Suffolk-based manufacturing company Broadwater Mouldings is one of 252 organisations nationally to be recognised with a King’s Award for Enterprise.
Broadwater
Broadwater is a design engineering and composites manufacturing company, specialising in supplying high quality moulded Fibre Reinforced Plastics (FRP), fabricated and finish-assembled FRP and vacuum formed components into the medical sector.
Broadwater’s main market is Europe, where one of its key customers is based although its products are in daily use Worldwide. Broadwater’s market position has changed from purely a parts supplier to a strategic design partner for its main customers and has expanded its manufacturing capabilities and processes in recent years. Overseas sales have grown by 90% over the three year application period and the proportion of sales exported has increased to 66% of total sales. The company wins the King’s Award for International Trade in overseas sales over the last three years.
Managing director, Matt Herbert said: “This award recognises the achievements of the entire Broadwater team, some of whom have worked in and have been dedicated to developing the business over decades. We have worked extremely hard to achieve the growth we have seen and this has inevitably presented challenges: every person working at both our manufacturing sites has risen to those challenges. I am extremely grateful to every one of our people and I am looking forward to continuing with them to build on our success. We are incredibly proud to be honoured with this award”.
The King’s Awards for Enterprise, previously known as The Queen’s Awards for Enterprise, was renamed in 2023 to reflect His Majesty The King’s desire to continue the legacy of HM Queen Elizabeth II’s by recognising outstanding UK businesses.