A West Midlands patternmaker recently published a market update and posted it on their website. We were intrigued and wanted to find out more behind the rationale for doing it and the methodology they used. We contacted Central Patternmaking in Willenhall to find out more.

Matthew Sawbridge is the MD and he explained, “It’s been a full-on couple of years for our foundry customers: Brexit; crowded supply chains; COVID-19. So it’s unsurprising that procurement has been impacted.

“And we believe in creating value for our customers and the wider manufacturing community. That means giving anything we can that is useful or interesting. That’s not just tools and patterns – it’s also tips and advice.

“To that end, we thought providing an insight into our industry will help when selecting suppliers. We hope it’s useful to the buying process.

“We also hope that by making this data available to everyone, we’re doing our part in making the manufacturing world more transparent and mutually beneficial.”

Small company data is hard to come by as you don’t have to submit full accounts to Companies House until you reach any two of £10.2m turnover, £5.1m balance sheet value or 50 employees. Most patternmakers are therefore exempt from reporting their profit and loss. What you can get though is the balance sheet value and the employee count – both included in the shorter form of reporting that is required.

Central Patternmaking have been tracking this data for several companies in the sector to give a picture of the range of sizes of companies, and the changes from one year to the next. It results in this interesting picture that we reproduce here with their permission.

You can download the report, and sign up for future updates using this quick link: bit.ly/Patternmakers