Post-Brexit statement from Dycon Power Solutions

The UK decision to leave the European Union at midnight on 31st December 2020 meant that Dycon Power Solutions Ltd, like other companies, had to face up to the challenges that this decision brought.

To ensure that our export business continues to run smoothly, we developed a variety of different strategies to provide the best possible outcome for both our company and you, our valued customers.  As Dycon Power Solutions Ltd regularly imports and exports products both within and outside of the EU, we are already well versed in the necessary procedures; we already hold and use an Economic Operator Registration and Identification (EORI) number, required to import goods from the EU. We work with several customs’ brokers and freight companies who can support us with any extra requirements relating to customs clearance entries and exit and entry summary declarations.

Media speculation about possible congestion at British and EU ports after 1st January 2021 was based on the expected requirement for additional paperwork to be prepared for goods transiting through the ports but, so far, this is not causing us any problems. 

The UK’s EU Withdrawal Act replaces EU legislation and, at the same time, will build the domestic capacity to deliver the functions currently performed by ECHA. This new UK legislation preserves REACH as far as possible, whilst making any technical changes that need to be made because the UK has left the EU. 

Where possible, we increased forecasted manufacturing capacity for our products to ensure we could meet any demands during the change-over and, we are now asking that, where possible, you work with us by forecasting your demand and, planning in advance, your 2021 order volumes. Placing call-off / forward planning orders will enable us to ensure adequate stocks are in-situ as well as fixing prices for 2021.

We realise that some of our valued customers and Distributors will be concerned about the impact the UK’s EU withdrawal will have on our business relationship. Equally, some of the sections of our own business will likely be affected by the, potentially, wide-ranging changes. Our sales, customer service, purchasing and finance teams have all introduced the necessary new business structures to make future operation as seamless as possible. These recognize, and will minimise, the potential impact on our costs, including volatile exchange rates, the impact of tariff changes, new customs borders and, importantly, the potential, additional administrative workload.

We hope that this statement answers any concerns that you may have during this current uncertainty. If you have any questions or need any further clarification, please do not hesitate to contact us.

Fred van Eekeren, 

Managing Director

13th January 2021