Come and hear a remarkable story about a remarkable business

The remarkable story of how MD Paul Jackson established the £4.5m turnover company Forward Composites from the ashes of Lola Composites - which went into administration in May 2012 - is the subject of the next Cambridge Network Business Lecture on Tuesday May 20th.

In just one year the new company has over 85 employees, after starting with just three; a turnover of more than £4.5m, and most recently Paul has been awarded Cambridge News 'Business Person of the Year'. 

Establishing a new company is always hard work, and a key component in the new business plan for Forward Composites was to win a major defence contract for Unmanned Air Vehicles (UAVs). Although he was always confident that the team he had in place was capable of delivering, Paul realised that it would be a major challenge to convince the customer to place the business with such a new company.  His dogged determination and work ethic have always been hallmarks of his career and these paid off once more as he was awarded the £3.2m contract in April 2013, followed by further  significant contracts with major players in the aerospace, automotive and motorsports industries.

Open to all Cambridge Network members, the event next Tuesday (May 20th) takes place from 6.00pm - 8.30pm  at The Hauser Forum, 3 Charles Babbage Road, Cambridge CB3 0GT. Sign up here.

About Paul Jackson
Paul began his career in the composites industry as an apprentice pattern maker in his uncle’s business in 1982.  He has had numerous roles since then including Project Manager, Sales Executive and, more recently, Commercial Director at Lola Group.  When Lola went into administration in May 2012 Paul was appointed temporary Managing Director by the Administrators before setting up Forward Composites in March 2013. 

About Forward Composites
Although Forward Composites is a newly-formed company, their highly-skilled workforce is comprised largely from staff who previously worked at Lola Composites. The company specialises in making composites for the aerospace, defence, communications, automotive, motorsports and renewables industries.  Find out more about their work on their website at http://www.forwardcomposites.com/ 

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