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PARETO FM SEES 55% GROWTH IN TURNOVER

Graph © iStock
Pareto FM sees 55% growth in turnover © iStock

14 January 2020 | Herpreet Kaur Grewal

 

Facilities and engineering services provider Pareto FM has reported that its annual turnover has risen for the fifth consecutive year.  


Figures published this week for the year ending September 2019 show a growth in turnover to £14.1 million.  

 

Pareto’s 55 per cent of significant organic growth at the end of its fifth year of trading is on course to grow by a further 25 per cent next year.  

 

This achievement builds on the 50 per cent growth the company accomplished the previous year ending September 2018, it said.   

 

Pareto FM has also recently won contracts in London with the Design Museum, Deliveroo, women’s co-working space collective The Wing, and the Royal College of Pathologists.

 

Andrew Hulbert, founder and managing director, said: “After five years we’ve cemented our position as one of the major players within the workplace and facilities services sector."  He added:  "The sector is waking up to the fact that there is an alternative to the rigid, outdated, large-scale providers. There absolutely is a place for niche SME providers within this sector.”