Glasgow recruiter sights on doubling its turnover
Glasgow-based recruitment firm, Global Recruitment Group is focused on growth thanks to a number of new blue chip contract wins in different sectors which have helped the firm to be on target to double its turnover this year.
Current turnover for Global Recruitment Group is £4.34 million between both logistics and commercial areas of the business.
The firm has recently a new commercial director, David Mulgrew, joining managing director George Murphy, who was appointed in November.
Mulgrew will assist George’s plans to expand the commercial recruitment division of Global Recruitment Group, operating out of new premises in Buchanan Street.
Financial backing to assist this growth has been provided by RBS Invoice Finance which has provided a Factoring facility that releases funds from the firm’s sale ledger, thereby providing access to working capital. This helps cash flow requirements as well as providing a platform for Global Recruitment Group’s future growth.
Murphy said, “The business has been growing strongly and we are now in a great position to expand the commercial sector and take on a Commercial Director to assist this. Consistent business performance and new contract wins are large contributors to our success and the factoring facility provided by RBS Invoice Finance has played a key role in supporting us.