As the UK appears to be leaving the European Union with no free trade deal in place, we are working with suppliers and customers to ensure a seamless transition. In addition to using manufacturers from across the EU, Cleveland Cable Imports and exports goods globally every day under WTO regulations.
We trade across some of the most complex customs borders around the world including Russia, Kazakhstan, India, and Azerbaijan to name a small number of our destinations. We are therefore confident in our ability to meet the demands of this uncertain but surmountable challenge.
Cleveland Cable Company (Ireland) Limited is a separate trading entity deliberately set up and registered in Dublin in 2016 specifically to deal with the problems that may arise due to the departure of the UK from the European Union. The Dublin site represents €6,000,000 investment in our 4.4 acre site with 52,500 square foot of warehousing and secure storage yard at Poppintree Industrial Estate, Dublin
In line with our ISO 9001:2015 accreditation, we have been carrying our continued assessment of the effects of Brexit since the UK referendum result was announced in 2016. As a free trade deal with Europe is looking more and more unlikely, we have carried out on site and desktop audits with our major suppliers to ensure that whatever the form of the final Brexit we are unaffected as far as is possible.
This is an ongoing process of Audit, Assessment, Review and Action, and will carry on throughout the Brexit negotiations and beyond. Cleveland Cable Company has undertaken management risk assessments and will continue to do so up to and beyond the end of December 2020 through the transition period. We have identified areas in which we may be affected and have either mitigated those effects or have contingency plans in place to minimise the effect of the UK leaving the EU with or without a trading deal.
Download our Brexit Statement here.