A HIGH-TECH Coventry company Embed Limited has been handed the most prestigious business accolade in the UK – the Queen’s Award for Enterprise in International Trade, writes Holly Martin.
Lord Lieutenant of the West Midlands John Crabtree OBE, Her Majesty The Queen’s representative in the region, presented it to the firm at its offices at the University of Warwick Science Park.
The company designs original electronic components and software for a variety of automotive manufacturers including Jaguar, Gordon Murray Automotive and McLaren.
More recently it has worked for companies in the electric vehicle market such as Volta Trucks and Rivian, backed by Ford and Amazon.
Embed Limited learned of its Queen’s Award in April, coming on the back of a staggering growth in overseas sales of 1,082 per cent with exports now making up 66 per cent of the company’s overall turnover.
As well as the Lord Lieutenant, Coventry South MP Zarah Sultana and representatives from the Coventry and Warwickshire Local Enterprise Partnership, the Coventry and Warwickshire Chamber of Commerce and the University of Warwick Science Park were also present.
Mr Crabtree said: “This really is the ultimate accolade and the evidence shows being a Queen’s Award winner boosts sales and is a great way of helping to recruit and retain staff.”
The company has been supported in its growth by the Science Park from the outset when it was founded after the collapse of MG Rover.
It has also been assisted by the CWLEP Growth Hub, which helped Embed access funding for a recent office extension and has also provided support with skills and recruitment.