Oldham-based electronic security firm Dual-Stream reports 260% revenue growth

Dual-Stream, an electronic security company, is celebrating after achieving 260% revenue growth.

In its last financial year, the Oldham firm’s revenue grew to £3.6m, up from £1m the year previous. Dual-Stream is now targeting a turnover of £5m for the coming 12 months.

Based at Hollinwood Business Centre, Dual-Stream was set up in 2013 and provides electronic security services such as CCTV, fire and intruder alarms and access control systems for companies such as manufacturers, retailers, children’s nurseries, as well as private individuals.

In addition to designing and installing the systems, Dual-Stream carries out servicing, maintenance and remote monitoring.

In the year ending July 31, Dual-Stream hired nine members of staff to bring its total workforce to 22 and invested in a new 24-hour remote monitoring suite to strengthen its offer.

Chris Cornelly, managing director of Dual-Stream, said of the investment: “This delivers a more efficient and economic service solution and eliminates the risk of unidentified system failures.”

Looking ahead, Chris said he remains optimistic for the future as Dual-Stream seeks to expand its market share, adding: “We are confident of another successful year by expanding our client base in new and existing sectors.

“We will also be investing further in innovative technology, to add to our range of services and help our clients to maximise their efficiency and prevent losses by protecting their people, stock, assets, customers and buildings.”

He continued: “Our approach is to become partners with our clients, so we understand their needs more fully and are therefore able to offer the most relevant solutions and service.”

Chris founded Dual-Stream along with Brian Dunn, David Metcalfe and the firm’s account director Sean Haslam.

Company chairman Brian commented: “We are delighted with Dual-Stream’s performance in its latest financial year and we look forward to further growth in the year ahead.”