Futures Recruitment report year end turnover of over 10m
In its latest results, for the year to 31st July 2015, the company’s turnover was up from £6.3m on the previous year, a rise of more than 68%. Futures also reported a gross profit of £2.4m, up from £1.56m in 2014, and a net profit of £1.11m, which has risen from £0.27m on the previous year.
The company has created ten new jobs over the past 12 months and now employs a 29 strong team across its offices in Leeds, Manchester and London. It provides both interim and permanent recruitment solutions within the private and public sectors, throughout the UK.
Core sectors of specialisation for Futures.co.uk include interim management and search services for education and social care, as well as working with the manufacturing and engineering sectors. Futures.co.uk delivers these services under the brands of Education Futures, Care Futures, Manufacturing Futures and Supply Chain Futures.
In addition, the company owns R3 Resourcing, which offers recruitment services across the retail, fashion and sales industries, and R3 Welfare to Work, which is a dedicated welfare-to-work, training and skills agency.
Tom Liptrot, managing director of Futures.co.uk, said, “These results reflect a 12 month period of significant growth for our business. Whilst some of this success can be attributed to improvements in the economy, we’ve complemented the upturn by working hard to create better and more efficient working practices across all divisions of the business.
“We’ve developed our market share across all our key areas with both Care Futures and Education Futures performing particularly well, especially when it comes to the recruitment of senior interims, which is an area that we’re particularly successful in.”
Liptrot added, “We’re also reinvesting a substantial proportion of our profits back into the business in order to fund our next phase of growth which will make for another exciting and rewarding 12 months.”