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TUDOR ROSE INTERNATIONAL LIMITED (formerly Hartim Limited)

Tudor Rose International works closely with a number of leading UK branded fast moving consumer goods companies, offering a complete sales, marketing and logistical service.  Based in Stroud, Gloucestershire, Tudor Rose International sells into 78 countries worldwide including USA, Spain, Portugal, Italy, Czech Republic, Russia, Turkey, South Africa, Saudi Arabia, UAE, Malaysia, Australia and China.

Western currently holds 49.5 per cent of Tudor Rose International’s issued ordinary share capital.

In addition, Western has provided loans to Tudor Rose International and its directors to support its continuing growth.  £250,000 of these loans was repaid by Tudor Rose International in December 2016 and in February 2017 Western subscribed for £1,000,000 redeemable preference shares in Tudor Rose International at a par value of 1p per share. These share were subscribed for by concerting Western’s existing loan to Tudor Rose International of £500,000 and paying a further £500, 000. Western has also made available to Tudor Rose International a working capital facility of £500,000 which has been fully drawn down.

Since the acquisition of Western’s shareholding in 2008 we have overseen the retirement of the business’s managing director and finance director and the recruitment of a new finance director (subsequently promoted to managing director) and a new commercial director. With the introduction of a state of the art management information system on our watch, the new management team have the tools to drive the success of this business.

Mr. E J Beale and Mr D C Marshall are non-executive directors of Tudor Rose International.