A Falmouth electronics company has tripled its turnover and doubled its staff in three years.
Having just invested in the latest equipment to produce its state-of-the-art circuit boards, Sellectronics is now capitalising on the trend for ‘on shoring’ and bringing manufacturing back to the UK.
The company was established in 2008 by Dean Haney who was joined by co-director Jason O’Connell in 2010.
The business started out in the basement of their sole client’s building and now occupies a modern facility in Falmouth where 17 staff are based. Sellectronics holds a number of ISO quality standards and its circuit boards are used by a wide range of customers in many different applications, from maternity wards to fighter jets.
As the business has grown, Sellectronics has been supported through Oxford Innovation’s Coaching for High Growth programme, funded by the European Regional Development Fund (ERDF). Managing director, Dean Haney said: “When we first started out with Oxford Innovation, our coach helped us develop a five year business plan and it went from there. Every few months we face another dilemma and through our coaching sessions we come up with a different strategy to deal with it.”
Technical director Jason O’Connell added: “As engineers, running a company was initially quite alien to us. We were good at building circuit boards but less good at building a business.
“The coaching has touched every aspect of how we run our business, from accounts to staffing. In fact, the more we think about it, the more we realise the coaching has done for us.
“We see ourselves as a national company, but now have clients as far afield as Massachusetts and Sri Lanka. Despite that, there is so much innovation in Cornwall that we continue to do a lot of local business.”