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The Society of London Manufacturers
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Colourite Metal Treatments increase turnover by 80% and make energy savings

Dagenham based Colourite Metal Treatments received a costing system overhaul that has not only increased their turnover but has resulted in an energy saving of 12%.  The company employing seven specialises in anodising and metal finishing and work with a wide variety of products, from automotive parts to sculpture to architectural pieces.

They needed advice on developing a new product costing system in order to accurately allocate variable and fixed costs to each job. 

Says Mike Byrne MD of Colourite Metal Treatments, “We needed an accurate costing system in order to calculate which jobs were making us profit and which were losing us money. We called in the help of the Soloman East Limited who were working with the London Manufacturing Advisory Service (MAS).”

The changes in the costing system enabled the company to make pricing decisions and improve financial control resulting in an increase in profitability, turnover and value added.  After putting into place a working costing system we performed a lean diagnostic and calculated that Colourite Metal Treatment’s biggest cost was energy. We introduced a number of lean techniques and reduced their scrap and defect rate by 50%, reducing energy costs by 12%.”

MD of Colourite Metals Mike Byrne said, “This is the best programme we have ever been involved in, the results are amazing and we have seen rapid improvement in profit.”

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 This is the best programme we have ever been involved in, the results are amazing and we have seen rapid improvement in profit. 

Mike Byrne, MD
Colourite Metal Treatments
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