Portmeirion is a very well-established pottery company based in Stoke-on-Trent, England. Pottery brands manufactured and sold globally by Portmeirion include Spode, Royal Worcester, Pimpernel, Wax Lyrical, and Nambé. Portmeirion revealed in January that it expects 2021 sales to be more than £100 million, which would be a record-breaking year for the company. These sales represent an almost 20% increase in figures from 2020 and are 12% ahead of pre-pandemic figures for 2019.
Portmeirion has been a long-standing customer of Cashbook for over 10 years now. They use Cashbook’s cash automation software for multiple finance functions. The Cashbook Bank Reconciliation module is used to automate their reconciliations. The Global Payments module has been implemented to automate payments, and our Cash Application module is utilized to automate the accounts receivable process.
Portmeirion CEO Mike Raybould said: “I am delighted with the progress we have made as a business. Our sales result – approximately 12 percent above pre-Covid highs – is a real testament to the changes we are driving through our business and the experience and efforts of our teams across the world who continue to navigate the many challenges that Covid still presents.
Cashbook would like to congratulate Portmeirion on such a successful year and wish them well for further growth and success in 2022. We look forward to working closely together with Portmeirion again in the coming years. You can read the full article on Portmeirion’s record-breaking year as posted on Business Live here.