UK Analytical & Consulting Chemist Market Report Nov 09
The latest report from industry analysts Plimsoll, featuring 95 UK companies, provides up-to-date key market intelligence on this industry.
Just a few findings from the report show:
- Butterworth Laboratories is in a healthy position compared to its main competitors.
- 17 companies in the market are in trouble. Of these, 4 are likely to fail within the next 12 months.
- The UK Analytical & Consulting Chemists market is set for a wave of consolidation with mergers and takeovers on the increase - a result of too many companies chasing too few customers. Butterworth are committed to remaining completely independent, with the distinct advantages this brings.
- Despite the doom and gloom, some companies are still prospering. 56 companies in the latest report are rated as Strong, having grown and improved their financial strength - quite an achievement in the current climate.
- 26 reckless companies are chasing sales at the expense of profitability. Many of these are serial loss-makers, creating increased competitive pressure as they drive down prices.
For more information either contact John Welch: email@example.com or visit the Plimsoll website: www.plimsoll.co.uk
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