FW Thorpe plc

Description

FW Thorpe plc is a UK-based company that designs, manufactures, and supplies professional lighting systems. It was founded in the year 1936, and initially designed and manufactured only vitreous enamelled steel reflectors, and its headquarters were situated in Birmingham. In 1989, it shifted its headquarters to Redditch, United Kingdom, and has been expanding the Redditch manufacturing facility till today. The Redditch facility now contains an in-house registered photometric laboratory and a self-contained factory covering 16,882 square meters. The first acquisition of the company was in 1990 when it acquired Mackwell Electronics, and it has continued acquiring more companies since then, including Philip Payne, Solite Europe, Portland Lighting etc.  The company got listed publicly on the London Stock Exchange in 1965 and was transferred to Alternative Investment Market (AIM) of the London Stock Exchange in 2005. It is a member of the Lighting Industry Association UK.

The company operates across the UK, the Netherlands, other countries in Europe like Ireland, Spain, Germany, as well as in UAE and Australia. It has a skilled and qualified workforce of over 600 people who help in delivering the high-quality products of the company across its area of operation. It covers a wide variety of sectors across different geographical territories, to create a truly diversified portfolio and minimize the risk of losses due to market fluctuations, while maximizing the returns for all stakeholders, including shareholders, employees, and customers. The sectors it covers include commercial, industrial, education, healthcare, infrastructure, hospitality, hospitality, housing, research, and development etc. It focuses on long-term sustainable growth while providing market-leading products with an exceptional 24X7 customer service. It basically operates through 8 segments depending upon the customer base and the product demand. These include Thorux Lighting, Philip Payne, Solite, Portland Lighting, TRT Lighting, Lightronics, Luxintec, and famostar.

FW Thorpe plc follows a well-defined framework of corporate governance and aligns itself with the Quoted Companies Alliance (QCA) Corporate Governance Code. It has an ethical code of conduct for running its business operations and it promotes a culture of trust, transparency, and accountability. Apart from fulfilling its corporate responsibilities, the company also fulfils its environmental and social responsibilities as well.

It has incorporated sustainability as an integral part of its business model and focuses on sustainable products and business solutions to reduce its carbon footprint. It takes into consideration the manufacturing process as well as the impact of the products on the environment, and to compensate for the emissions release in the process it came up with an ambitious carbon-offsetting scheme in 2009. The scheme aims at planting trees and creating a carbon sink and is now accredited under the Woodland Carbon Code.