Profits from protection - a great example of entrepreneurial skill
Sunday, December 21, 2008
Print
Email
Tweet This!Save to Favorites
Recommend on Google+
A fascinating, though brief article in The Sunday Times today about a Yorkshire entrepreneur who has created a stunning success story with a product much in demand in some of the most dangerous places on earth…
The article describes how former miner Jimmy Heselden has generated substantial profits from his innovative civil engineering products. His company Hesco Bastion made profits last year of £31m on £196.5m turnover compared with a profit of £13.4m on £81.6m the year before.
According to the Hesco Bastion website:
“Since 1989 HESCO Bastion Ltd has been developing and manufacturing Concertainer® units for the purposes of force protection, flood protection and erosion contol. Concertainer units have become the most popular means within the military of protecting personnel and facilities against secondary fragmentation, saving countless lives and mission critical assets.”
A quite stunning export success story.
blog comments powered by Disqus
Manufacturing strategy: Is China losing its competitiveness? [29 Jan 2012]
Technological change: 3-D printing promises a new industrial revolution [28 Jan 2012]
Revision Presentation - Workforce Planning [26 Dec 2011]
Characteristics of an entrepreneur - Fil Adams-Mercer [13 Dec 2011]
Time for this Dragon to Cut Costs to Keep his Health Clubs Fighting Fit [11 Dec 2011]
The Rise and Fall and Rise of Gerald Ratner [27 Nov 2011]
Cut price cup cake deal goes wrong…... [22 Nov 2011]
How we made our millions: Michelle Mone and Richard Reed under the spotlight [10 Nov 2011]
Unilever hit by rising costs [6 Nov 2011]
Lets Teach Kids to be Entrepreneurs [3 Nov 2011]
How PepsiCo are trying to control diseconomies of scale [18 Oct 2011]
Applying for a Franchise [6 Oct 2011]
Profits dive and put pressure on liquidity - the Distress Monitor [29 Sep 2011]
Revision Presentation - Risks and Rewards to Enterprise [7 Sep 2011]
Revision Presentation - Adding Value [7 Sep 2011]
Revision Presentation - Objectives of New Businesses [6 Sep 2011]
Revision Presentation - Enterprise Skills [6 Sep 2011]
The puzzle of rising profits [5 Sep 2011]
Insights from an Entrepreneur - Lara Morgan (Pacific Direct) [5 Sep 2011]
Debunking the myths of entrepreneurs and startups - a must read [28 Aug 2011]
Entrepreneurs and Calculated Risks [25 Aug 2011]
Tim Harford on why it its good for new businesses to fail [16 Jul 2011]
British manufacturer exploiting a niche [21 Jun 2011]
Evan Davis ‘Made in Britain’ - and a new trade data tool to play with [21 Jun 2011]
Kate & Wills - A Short-term boost to demand [9 Apr 2011]
Partners in profit - the JLP way [10 Mar 2011]
Protection for the endangered pasty [23 Feb 2011]
Introducing a new kind of business organisation - the benefit corporation [17 Feb 2011]
CSR - What is “Creating Shared Value”? [16 Feb 2011]
Michael Porter - Shared Value and the Limitations of CSR [15 Feb 2011]
Commodity prices in action - soaring Copper [6 Feb 2011]
CSR - The Classic Milton Friedman Clip [5 Feb 2011]
Insights from an Entrepreneur - Kirsty Henshaw (Worthenshaws) [8 Jan 2011]
Q&A - What is “profit quality”? [7 Jan 2011]
From crisps to vodka - a profile of a down-to-earth entrepreneur [7 Jan 2011]
Introducing the “austerity” entrepreneurs [4 Jan 2011]
Bangers for Cash - Giveacar and Social Enterprise [4 Jan 2011]
Celebrating the Everyday Entrepreneurs [29 Dec 2010]
BUSS1 Revision Quiz - Sources of Finance for a Startup [13 Dec 2010]
Dominos Pizza - Growth & Strategy (Part 3) - Smart Marketing [26 Nov 2010]
Dominos Pizza - Growth & Strategy (Part 2) - Innovation, Service and Smart Operations [26 Nov 2010]
Dominos Pizza - Growth & Strategy (Part 1) - Driving Competitive Advantage [26 Nov 2010]
Cash flow Clue-doh! The Mystery is Revealed… [2 Nov 2010]
Start-ups - a surge in new businesses post recession [2 Nov 2010]
Profits up at Amazon - but so are costs [22 Oct 2010]
Hilary Devey - Profile of an Inspirational Entrepreneur [22 Oct 2010]
Making the FT Brand Sweat! [19 Oct 2010]
Analysing the Business Data - Marriage in Decline [19 Oct 2010]
Google, Profits and Diversification [16 Oct 2010]
How to start a toy shop [12 Oct 2010]
Insights from an Entrepreneur - Laura Tenison (JoJo Maman Bebe) [11 Oct 2010]
Insights from an Entrepreneur - Fraser Doherty (SuperJam) [10 Oct 2010]
Insights from an Entrepreneur - Will King (CEO King of Shaves) [10 Oct 2010]
Business structure in the UK - the rise of micro companies [21 Sep 2010]
Who ate all the pies? [17 Sep 2010]
Strategy in Action - Crocs Comes Back from the Dead [4 Sep 2010]
