Bolton-based cable assembly company ASL has announced a record-breaking financial year with a turnover of £8.2 million. This significant achievement is further highlighted by £927,000 of brand new business secured over the past year, showcasing the company's strong growth and strategic success.
ASL employs a team of 90 staff at its Bolton manufacturing facility and has set an ambitious target of reaching £10 million turnover by 2026. To accommodate its growing workforce, the company is planning to construct a mezzanine within its factory, creating additional office space to support its increasing number of employees. In addition to their financial success, ASL has made substantial investments in infrastructure and its workforce.
Recent expenditures include £100,000 on solar panels and £75,000 on a state-of-the-art stock system with two new stock controllers. READ MORE: Bolton firm Assembly Solutions Ltd makes it through the highs and lows to celebrate 20th anniversary Firm enjoys success home and away These investments reflect ASL’s commitment to innovation, sustainability, and operational excellence, aiming to enhance efficiency and build customer trust. The family-owned business , managed by siblings Gareth, Sophie, and Oliver Balshaw, say they are thrilled with this year's achievements and optimistic about future growth.
Gareth Balshaw, Managing Director, said: "It is an incredible privilege to run the company and work with such a dedicated team. The commitment and .
