A SCOTTISH firm which is helping manufacturers cut costs, dramatically reduce energy usage and improve health in the workplace is on target to achieve a remarkable 90% growth rate in the 12 months to June this year.
The spectacular growth trajectory by Ayrshire-based Compliance LEV, which specialises in Local Exhaust Ventilation (LEV), comes on the heels of a similar stand-out performance in the year to June 2022, in which it increased revenues by 75%.
The accelerating rate of expansion has prompted the six-year-old specialist to start work on a new factory to meet demand, which is expected to be ready around the time in the summer that it confirms its results.
Growth has been catalysed by Compliance LEV’s development of a revolutionary Oil Mist Solution for CNC machines such as drills, lathes, mills and grinders which cuts power consumption by between 47% and 68%.
Founder Kevin Simmonds said: “The rocketing costs of energy, and the global threats to its availability over the past year, have focused everyone’s minds on security of energy supply as well as finding every possible avenue to reduce consumption.
“The enormous savings which we have demonstrated, and independently verified on more than 200 installations, have clearly caught the attention of the CNC sector and have driven unprecedented levels of new business our way.
“As a consequence, we are absolutely confident that the 90% growth rate will be achieved and that we will be able to continue serving a market which is rapidly expanding, driven by efficiency imperatives and new areas of enterprise.”
Oil Mist filtration captures the mist and fumes from metalworking fluids used as lubricants or coolants which otherwise could create a health hazard, coat machinery and damage the environment if released into the atmosphere.
Compliance LEV’s solution results in an 80% reduction in CNC machine downtime and a 90% reduction in filters which would otherwise be going to landfill. Clients are seeing a one- to two-year return on their investment.
Founded in 2017, the company has specialised for the last six years in testing and maintaining systems and reviewing customer facilities for compliance with LEV regulations. It incorporates a design review into its examination and test phase and its project team rectifies any non-compliance.
As well as extraction for the metalworking industry, it deals with wood dust, titanium dust, chemicals, respirable crystalline silica, soldering, organic and weld fumes. It works with some of the UK’s largest engineering and pharmaceutical companies and also has clients in sectors as diverse as food production, paper manufacturing, quarrying and aerospace.
