Alex Taylor, Managing Director of the UK’s leading ship supplier, Hutton’s, has been voted Young Businessperson of the Year during an influential regional awards ceremony last night.
The 30-year-old business man was awarded the accolade during “The Business” Awards, run by the Mail News and Media group at a glittering ceremony in Hull. Guests heard how Alex has helped to triple the turnover at Hutton’s in just four years and achieved a 300% boost in profits last year. “Alex Taylor has made Hutton’s a winner and is looking forward to even greater achievements in the post-recession era,” they were told.
And Hutton’s, which traces its history back more than 180 years, received further praise as a finalist in the Business Of The Year category, being described as a business which is “riding on the crest of a wave”.
After receiving his award Alex said: “I am delighted to see Hutton’s being recognised for its successes and for the dedication of its staff. We work hard to meet the needs of our many clients throughout the shipping industry and to source the products they need.”
Under his watchful eye, Hutton’s, which has offices throughout the UK and a headquarters building in Hull, East Yorkshire, has charted a course of continued growth, rising to a predicted annual turnover for this year of £7million. The company continues to develop despite the current recessionary trend and this year achieved record sales figures.
In addition, this year Hutton’s has made a number of strategic purchases and expansions to consolidate its coverage of UK ports. It recently purchased Milford Haven-based Pan Europe Ship Supply enabling it to service LNG tankers at this key terminal, and has just opened a new office in Great Yarmouth to facilitate its supply to the offshore industry there.
Alex Taylor took the helm of Hutton’s from his father Alan Taylor in 2006, having worked for the company for eight years. Chairman Alan said: “I am pleased that Alex is getting some recognition for the dedication he shows to the company. Hutton’s is in safe hands and the future looks secure with Alex. I am very proud of his efforts.”