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Specialist book and gift supplier Bookspeed has more than doubled its operational capacity to more than 25,000 sq ft by investing significantly in additional warehouse facilities. The expansion follows a hike in the company's turnover from around £6m in 2015 to just under £9m in 2017.
Bookspeed is a book wholesaler and toy and gift distributor. Its new facility on Edinburgh’s Albert Road, which is located close to the firm’s headquarters at Salamander Yards in Leith, has upped the company's operational space from around 13,500sq ft to more than 25,000sq ft.
Lewis Dawson, commercial director at Bookspeed, said the new facility was "integral" to the company's plans for ongoing growth.
“In 2015, we set out to double our turnover and have already surpassed growth expectations three years ahead of our plans and increased our team by 20% to more than 40 staff", he said. "We have also grown our customer base and geographical reach across the UK, while continuing to work with long-term customers and trading partners. Our focus is to build on this success and continue to expand in the coming years as we add new ranges and exclusive non-book product lines to our portfolio. In recent years, we…
When you've got the Duke and Duchess of Cambridge as your unpaid publicists, it does your business no harm. Kingsley Dawson, co-founder and chairman of Bookspeed, the Edinburgh-based supplier to the gift and heritage market which is currently celebrating its 25th anniversary, won't say which of his accounts the couple has helped, but admits that the media coverage of the royals has been very good for Bookspeed's bottom line.
"One account is hugely up on last year," says the 60-year-old who has just stepped up to the chairman position and brought in Gary Weston, whose background includes Sky and Yellow Pages, as m.d. "In fact, it does seem as if large heritage accounts in general are doing very well. This may be because of the success of their own marketing, or it may be because people aren't going abroad as much because of the recession. We're always trying to read the market. Certainly, the exchange rate favours visits to the UK—our bestseller at the moment is a guide in Russian."
Visual impact
Bookspeed has some 2,000 active accounts, roughly split between Scotland and the rest of the UK. It supplies all the leading heritage sites in Scotland and the vast…