Firm engineers a strong first year of growth
A Leeds firm of engineers is marking its first year in business with ambitious plans for further growth and an increase in revenue.
RWO, which opened for business in 2019 in offices in Park Place, has won work worth more than £500,000 in the last 12 months with an additional £250,000 in the final stages of agreement.
Its services have involved providing specialist engineering work to bring forward a number of major new housing developments and infrastructure projects across Yorkshire and North Lincolnshire.
These include pre-planning drainage and flood risk work, detailed highways and drainage design services and earthworks analysis for 1,700 residential properties being built by Persimmon Homes, Gleeson Homes, Barratt Homes, Harron Homes and Mulgrave Property Group.
The firm is also seeing significant growth in the commercial and industrial sector where it is providing civil and structural services for several national leisure centre and data centre construction among other projects.
RWO, which now employs 19 people, predicts continued expansion in the next 18 months as part of planned strategic growth, particularly as the construction and building sector returns to work in the aftermath of the coronavirus crisis.
The company is on target to reach £2m in revenues by 2021 with a robust forward order book.
It is currently recruiting, with several new engineering roles have also been created at the office as the management team looks to boost existing resources and support projects coming on stream.
Andrew Fairburn, director of the Leeds office, said: “We’re well placed to take advantage of increasing enquiry activity and order levels in what is predicted to be a recovering construction and built environment sector.
“Based on current predictions and orders, we can’t see any reason why we cannot continue to grow and achieve predicted revenues in a year’s time.
“The pipeline for future work, underpinned by our track record in resolving complex issues and supported by investment in additional capacity, looks strong, ensuring we will continue to grow and strengthen our position.”
