Clarendon Specialty Fasteners Ltd wins the Queen’s Award for International Trade for Outstanding Short Term Growth. Established in 1991, and with three locations in the UK, Clarendon Specialty Fasteners is a market leading supplier of fasteners, components and hardware for the aerospace, defence, industrial and motorsport sectors.
Clarendon is one of 201 organisations nationally to be recognised with a prestigious Queen’s Award for Enterprise. Announced in April 2019, Clarendon has been recognised for its excellence in International Trade.
Clarendon’s highly differentiated offering is centred on the supply of aerospace and commercial fasteners, slides, couplings and related products, combined with the internal design and manufacturing of customised innovative fastening solutions. It is a critical supplier to its worldwide customer base, which includes a number of major international OEM companies.
Clarendon has achieved rapid growth in overseas sales, with export sales increasing from £3.6 million in 2016 to £6.4 million in 2017, and £8.6 million in 2018, representing a total increase of 140% over the three year cycle. The top export markets are Italy, France, Germany, South Africa and Thailand.
Clarendon plans to continue on its growth trajectory and achieve substantial further increases in export sales. It is already in the process of establishing physical locations in Germany, Thailand and the US to further develop strong relationships with customers in these geographies.
“We are honoured to receive the Queen’s Award for International Trade, and it serves as a testament to all our employees – without their sheer determination and hard work, we would not be in this position today,“ says John Hunt, Managing Director of Clarendon Specialty Fasteners.
Paul Sanders, Sales Director of Clarendon Specialty Fasteners, says “This award comes at an exciting time for Clarendon as we extend our global footprint into new markets, and is the UK’s highest accolade for business.”