Recruitment firm triples profits
RECRUITMENT firm Transline-Resource has tripled its profits to smash through the £1m barrier despite losing a lucrative contract with Woolworths.
The Halifax-based firm – which specalises in placing drivers and industrial staff in jobs – has witnessed its turnover increase by 50% from £16.9m to £25.4m.
It has achieved the growth on the back of 23 new contracts wins with some of the country’s biggest household name retailers and distributors.
By the end of 2010, the firm expects to double in size and achieve turnover of £50m.
Over the past year, the company has also opened its North West headquarters in Trafford Park, near Manchester.
Joint managing director Paul Beasley said: “The strategy behind this success is simple and robust – it is to develop relationships with all our key clients and provide them with an unrivalled service of labour provision and monitoring.
“Following the collapse of Woolworths, the company has moved forwards with 23 new contracts, increased sales and record profitability.
“This success has been testament to the incredible work ethic from management right through to warehouse staff and HGV drivers, and thankfully we are now reaping the financial rewards.
“Our growth over the next year, will be achieved by continuing to exceed client expectations, listening and acting upon customer feedback and by pursuing new company contracts.
“All of these steps will help the group to diversify and increase capacity.”
Joint managing director, Jon Taylor, added: “With the arrival of our Manchester-based Training HQ, we will also continue to invest in people and training as we believe that a worker trained by us today will save our clients money tomorrow.
“By the end of 2010, we will have taught, assessed and passed over 500 candidates for NVQs and Certificates of Professional Competence (CPC) in warehousing, logistics and driver training.”
