Member Article

Teesside expansion shows Nigel Wright has 'returned to profitable growth'

Following a financial year of much change and evolution for Nigel Wright Recruitment, the North East consultancy has this month opened its first Teesside Office at Wynard Park.

In addition to the recent expansion, the business has reported that a gradual reshaping over the past twelve months has led to an 8% increase in Net Fee Income and 64% increase in EBITDA to £1.12m.

Paul Wilson, CEO, said: “As the business has returned to profitable growth, we have begun to expand our office footprint once again.

“Launching a second office in the North East is a strategic change in direction for the company but it is clear that by creating greater focus geographically and combining this with a closer physical presence, we will be able to more effectively serve our clients and candidates in the southern part of the region.’

Following news that an extra £13.9m will be invested in to the Tees Valley business community, between 2016 and 2021 as part of the government’s growth deal, optimism is prevailant in the area.

The Tees Valley LEP has already helped Teesside companies secure in excess of £1.3bn of private sector investment since its creation and the NECC hopes to see 25,000 private sector jobs created in Teesside over the next 10 years.

Wilson continued: “Nigel Wright is very much part of the Tees Valley story moving forward. We have a management team already in place here with almost 50 years combined recruitment expertise; now we are seeking to grow our teams and are currently hiring for a range of opportunities in Teesside.’

Nigel Wright Teesside offers recruitment services including: Finance, IT, HR, Engineering and Manufacturing, Supply Chain, Sales and Marketing and covers all of the main sectors in the north east comprising Business and Professional Services, Consumer, Energy, Industrial and Manufacturing, Digital and Creative, Chemical and Pharma and Public and Third Sector.

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