Corporate Relations
For your peace of mind, WEBMART® has got an excellent credit history.
The Creditsafe.com recommended credit limit below is calculated using a formula that analyses information from the company’s financial accounts and payment record.
| Date | Rating | Description |
|---|---|---|
| 15/10/2007 | 83 | Very Good Credit Worthiness |
| 11/10/2007 | 88 | Very Good Credit Worthiness |
| 16/05/2006 | 86 | Very Good Credit Worthiness |
| 19/01/2006 | 80 | Very Good Credit Worthiness |
| 18/10/2005 | 75 | Very Good Credit Worthiness |
For comparison, the following are the credit ratings of other print management firms:
| WEBMART® | 83 | Very Good |
| Williams Lea Group Limited | 70 | Good |
| Adare Carwin Limited | 70 | Good |
| Triplearc PLC | 61 | Good |
| DSR Limited | 51 | Good |
| Etrinsic Holdings Limited | 47 | Credit Worthy |
| HH Associates | 15 | Caution - Credit at your discretion |
Financial Report 1 April 2006 - 31 March 2007
We have had a year of solid progress with our low-cost business model of Print Management - Print Management 2.0 (PM2) as it will be known in the market (in the fullness of time).
The old style Print Management (PM) is increasingly being seen as the one-trick pony it is. The cost is TUPE'ed across from the client to the PM company - not removed from the process - and therefore the main way the "cost savings" and profit can be gained are from screwing the (often existing) supply chain to the floor. However this can be done only once, because the printer will go bust... or start their own PM offering to try to combat the unsustainable pricing levels. In addition often clients are mislead as well, with hidden rebate schemes of up to 7% already built into "open-book" pricing deals. It's all sorts of wrong rolled up into the current "print management" model. No wonder everyone thinks it's bad news for the print industry (and therefore ultimately clients) - it is.
The WEBMART®/PM2 model is different and works along the line of treating our suppliers as a vital part of our business and by continually working together in the spirit of mutual respect and partnership we build a complimentary offer-much more grown up, sustainable and it also has the benefit of giving life-long benefits to our clients. Cool!
So, what has this new way of doing things meant to the business in this year?
- turnover up 53% with no extra people, and a higher customer satisfaction score. Top stuff.
- our added-value redistribution scheme - the SEXiLIFE scheme equated to 88.5% of staff members' base salary.
- 5 times higher productivity in our print management than the average Print Management company.
- "print experience" in the business up 37% to 273 years - we are recruiting and retaining the best.
- charity donations up 103%.
In 2007-2008 new improved FreePrintManagement.com: guarantees great pricing in a world-fastest time and then gives clients the opportunity to cross-quote whilst FreePrintSales.com: (FPS) gives suppliers a site where they can submit prices and will work in a auction-free/negotiation-free zone. It also gives them their own, virtual, PM(2) solution, as they can work out prices themselves and win orders for their clients in printed products that they can't manufacture. Win-win.
Over the next 12 months we will grow again by striving to be the best, but to be the best against an ever-changing market we will each within WEBMART® have to raise our individual performance by working smarter (not harder). Focus on where best to add value within our respective role will be paramount if we are to get the best out of the opportunity that is here and now in the print marketplace.
The future's bright; the print management future could well be yellow.
Live free and pro(s)per.
Simon Biltcliffe
Managing Director
WEBMART® Ltd.
