Long Sutton firm planning to triple growth in four years

EconoGroup managing director Alistair Ashworth (left) whose expansion plans are being supported by Richard Chapman from Clydesdale Bank.
EconoGroup managing director Alistair Ashworth (left) whose expansion plans are being supported by Richard Chapman from Clydesdale Bank.

A LONG Sutton health and beauty business has unveiled an ambitious plan to triple its growth over the next four years.

EconoGroup has achieved an order book of about 20,000 customers since it was set up as a next-day mail order supplier to doctors, dentists, vets and beauty salons in 1994.

It currently employs 32 people and has an annual turnover of £4million.

But bosses now want to sell their products such as hand towels, nail varnishes and bandages to wholesalers nationwide, as well as developing new markets abroad which could boost turnover to £12million by 2016.

EconoGroup also plans to have a new exporting division set up in August with financial support from Clydesdale Bank.