Photobox, a company which produces photobooks and other photo-related items, has announced that it could float on the stockmarket within a year.

The company has expanded rapidly since it was set up in 2000, and now operates in 15 countries worldwide.

It is currently in talks to buy Moonpig and is also aiming to form better relationships with social media sites such as Facebook to further its "ambitious plans".

Although nothing has been confirmed, the company said it was considering several options.

Chief executive Stan Laurent said: "PhotoBox is [venture capital]-backed and has ambitious plans. But we're currently focused on strengthening our market leadership by expanding our product set and aggressive international developments."

The Telegraph reported that Photobox was pushing for a stronger presence in Europe. The company currently has a 30 per cent share of the online printing market in the UK and just an eight per cent slice of the European market.