New recruitment company on track for 2m in first year
Trillion Personnel Management Services was co-founded by managing director Rob Owen and director Samantha Mogford to provide contractors and permanent staff for the oil & gas industry, as well as engineers for fast moving consumer goods manufacturers.
It works with international oil companies, oil and gas service companies and engineering procurement and construction companies as well as a large number of blue chip manufacturing firms and SMEs across the UK.
The Staines-based business can also offer a complete outsourced HR function for businesses, which can include obtaining visas for staff working overseas and more.
Experienced recruiter Owen said founding the company was the fulfilment of a long-held ambition.
He said: “I always wanted to start my own business when the time was right and I was determined to offer a very personal service to clients, which is something that most agencies don’t do.
“Our in-depth industry knowledge and our ability to move very fast also sets us apart from the competition.
“If a fault means a production line has to shut down, even for just 10 minutes, it can cost a manufacturer more than £100,000, so we need to get our engineers on site as quickly as possible.”
Trillion plans to open an Aberdeen office during 2014 to serve its oil & gas sector clients in the region and aims to have more than 1,500 contractors on its books by the end of its first year.
It currently has four staff, but Owen expects to have recruited a 20-strong workforce during Trillion’s first year.
Trillion is recruiting its first intake of apprentice recruiters, who it will put through a local college to attain NVQ qualifications in business administration.
Owen said, “Training up apprentices helps us to retain staff and promotes profitable growth.”
The start-up has signed up to Lloyds’ Cash Friday service, an outsourced back office and payroll function which gives immediate access to 100 per cent of the value of issued invoices.
It guarantees staff are paid correctly and on time while taking away the pain of dealing with changes to PAYE regulation and the risk of client failure.
Tax payments are held back for when they are due and the profit is paid to the business.
Owen said, “Cash Friday is renowned in the industry because it makes life so easy for recruiters like us. For start-ups it really makes sense.
“There are rival services out there, but I have found them to be more expensive, riskier and harder to install.”
Gareth Pritchard, regional manager, Lloyds Bank Commercial Finance, said, “Rob is a hugely experienced recruiter with fantastic contacts across the industry.
“It is great to be able to support a new business from its inception and recruitment is a sector that Lloyds Bank Commercial Finance really understands and is keen to support.
“In Cash Friday I am convinced that Trillion found the perfect solution which will make the firm more efficient, freeing up time to grow the business which would otherwise need to be spent raising and chasing invoices.”