IT firm on course to double turnover through ongoing expansion
Fast-growing IT support and supply specialist Blue Orange is on course to achieve a record-breaking year, despite the COVID crisis.
The Lancashire business is aiming to double its turnover to £10m in the coming years and expand its skilled workforce.
Blue Orange, based in Adlington, is set to hit £5m turnover this financial year, a 25% improvement on the previous year.
Managing director, David Silous-Holt, said: “Four years ago turnover was around £1m and we reached £4.2m last year and it could have gone higher, but we want to focus on more than just revenue. Customer satisfaction followed by longevity and profit are much more important.”
He added: “There’s no doubt COVID had an impact on our Q1, but we actually grew our profit in the height of the pandemic which is an amazing achievement, thanks mainly to recurring revenue.
“I’m sure things are getting back to normal. We had a storming July and August and it’s not unrealistic for us to hit £10m turnover in the coming years based on sustained and profitable growth.”
He explained how all profits were invested back into the business over the past three years: “We invested in staff and new systems such as a client management system for services, where 3,000 devices are monitored 24/7. Five new vehicles were added to our fleet, too, which followed a major rebrand 18 months ago.”
The company is also planning to hit the acquisition trail.
Clients such as Nandos have propelled the business to new heights, even during the worst recession in recent memory.
Blue Orange specialise in remote and on-site IT services as well as hardware supplies, to businesses, schools and colleges throughout Lancashire and beyond.
The company was formed 13 years ago and has grown rapidly in recent times. Around 100 clients are serviced from its Adlington base which is a former bank.
David said: “We’ve worked hard to create the right culture for our staff and customers and we’re about 95% of the way down that journey in terms of our vision.”
Three new engineers were recruited just before lockdown to accommodate additional growth, with plans to further expand the 30-strong team – including sub-contractors – next year and beyond.