Section 172 Statement

Promoting the success of the company

The company was started by Arthur David in 1962 and celebrated its 62nd anniversary in the year. The company has continued to be controlled and run by the David family over that period and is proud of the way in which it has grown, developed and provided employment, training and financial reward in the local area for both its owners and employees.

The directors believe that the long-term success of the business is linked to the promotion of five “Core Values”. It actively engages with employees to live these values of Customer Service, Quality, Excellence, Teamwork and Respect. This also drives relationships with customers, suppliers, the local community and the wider economy and world in which we operate.

The directors are always seeking to add value, improve efficiencies, control costs and grow profits and market share and aim to make decisions for the long-term future and success of the business. The company has also improved the way in which it communicates with employees to keep them up to date with the performance of the business.

Sustainability and social responsibility

The company is aware of its wider social responsibility to minimise waste, reduce energy usage and promote recycling and has recently set some challenging longer-term objectives around this. The directors will constantly monitor and adapt the business’ processes to hit these targets. It will ensure that the business considers the impact of its actions on the wider environment and continues to source products locally where possible.

The business recently launched the “Arty Community Foundation” where it continues to support local charities such as “One Community Trust”, “The Mazi Project”, “Billy Chip”, “The Matthew Tree Project”, “St Peter’s Hospice” and “Community of Purpose”. The company also supports and donates food, employees’ time and funds to various other local charities and good causes as it continues to increase its community engagement.

The firm has also spent time looking at longer term succession planning and started a year long “Leadership Team” training programme in January 2024 for middle managers to give them the skills and confidence to support the Board of Directors in running the business in the future.