Oldham outfit Clear Value Trading achieves King’s Award for Enterprise

The team at Oldham based delivered wholesaler CVT (Clear Value Trading) who are celebrating after being awarded a King’s Award for Enterprise for International Trade

An Oldham wholesale business, which specialises in supplying branded toiletry and household items to other wholesalers and retailers throughout the UK and around the world, has been honoured with a King’s Award for Enterprise for International Trade.

Clear Value Trading (CVT) is one of 197 organisations nationally to be recognised with a prestigious King’s Award for Enterprise, which includes several categories including international trade.

Over the past several years in particular, CVT has developed its international market significantly and exporting now accounts for more than 63% of its business.

This has largely been achieved through the way the company has adapted to the UK’s new trading relationship with the European Union, and by building its customer base throughout the Asia-Pacific region in countries including Singapore, Australia and New Zealand.

CVT is a ‘delivered wholesaler’ which sources products such as face wipes, handwash, toothpaste and cleaning products from a network of supply partners and manufacturers based around the world.

These are made available to its customers including discount stores, chemists, newsagents, convenience stores, online retailers and large retail chains, as well as other wholesalers.

Matthew Sowerby, Director of CVT, said: “We’re absolutely thrilled to be honoured with a prestigious King’s Award for Enterprise for International Trade.

"Our team has worked hard to grow our market outside the UK for many years, but it is particularly pleasing to have been able to do so and exceed our goals during an uncertain period for global trade.

“Due to the nature of retailing in the UK, and increasingly in other countries, the market is fiercely price sensitive.

"And, as SMEs like us do not have the buying power of the major retailers, it can be difficult for smaller players to compete.

"That’s why we are so proud to have achieved sustained growth since we formed the business and, with the expansion in our international market, we believe there is still enormous potential to increase our customer base further in the years to come.”

The King’s Awards for Enterprise, previously known as The Queen’s Awards for Enterprise, were renamed in 2023 to reflect His Majesty The King’s desire to continue the legacy of HM Queen Elizabeth II by recognising outstanding UK businesses.

The Award programme, now in its 59th year, is the most prestigious business award in the country, with successful businesses able to use the esteemed King’s Awards Emblem for the next five years. 

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