Turnover has risen at a Liverpool-headquartered tattoo equipment supplier, which distributes its products across Europe and beyond, despite “abnormal trading conditions.”
Killer Ink is a company that was founded in 2008. It offers a range of products, such as grips, tips, and disposables. They also supply furniture, hygiene products, and aftercare.
It is also the most prominent global distributor of Stigma-Rotary Tattoo Machines and the leading European supplier of Hustle Butter Deluxe, EGO Rotary, and Hustle Butter Deluxe.
For the year ended 30 June 2022, turnover increased from £47.3m to £48.5m, although profit dipped slightly from £9.3m to £9.2m.
The company stated that the impact of the Covid-19 Lockdowns had begun to diminish during the period. However, at the beginning of 2022, new EU REACH Regulations will be implemented for tattoo inks, which “once again, resulted in abnormal trading due to a shortage of supply.”
The most significant impact of the regulation was felt at the beginning of 2022.
In an accompanying report, Killer Ink stated: “We were first in line when the compliant pens became available, and as time went on, the situation improved.”
“We have become accustomed to this new regime following Brexit, and the stock movement between our UK warehouses and German DC was very smooth.”
Risks regarding the undersupply of inks have now been “completely mitigated” following a partnership with the Body Art Alliance – which manufactures fully compliant inks and pigments.
The company added that “generally, supply chains are robust and back to their normal state.”
Comment and share the article.
Leave a Reply