Turnover set to double for Halifax electrical specialist

A West Yorkshire company specialising in electrical inspection and testing for the construction industry has doubled its turnover after Finance Yorkshire investment boosted its growth.

Group Management Electrical Surveys (GMES), based in Elland, Halifax, employs 16 people and is on target to achieve £1.2m turnover this year.

A £50k Business Loan from Finance Yorkshire in 2014 provided managing director Steve Cressey with the working capital to grow GMES after he led a management buyout a year earlier.

Steve said: “The Business Loan from Finance Yorkshire allowed us to start growing the business and take it in our own direction.

“We have been successful because we used to do only electrical inspection and testing but over the last two years we have added more services and as a result increased our client base by more than 50%.”

Thermal imaging surveys, calibration of test equipment, electrical validation surveys and the production of operation and maintenance manuals are among the additional services GMES is now able to offer customers.

Steve added: “The operation and maintenance manuals now account for 15 per cent of our business. We had the vision to take the business on and grow it by adding more services and we plan to add even more next year.”

GMES works for clients on construction projects in the UK and wider Europe. The company provided its services in the multi-million pound development of South Glasgow University Hospital – the second largest hospital in the world.

Finance Yorkshire’s John Ellis commented: “Steve and his team had the ambition and foresight to take on GMES, with our investment providing a kick start to its growth.

“The successful addition of more services has seen the company achieve rapid growth and with it the ability to take on larger contracts in the construction industry.”