win The Queen’s Award For Enterprise: International Trade 2019
24 April 2019
Coltraco Ultrasonics are proud to announce that they are the winners of the prestigious Queen’s Award for International Trade, for Outstanding Continuous Growth in overseas sales over the last six years.
Coltraco Ltd t/a Coltraco Ultrasonics is headquartered in London, with a facility in Somerset and teams nationwide. The company started in 1987 when Mr EC Hunter, its founder, invented the Portalevel®: the world’s first dedicated portable ultrasonic liquid level indicator.
Overseas sales have grown 156% and the percentage exported has also risen from 67% to 94%. Its main markets are Denmark, USA, India, Korea and China. Today Coltraco exports to 109 countries with exports constituting 89% of total sales. They are aboard 17% of the world’s shipping fleet, the top 15 Navies and sell to 50% of the world’s offshore oil and gas companies, and, in the last year, in service with one of the major 4 wind companies.
The company wins the Queen’s Award for International Trade for Outstanding Continuous Growth in overseas sales over the last six years.
COLTRACO’s CEO MESSAGE
"We see this as a culmination of our vision:
· to create a happy, dynamic environment for our people, so as to create a sustainable and profitable one,
· with integrity at our core throughout our scientific research and commercial operations,
· and innovation driving excellence in our technology and our business methods.
Our mission is to deliver safety for life, assets and infrastructure on land and at sea through our concepts called Safesite® and Safeship®: developing a range of mutually supporting products, systems, software and through-life customer service. Our aim is to become an “ideas factory” in ultrasonics, developing and growing out from our current expertise in liquid level indication, seal integrity and areas of condition monitoring, coming from our background in fire safety and watertight/compartment integrity.
We export 89% of our output to 109 countries, support our customers through our global network of strategic partners and ODA service stations, and digital presence."
We understand the opportunities of international trade and have spent 25 years travelling to 30+ countries annually across a variety of advanced and emerging markets in Asia, the Middle East, Europe, North America, Africa and South America. 40% of our exports go to Asia and the USA is our lead national market.
We know the challenges of working internationally, which is why we value our people so highly. We recruit some of the UK’s best young talent through our Student Engagement Programme. We also provide second/third career opportunities for those later in life wishing to transition into a role offering the chance for fulfilment, through upskilling and independence.
Committed to innovation, we are proud to design and manufacture in Britain. We are honoured to be partners with the GREAT campaign and for our CEO to be a Department for International Trade Export Champion, Expert Panel Member at the Department for International Development , member of the UK-USA SME Dialogue and a Decision-Making Panel member of the Bank of England. We encourage all other businesses to export – there is a world of opportunity.
For more information, please contact:
46 Mount Street
Tel: +44 207 629 8475