November 01, 2010
A leading firm of property specialists is looking beyond the current market gloom and planning for ambitious growth over the next five years.
Low Moor-based Rex Procter & Partners has unveiled a new growth strategy along with a re-branding of the firm, which has operated in Bradford since the 1960s The plans have been developed based on the feedback of clients and staff which led to a strategic review of the business.
Chairman Paul Mackie said: “We conducted an independent perception survey among clients which showed that the business had clear competitive advantages in its markets.
“The survey revealed that RP&P is viewed by its clients as honest, reliable and professional.
“Our scores were twice as high as our nearest competitors when analysing why our clients retain our services.
“We were delighted with the results because it provides a solid basis and the confidence on which to grow our business for the future. Our new strategy is to build on our solid foundations of delivering a first-class service and to introduce new services both to existing and new clients”.
The growth plans include increasing turnover from £6.5 million to around £10 million by 2015 and adding up to 30 staff to the current workforce of 85 over that time.
The company is also looking to add extra offices in London and the South West to take advantage of new business opportunities there.
The expansion of its services has led to the appointment of three new directors. Mark Cooper has joined from Michael Eyres Partnership to become director responsible for project management; Stuart Kirk, previously with construction firm Balfour Beatty, has been appointed director responsible for M&E quantity surveying and Michael Dunn becomes director of contract services.
The company has also appointed Hannah Adams as marketing manager.
Mr Mackie said the growth strategy was not based on the present depressed marketplace but in readiness for when things picked up.
He said: “We’re looking forward and preparing the business to be ready to take full advantage of new opportunities.
“This plan is based on evidence of how we are regarded and will put us in a good position to achieve our targets.” Rex Procter & Partners has several major clients including Bradford-based Morrisons supermarkets, where it works on store refurbishments, the First Group, at Bradford and York universities and the National Media Museum in Bradford. It is also working on several school building projects, While the Government’s spending cuts would hit public sector projects, Mr Mackie felt that the health and education sectors where RPP is involved, would be less badly affected.
Paul noted “We’re looking forward to the future despite the challenging market place and promoting our mission statement ‘delivering professional solutions to the property industry’.”
Source: Telegraph & Argus