Recruitment firm announces deals worth more than £3m
A specialist recruitment firm has landed a series of contracts worth over £3m.
The Gloucestershire based Hercules Site Services, uses technology to find labour for the UK’s infrastructure sector.
The firm has announced that its civils projects division has been awarded contracts with a combined value of over £3.1m to deliver critical work for two major clients relating to nine wastewater treatment and water management projects.
The division has particular expertise in working on projects in the sector and experienced a busy summer as UK water companies face mounting pressure to increase the country’s water resilience.
As revealed in the company’s interim results, revenue for the division in the first half increased by 30 per cent to £6.7m during the six months to March.
The company’s civils projects team provides substantial opportunity for Hercules to cross-sell its labour supply and suction excavator services to blue chip clients.
The contracts are divided as follows:
- £2.28m awarded from Thames Water across six sites, the largest contract being at Ufton Nervet WTW in West Berkshire.
- £895,000 awarded from Anglian Water across three sites, the largest contract being at Towcester in Northamptonshire.
Paul Field, construction director, said: “H2 2023 kicked off to a busy start and the team’s extensive experience in the water sector has enabled us to secure a significant portfolio of work as companies in this space focus on resolving a range of well-documented issues.
“With UK water companies pledging to invest £10bn for the next seven years to 2030, we are well positioned to meet increasing demand for our specialist services, while also contributing to a cleaner, safer infrastructure network.”
Hercules is a leading tech enabled labour supply company for the UK infrastructure sector. Founded in 2008, Hercules has an established track record of profitability and fast-growth and has built a blue-chip customer base which includes Balfour Beatty, Costain, Kier, Skanska, Dyer & Butler and Volker Fitzpatrick.
The company has been appointed to provide labour for a range of high-profile infrastructure projects, such as HS2.
