Partner Article

Coventry-based property firm sets sights on £5m turnover

A multi-disciplinary property company in Coventry has plans to grow its turnover by more than 400 per cent by developing new areas of business.

The FPM Group (incorporating First Project Maintenance, and FPM M and E), which is based on the Charter Avenue Industrial Estate, has hired David Needham as Operations Director to help expand the business with plans for new jobs, more investment and an increase in contracts.

The company is a specialist in refurbishments and fit-outs but also undertakes projects in traditional hard services facilities management, such as heating and ventilation, building fabric maintenance, water services, and gas installation.

David is working with the Coventry and Warwickshire Chamber of Commerce to help increase his network of contacts in order to grow the company’s mechanical and electrical division.

He said: “There are huge opportunities for the business to grow and I am really looking forward to working with the Chamber and its president, Tom Mongan, to ensure we do everything we can to expand.

“One big area of business for us is our continuing work with schools and there are a whole host of projects we undertake on educational properties across the region. “But we can see areas of growth in a range of sectors – from hospitality through to local government, and construction to automotive.

“Our plans are to go past £1 million in turnover and then get to £5 million in a short space of time. We are ambitious and we want to expand, take on new people and contribute to the regional economy.

“It will mean ongoing investment on our side – in achieving quality standard marks and in people – but we want to do that to help achieve our business aims.

“We want to expand in the Coventry and Warwickshire area first and then look at other geographical areas in the coming years.”

Tom Mongan, president of the Coventry and Warwickshire Chamber of Commerce, visited the company as part of his drive to get the economy growing again beyond pre-pandemic levels and to find out any issues holding back businesses.

He said: “I was delighted to meet David and hear about the plans for FPM. For the company to be able to meet its very ambitious growth plans it needs to be able to get out there and network once again because they recognise the fact that people still buy from people, even in this digital age.

“As the economy reopens further, the Chamber will be there to point David and the team towards the right events and the right people in order to help them grow and contribute even further to the regional economy.”

This was posted in Bdaily's Members' News section by Matt Joyce .