Communications agency eyes £1.5m turnover following expansion

A full service communications agency is on track to reach £1.5m revenue by the end of the year, following 30% growth in both turnover and personnel.

Leamington-based B2B marketing specialist Palmer Hargreaves has enjoyed a year of significant expansion to date, following the acquisition of new clients in the transport, materials handling and financial service sectors.

A growing client portfolio has led to an increase in team members and puts the company on track to exceed £1.5m turnover this year.

To support increased demand, several new faces have joined the company, with new recruits joining account handling, creative and PR teams.

The news comes hot-on-the-heels of Palmer Hargreaves’ inclusion in the Top 50 fastest-growing companies in Coventry and Warwickshire. The agency scored 29th place in the list compiled by accountancy and business advisory firm BDO.

Mark Dale, managing director at Palmer Hargreaves, said: “The B2B environment is becoming ever-more challenging with more complex distribution channels, complicated supply chains and global market changes. As a result, it’s becoming more difficult for specialist businesses to market themselves in the most effective way, to the right people.

“Our focus on solving these complex problems through an integrated and original marketing solution is paying dividends with improved rates of new business and client retention. With a powerful team working in the UK and the support of our overseas offices in Germany, Brazil, China and Russia, we’re enjoying one of our busiest and most exciting years yet.”