Member Article

Leeds telephony and internet firm doubles turnover in a year

Leeds-based The Technology Group, which provides telephony, internet and mobile services, has revealed bumper revenues for 2016 as it sets its sights on doubling turnover again this year.

In what is now the fifth consecutive year of growth for the firm, reported turnover at the business jumped to £1.8m in 2016, up from £995k the previous year, with growth fuelled by a string of contract wins with the likes of The NHS Leadership Academy, Oxford and Reading Colleges, Rugby School, and Leeds-based creative agency, Intermarketing.

Working with businesses across the healthcare, legal, recruitment, manufacturing and technology sectors, the Leeds business provides a range of telephony and mobile services to clients, including its own private hosted VoIP platform.

The Technology Group Sales Director Jonathan Marsden said: “It’s been a really exciting last 5 years for us. To come into the telecoms market as a new company, and grow so rapidly, is a testament to the team we have built and the key service and cost benefits we can provide over that of our competitors.

“At the heart of our success has been our company ethos and method of recruitment. We wanted to be a company with the best experts and individuals in the technology market, and that meant going out and finding those shining stars in the industry, getting everyone behind our vision, and buying into what we are trying to achieve in terms of high levels of personable service.”

The Technology Group’s rapid growth in the last five years recently facilitated a move to new headquarters in Leeds, while its expanded client list has resulted in a renewed recruitment drive at the firm within its installation, sales and account management divisions.

It now has its sights set on doubling turnover again this year and is targeting revenues of £3.5m which, according to Marsden, will be fuelled in part by its ‘gradual’ acquisition strategy.

He added: “By continuing to invest in the team, they will be able to support our ambitious expansion plans and ensure the business continues to thrive at the forefront of the industry.

“Our next steps are to continue to grow our business with a gradual acquisition strategy to complement our existing organic growth.”