NFT is the UK’s market leader in chilled food & drink primary distribution. As the ‘intelligent link’ between manufacturer and retailer and with capabilities spanning the UK chilled, deep chill and ambient supply chains, NFT’s unrivalled knowledge enables it to provide comprehensive and innovative solutions to the most demanding and complex challenges.
NFT maintains collaborative relationships with a wide, blue-chip client base of leading UK grocery retailers and major European food & drink manufacturers. Delivering over 120,000 pallets of chilled food each week, NFT travels to every major UK retailer each day – the most extensive retailer reach in the industry.
A fast-moving business, NFT is characterised by continual growth, with an annual turnover of £140m (+10% on previous year) and EBITDA of £8.7m (+27% on previous year). In 2007, NFT commenced a strategic five-year plan, channelling over £20m of investment into systems, facilities and HR. Since 2007, NFT has won over 90 new customers, accounting for £26m increased revenue (+23% growth), and has enjoyed a number of exciting new business wins this year.
In October this year, NFT unveiled its brand new £2m Middleton depot, the premier chilled facility in the North West. This was a strategic investment to capitalise on the many commercial opportunities in the area and to replace the existing Whitefield depot. When fully commissioned, it will significantly strengthen NFT operationally and financially. Additional shared user capacity enables up to 50% growth, warehouse capability has been expanded by around 60% and by March 2012, throughput capacity should reach 85%. A world-class infrastructure enabling real-time information for customers, Red Prairie and a cutting-edge EDI platform underpin supply chain solutions.
NFT recently finalised an £8m investment strategy for its flagship Daventry depot. This included a £2m expansion project that has added a new 120,000sq ft chill store, increasing capacity to 20,000 pallets. To date, the peak throughput has been c 1.5-2.0 million cases per week, with a stockholding capacity of 10,000-12,000 pallets.
From an internal perspective, NFT continues to enjoy high staff retention rates and has made some strategic key appointments this year in its commercial, HR and operational teams.
In May, NFT demonstrated its commitment to health and safety, winning nine awards in the prestigious Royal Society for the Prevention of Accidents (RoSPA) Occupational Health and Safety Awards 2011.
For more information visit www.nft.co.uk
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