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Stock exchange honour for Grimsby seafood firm.

Grimsby seafood firms do not usually feature high on attention list of the London Stock Exchange until now.

The company Flatfish, which has one of the most modern processing plants in Europe, has been listed by the London Stock Exchange' as one of its "1,000 Companies to Inspire Britain".

The report is a celebration of the UK's fastest-growing and most dynamic small and medium sized businesses. To be included in the list, they need to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers.

Flatfish is a family owned company which was founded in 1979 by Steve Stansfield who heads a multi-million pound business from a modern processing facility in the heart of the town, which is the largest centre of fish processing in Europe.

A continuous programme of investment has enabled it to remain at the forefront of current advances in fish processing technology, improving both its processing capacity and manufacturing efficiencies. The company says it is committed to upholding the integrity of it supply chain, by reference to scientific research into the sustainability of the fish stocks.

Flatfish Ltd Founder and Managing Director Steve Stansfield said: "I am thrilled that Flatfish are featured in the London Stock Exchange 1,000 companies to inspire Britain. This is testament to the commitment of the whole team at Flatfish. We will continue to innovate, invest and inspire within the seafood industry"

Xavier Rolet, Chief Executive, London Stock Exchange Group said: "High growth SMEs are the driving force behind the UK economy, developing the skills, jobs and growth we need. But ambition alone is not enough; their success must be highlighted and their growth properly supported with appropriate finance. That's why today's event is so important: demonstrating the strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies to support these inspiring businesses.

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Title Annotation:FOOD TOWN NEWS
Comment:Stock exchange honour for Grimsby seafood firm.(FOOD TOWN NEWS)
Author:McDonagh, Vince
Publication:Frozen & Chilled Foods
Geographic Code:4EUUK
Date:Apr 1, 2016
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