Queen’s Award winner Superyacht Tenders & Toys (SYTT) was awarded the British Marine Trades Association Business of the Year Award during a celebratory dinner in Southampton on 26th March.
Selected from the entries by a panel of judges, SYTT fulfilled the award criteria of a business ‘showing excellence in 2018’.
SYTT managing director Josh Richardson commented, “The company’s success is down to our dedicated staff and the specialist consultancy and project management we offer to the world’s most advanced superyachts. It’s fantastic to have the recognition for all the hard work we are putting in to the business.”
In 2018, SYTT won British Marine’s Best Employer Award and placed 45th in the Sunday Times Lloyds SME Export Track 100. Last year, the company grew sales by 38%, employed five more UK staff and increased the size of its premises. Export accounts for 95% of the business with global sales coming from Brazil, Australia, NZ, USA, Middle East and Europe.
Also in 2018, SYTT commissioned and managed the world’s deepest diving personal submersible ever to go onto a superyacht, and commissioned 21 custom tenders to UK manufacturers.
SYTT senior project & sales manager Richard Booth collected the award and said, “Thanks must go to the British Marine Trades Association for organising a fantastic evening. Whilst the majority of our business is exporting, it’s hugely beneficial that we have the opportunity to share insight and collaborate with companies in the UK.”