Exchange rates £GBP – € EURO

We are often asked by clients if we can invoice in Euros which is of cause possible, however all our prices are calculated in GBP (£) as we know this is the most economical way clients can pay us. If we invoice in Euros what we would have to do is calculate our costs at a rate that will take into account currency fluctuation, so for example as of today the rate from GBP – Euro is £1 = €1.18. If we invoice clients we would have to make this rate at 1.25/1.30 and for account clients they will not pay for minimum of 30 days+ so if paid in GBP then the rate may have gone down from 1.18 or not gone up over 1.20/1.25 which will mean you will be paying more for every GBP spent with us.

We have seen other companies fixing rates which are at around 1.18 to 1.35. Over all orders especially large orders this makes a very big difference in your calculations, and pushed product prices up dramatically.

Promotor Manufactured in the UK?

We are often asked where do we get our Promotor products manufactured and the answer is simple, as everything we market and sell is designed in house and manufactured by us at our factory and warehouse in Royston, Hertfordshire (UK)

With the ever growing trend in our industry of importing components and products from China and selling them from warehouse facilities in the UK. Of cause this is not a bad idea, but gladly we decided to continue with our own manufacturing, as we have grown in our industry by having the range of Promotor products and offering the flexibility as well as the quality and service, we did not think we could keep this going if we had decided to have our products made for us in China. The other advantage is that we do not run out of stock as if we don’t have it on the shelf ready to go we can manufacturer products quickly from our large stocks of raw materials this proving very important in this current climate.

So again are Promotor products made in the UK? The answer is yes we make them, please see pictures on our web-site as well as you are more than welcome to come and see us so we can show you around our showroom (our factory) ….