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2.19 Brexit Readiness Questionnaire

On 29 March 2019, the UK will cease to be a member of the European Union. This questionnaire is designed to assess how Camlab has considered the high level impacts of Brexit to the business, and the continuity of providing goods and/or services 


2.19 - Has the company carried out an initial risk assessment of the impacts of Brexit against each of the following areas - YES


2.19.1 Changes to the customs procedures for both exports and imports following Brexit and possible effects on cash flow and payments processing - YES


2.19.2 Possible changes to common standards ceasing to apply following Brexit e.g. EASA and REACH - YES, no initial impact

(EASA IS THE EUROPEAN AVIATION SAFETY AGENCY. REACH IS REGISTRATION, EVALUATION AND AUTHORISATION OF CHEMICAL HAZARDS. OTHER COMMON STANDARDS APPLICABLE TO THE BUSINESS SHOULD ALSO BE CONSIDERED) 


2.19.3 The effects of currency fluctuations and increased cost of manufacture, transport or storage following Brexit - YES


2.19.4 Effect on the company's operations caused by changes in the rights to live and work in a particular State, as well as changes to travel restrictions and the consequent effect on key staff and resource following Brexit - YES


2.19.5 Disruption to the company's supply chain including changes to manufacturing lead times and the vulnerabilities of suppliers and sub-contractors following Brexit - YES, this is the most likely consequence to affect customer continuity of supply. Risk assessment done. Actions being implemented to mitigate this.


2.19.6 Changes to legal status of the company's certifications, staff qualifications, protection of  Intellectual Property Rights and relationships with subsidiaries and partners caused by changes to regulation following Brexit - YES

 

2.19.7 Impact of new tariffs and taxes and the company's capabilities to understand and manage these new requirements following Brexit - YES


2.19.8 What is Camlab's market share respect to the following regions (Sales In last Financial Year)  : 

        2.19.8.1 United Kingdom - 88%

        2.19.8.2 European Union (excluding the UK) - 6%

        2.19.8.3 Outside of the UK/EU - 6%


2.19.9 What approximate percentage of Camlab's production is carried out in each of the following regions: 

        2.19.9.1 United Kingdom - 99%

        2.19.9.2 European Union (excluding the UK) - <1%

        2.19.9.3 Outside of the UK/EU - <1%


2.19.10 What approximate percentage of Camlab's procurement of goods and/or services is purchased from suppliers from the following regions:

        2.19.10.1 United Kingdom - 65%

        2.19.10.2 European Union (excluding the UK) - 10-20%

        2.19.10.3 Outside of the UK/EU - 10-20%


2.19.11 Does the company hold Authorised Economic Operator (AEO) status - NO, in process




Request a Brexit Pack or arrange Forward Order

Last updated 06.12.2018

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