Why we should encourage our students to start a business at university [1 Sep 2010]
Recession Strategy - Manufacturing Emerges Leaner and Fitter [25 Aug 2010]
Lesson Worksheet - Classification of Business [13 Aug 2010]
Lesson Worksheet - Adding Value [10 Aug 2010]
Lesson Worksheet - Enterprise & Entrepreneurs [9 Aug 2010]
Lesson Worksheet - Gross Profit Basics [5 Aug 2010]
Essential business reading for the summer! [5 Aug 2010]
Lost in translation - demand from public sector to dry up? [4 Aug 2010]
Nissan profits from a recovery in demand [30 Jul 2010]
Demand for Foreign Holidays Takes a Sharp Dip [14 Jul 2010]
World Cup 2010 Business Winners and Losers [13 Jul 2010]
Entrepreneurs LIVE! 2010 - THE Enterprise Event for Students in 2010 [1 Jul 2010]
New BBC Resource: Start Up Stories [25 Jun 2010]
BUSS4 - Recession Strategy Lessons from Four Female Entrepreneurs [6 Jun 2010]
Rajeeb Dey to Speak at the 2010 Business Teacher National Conference [3 Jun 2010]
Emerging from Recession - Manufacturing Leads the Way [1 Jun 2010]
British vodka beats the world! [19 May 2010]
Airlines founder plans a shareholder revolt [16 May 2010]
BUSS4 UK Recession - Data Burn [15 May 2010]
Profit seeking paradoxes in an oblique world [15 May 2010]
The dangers of focus on one product [9 May 2010]
How to make a million before lunch! [12 Apr 2010]
Corus chief calls for more government funds for the economy [8 Apr 2010]
Recession Survival Strategies Cost UK SMEs £16bn [31 Mar 2010]
BUSS4 Research - a Corus of Disapproval [1 Mar 2010]
Entrepreneurial success - Cath Kidston bucks the recession [25 Feb 2010]
Managing a recruitment business through the recession [16 Feb 2010]
Amazing Production Video [15 Feb 2010]
Taking Demand-based Pricing To Extremes [8 Feb 2010]
AQA BUSS4 Section B Practice Question - Dyson [7 Feb 2010]
Video case study - substitute goods benefiting from the recession [1 Feb 2010]
Strategy in a recession - Fusion Systems [1 Feb 2010]
Business priorities in a recession [1 Feb 2010]
Revision Presentation - Profit and Cash [30 Jan 2010]
Revision Presentation - Improving Profit [30 Jan 2010]
Revision Presentation - Measuring Profit [30 Jan 2010]
Demand and Supply in Sction - Haggis [25 Jan 2010]
Product, pricing and profitability in a changing market [20 Jan 2010]
OECD stats on entrepreneurship [11 Jan 2010]
Revision Quiz - Profitability & ROCE [6 Jan 2010]
Revision Presentation - the Basics of Profit [30 Dec 2009]
Revision Presentation - Revenues and Demand [30 Dec 2009]
Video Case Study - Luxury Sound Maker Ditches CDs [4 Dec 2009]
Outdoor Ice-skating heads firmly down the product life cycle [3 Dec 2009]
BUSINESS TEACHER RESOURCE NEWSLETTER
Get first news of business teaching resources, ideas and other materials from tutor2u. Over 9,400 business teachers from the UK and around the world receive our regular teacher email newsletters. Sign up for free here!
Popular Topic Tags
recession, demand, prices, price, unemployment, profit, economics, costs, investment, inflation, supply, employment, trade, competition, gdp, risk, china, debt, euro, entrepreneur, capacity, production, downturn, innovation, tutor2u, revision, pay, exports, manufacturing, confidence, profits, food, incentives, banks, strategy, globalisation, aqa, expectations, oil, csr, usa, startup, retailers, housing, productivity, sterling, supermarkets, google, economies of scale, mortgage, takeover, cash flow, advertising, quiz, leadership, property, buss4, tesco, economic growth, video, efficiency, enterprise, motivation, stakeholders, apple, deflation, corporate social responsibility, ebea, market share, airlines, pricing, taxation, slowdown, bank of england, acquisition, merger, market failure, borrowing, competitiveness, sustainability, product life cycle, interest rates, credit crunch, budget deficit, aqa business studies, facebook, twitter, aqa business, bbc, nelson thornes, philip allan updates, starbucks, philip allan, monopoly, diversification, recruitment, organic growth, stocks, training, oligopoly, starter activity, shareholders, uk economy, poverty, emerging markets, dollar, government failure, retailing, management, suppliers, buss1, marketing mix, tim harford, cpi, branding, opportunity cost, breakeven, government spending, hodder education, vat, product, customer service, eu, losses, wages, evaluation, india, external growth, wealth, environment, edexcel, location, promotion, technology, information failure, business studies revision, sources of finance, franchise, aqa gce business, elasticity, regulation, spare capacity, welfare, jobs, economic cycle, marketing, zondle, strategic direction, british airways,View all tags for the Business Blog
