Recruiter looks to the future after smashing £10m targets
RECRUITMENT company Futures.co.uk has had a record year, after turnover surged to £10.6m.
The 25 year old company, which specialises in interim management and search services for the education and social care sectors, posted the best results in their history, with revenues up from £6.3m, an increase of 68%.
Net profits grew substantially, to £1.11m up from £270,000 on the previous year, for the period to 31 July.
Futures.co.uk created 10 jobs over the past year and now employ 29 people across their offices in Leeds, Manchester and London.
The Futures.co.uk group also includes R3 Resourcing, offering recruitment services in the retail, fashion and sales industries, and R3 Welfare to Work, a training and skills agency.
Tom Liptrot, managing director of Futures.co.uk, says: “These results reflect a 12 month period of significant growth for our business. Whilst some of this success can be attributed to improvements in the economy, we’ve complemented the upturn by working hard to create better and more efficient working practices across all divisions of the business.
“We’re now firmly focussed on expanding our team further and attracting top talent from the industry into our business, as well as developing and promoting our existing team wherever possible, which is key to our future expansion plans.
“We’re also reinvesting a substantial proportion of our profits back into the business in order to fund our next phase of growth which will make for another exciting and rewarding 12 months.”
