Parcel2Go, Coe Street, Bolton

IN just five years, online delivery company Parcel2Go.com has delivered growth, increased profits and boosted customer volume.

As other businesses go to the wall, Parcel2Go has expanded and now employs around 30 staff at its headquarters in Coe Street, Bolton.

Parcel2Go.com says a huge surge in business looks set to take its turnover this year to close on £11 million, with £12 million predicted next year and £30 million by 2013.

Parcel2Go allows people access to sending a parcel at rates which would normally only be available to large businesses with large volumes.

The company was set up five years ago by father and son team, Fil and Richard Adams-Mercer.

Fil Adams-Mercer said: “We feel that many people will be using Parcel2Go.com in the coming year as the recession bites and they start rummaging in their garage and selling items on eBay.”

The company is in an exceptionally good financial position, with no debts or expensive leases or rents and is sitting on a cash pile of around £1.5 million.

The company now has a database of 750,000 customers and gets around one million hits a day on its website, while sales and enquiries from Europe have grown as the pound has plummeted.

It has developed its own software to run its systems and has set up partnerships with Google and eBay to help get its website and services noticed.

The firm has struck up partnerships with the world’s leading delivery companies, including FedEx, DHL, UPS, Parcelforce and City Link.

Sales director Steven Kramer said: “The main reason that Parcel2Go doesn’t show the profit which the business is potentially able to do is down to the philosophy of the management team — the focus of the business has been to create growth and the greatest percentage of market share.”