Region: North West
Programme: Investment Programme and our other commercial investments
Bindatex is a Bolton based business specialising in the converting of advanced materials to be used in manufacturing for industries like Aerospace, Defence, Advanced Armour, Automotive and Energy.The business originally started as a book binding operation before Director, Chris Lever had a ‘eureka’ moment and realised the potential of his technology. Using his vision, Bindatex now specialises in the precision cutting of difficult to process advanced materials.
Since 2010, the intelligent solution has seen Bindatex increase it’s turnover by 500% with contracts held with some off the biggest names in manufacturing. In such an innovative and specialist market the challenge came when Bindatex needed to invest in new machinery and grow the business.
They used MarketInvoice for a cash injection and to maintain a steadier cashflow that has helped them
accelerate growth and employ seven new staff in the past year, with further growth plans for the coming
Chris Lever, Director, said:
“MarketInvoice has helped us see steady growth because we have been able to access the funds when we need to.
We have further growth plans and MarketInvoice will definitely play a part in those.”