A temporary building company is set to increase its workforce by almost 50% in the first stage of an ambitious development drive. Spaciotempo saw impressive growth in both turnover and operating profit during a record year.
The company recently boosted its operations in Ireland as part of plans to double the size of the business by 2018. And it’s now creating a string of new jobs elsewhere in the business to help meet unprecedented demand.
Managing director Scott Jameson said: “We’ve enjoyed sustained growth for two years and this was by far our busiest and best period to date. Now the plan is to capitalise on that progress and go from strength to strength. I’ve set an objective of 50% growth in the next three years and I think our target of £15m turnover by 2018 is well within reach.”
The appointment of Belfast-based Phillip Tallon last month was the first time Spaciotempo has appointed a specialist dedicated to its customers in Northern Ireland and the Republic. The move was part of an initiative designed to boost its rapidly expanding customer base in the area. The company is now looking to recruit a further 10 staff to join its installation team based in Staffordshire.
Spaciotempo, part of the GL Events Group, has enjoyed stellar success for two years running. Results in 2013 were a then record, but last year was even better with growth at around 15%.
Mr Jameson added: “Sectors such as manufacturing and logistics have become much stronger and we saw a big swing to sales, rather than rental, in 2014. Customers now have more confidence to put items on capital expenditure – and that’s another sign that the economy is heading in the right direction. So while we’ll always retain the flexible approach that helped to carry us through the recession, our sales operation has never been stronger.”
Spaciotempo is planning to explore new sectors in a bid to maintain the momentum. Mr Jameson said: “While we’ve done particularly well in the last two years, it’s important to build on that success. We’ll spend a further £2m to increase our hire stock this year, we’re diversifying into different areas and we’ll soon be introducing a product that will be unique to the UK market. We’re making significant investments in products, people and our future.”
