Film and TV Location Business in Monmouthshire Sees 18.4% Turnover Rise
A film and TV location business based in Monmouthshire has experienced a significant increase in turnover following a management buyout last year. Supply 2 Location Group, a leading provider of location services and logistics to the film and High-End TV industry in the UK, reported an 18.4% rise in turnover for the year ending May 31, 2023. This increase demonstrates the success and sustained growth of the UK’s film and HETV industry.
Under the leadership of CEO James Williams, Supply 2 Location Group has been expanding its operations across the UK. With bases in Caldicot, London, Scotland, the Midlands, and Liverpool, the company has established a strong network to efficiently serve its clients. Over the past year, they have made strategic investments to complete their UK-wide network, including the opening of depots in the North, Scotland, and the Midlands.
These depots play a crucial role in supporting the company’s growth by providing a seamless and integrated hub and spoke network across the country. Furthermore, Supply 2 Location Group has been committed to reinvesting in the latest equipment, such as environmentally friendly plant, Stage V generators, and battery solutions. With a capital expenditure of £1.5 million, the company aims to remain at the forefront of technological advancements in the industry.
Looking ahead, Supply 2 Location Group is actively working towards establishing its first international depot, a strategic move to further expand its reach and capabilities. However, the film and TV industry as a whole faces challenges stemming from ongoing screenwriters’ and actors’ strikes in America. The financial impact of these strikes extends globally, and industry professionals hope for a swift resolution.
Despite these challenges, Supply 2 Location Group remains dedicated to leading the industry by offering innovative, cost-effective, and flexible solutions tailored to clients’ specific requirements. The company’s reputation for delivering high-quality services has positioned them as a trusted partner to world-renowned TV and film production companies. This year alone, Supply 2 Location Group has supported the production of notable projects like Walt Disney’s Indiana Jones and the Dial of Destiny, Warner Bros’ The Batman, Paramount’s Mission Impossible – Dead Reckoning, and BBC’s Wolf.
With their commitment to growth and excellence, Supply 2 Location Group continues to play a pivotal role in driving the success of the film and TV industry. As they expand their reach and invest in cutting-edge technology, the company is well-positioned to meet the evolving needs of the industry and deliver exceptional services to their clients.
