Parcel2Go explained

Parcel2go.com Limited
Type:Private
Location:Bolton, Lancashire[1]
Key People:James Greenbury (CEO)
Founder:Fil Adams-Mercer
Richard Adams-Mercer
Steven Kramer
Industry:Parcel delivery comparison website
Num Employees: 230[2]
Homepage:www.parcel2go.com

Parcel2Go is a British parcel delivery comparison website providing comparisons of domestic and worldwide postage options from a range of providers.[3]

History

The company was founded in 2000 by father and son Fil and Richard Adams-Mercer together with colleague Steven Kramer.[4] Fil claims he had the idea for an online parcel business while on holiday and bought the "Parcel2go" domain name for £120.[5] Fil also noticed that neither United Parcel Service nor DHL were offering online access to their courier parcel services at the time.[5]

In 2009 it announced a turnover of £11.6 million.[4] In September 2017 the Parcel2Go merged with National Pallets of Heathfield, East Sussex, the expected benefit for National Pallets being improved IT support, whilst giving Parcel2go an option to offer customers a pallet service for larger deliveries.[6] In November 2019 the company launched a £500,000 fundraising attempt on Crowdcube.[7] A management buyout was backed by Mayfair Equity Partners.[8]

By 2019 the number of employees had risen to 230,[2] and annual turnover to over £100 million.[3]

Notes and References

  1. Web site: Price comparison firm Parcel2Go launches crowdfunding bid. Manchester Evening News. 8 January 2018. 7 November 2017. Stuart. Greer. https://web.archive.org/web/20180108233503/http://www.manchestereveningnews.co.uk/business/business-news/price-comparison-firm-parcel2go-launches-13867918. 8 January 2018. live.
  2. Web site: Post Office rival Parcel2Go delivers stake to Mayfair. Sky News. 4 December 2019. 3 December 2019. Mark. Kleinman. https://web.archive.org/web/20191204012750/https://news.sky.com/story/post-office-rival-parcel2go-delivers-stake-to-mayfair-11877421. 4 December 2019. live.
  3. Web site: Bolton parcels firm posts £100m revenues for first time. The Bolton News. 22 October 2019. 21 October 2019. Peter. Magill. https://web.archive.org/web/20191022054632/https://www.theboltonnews.co.uk/news/17981892.bolton-parcels-firm-posts-100m-revenues-first-time/. 22 October 2019. live.
  4. Web site: Parcel2Go reveals record turnover. Post & Parcel. 15 November 2017. 25 May 2010. https://web.archive.org/web/20171115201520/http://postandparcel.info/33358/news/parcel2go-reveals-record-turnover/. 15 November 2017. live.
  5. News: Clarke. Jody. 5 June 2009. Fil Adams-Mercer: ‘If you’re ballsy, you’ll make money’. 11 December 2019. MoneyWeek. Dennis Publishing Limited. https://web.archive.org/web/20191211211537/https://moneyweek.com/31179/fil-adams-mercer-if-youre-ballsy-youll-make-money-43833/. 11 December 2019. live.
  6. Web site: Parcel2Go merge with National Pallets. tamebay.com. 15 November 2017. Chris. Dawson. 27 September 2017. https://web.archive.org/web/20171115143836/https://tamebay.com/2017/09/parcel2go-merge-national-pallets.html. 15 November 2017. live.
  7. Web site: Parcel2Go launches fundraise on Crowdcube for customers. Ingrid. Smith. 8 November 2017. 12 December 2019. WhatInvestment.co.uk. live. https://web.archive.org/web/20191212085922/https://www.whatinvestment.co.uk/parcel2go-launches-fundraise-on-crowdcube-2554539/. 12 December 2019 .
  8. Web site: Mayfair to become majority shareholder in Parcel2Go. 4 December 2019.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Parcel2Go".

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