Relocation gamble pays off for removals firm as turnover quadruples
Family-owned removals firm Ballards has reported record turnover after four years of investment into its new headquarters.
The company has quadrupled its turnover and more than doubled its number of employees since it moved to a five-acre site in Nottinghamshire beside the A1 in 2017.
Revenues rose to more than £8m last year and the firm has also expanded its team to 90 people, including 35 full-time drivers.
The record turnover comes after a period of considerable investment into the site, which had to be significantly adapted for the company’s use. Ballards has also invested in services such as short term self-storage, long-term storage, removals, haulage and self-drive vehicle hire. As well as this, the company has acquired two smaller removals companies, Steeles of Stamford in 2018 and Bespoke Moving Solutions, which it bought last year.
Managing director, Matthew Ballard, whose parents, Richard and Janette founded Ballards Removals in 1978 said: “Four years ago, we began one of the biggest periods of investment we’ve ever undertaken. We’ve acquired two well regarded removals companies; Steeles of Stamford and Bespoke Moving Solutions, we’ve invested in new vehicles, new storage containers, a huge amount of new equipment and, biggest of all, we’ve opened our new headquarters right beside the A1 and welcomed dozens of new members of our team.
“It was a big gamble, but it’s proved to be a great success, helping the company to reach record turnover and become one of the leading removals, storage and vehicle hire companies in the region.
“Although there have been challenges this year, with issues such as the nationwide shortage of drivers and new obstacles on the border with the EU, we’ve navigated through each of these to make this year our best ever.
“We’re now seeing the real benefit of our new headquarters, which gives us incredible access to all parts of the country and to continental Europe as well as loads more capacity for our long and short term storage solutions. I’m proud of the great work our team is doing and I’m excited by what the future holds.”