Film location services group Supply 2 Location has announced its yearly trading statement and confirmed it is in negotiations to open its first international depot.  
 

Following a management buyout in June 2022, the company’s turnover for the year ending 31 May 2023 was £10.2m, an 18.4% increase on the previous year, maintaining the four-year growth pattern. 

Supply 2 Location’s success has been buoyed by the opening of more regional hubs: in December the company opened a northern depot, followed soon after by its second Scottish depot at Pioneer Studios and a seventh depot serving the Midlands. 

CEO James Williams (pictured left), acknowledged in a statement that the current strike action in the US was having an impact on the supply chain infrastructure and technical operations, saying: “This will have a far-reaching financial impact around the globe, and we can only hope that it is quickly resolved. 

“Our Group’s exposure to this is mitigated by our broad UK customer base and our diversification into infrastructure support and maintenance including generator refurbishment for major UK blue-chip organisations, which continues to expand weekly.”

Williams also confirmed that Supply 2 Location is currently in negotiations to open its first international depot, adding: “Whilst at the feasibility stage, it is an exceptional opportunity and would represent a significant step forward in our business development plan.”

The company’s capital expenditure remained in line with the previous year at £1.5m, with a strategy of reinvesting in equipment including “environmentally-friendly plant, Stage V generators and battery solutions.”

Recent projects supported by Supply 2 Location Group include Indiana Jones and the Dial of Destiny, The Batman, Mission Impossible – Dead Reckoning, Outlander, The Rig and The Witcher. 

Images via: Supply 2 Location Group.