Managed services and document technology provider Balreed grew turnover to £38 million in 2014, with preliminary trading figures for the year showing an achieved growth of £9.3 million.
The company has put the increasing demand for its managed print services and production print systems as key contributors to this rapid growth.
‘34% growth is an outstanding performance by the whole Balreed team, particularly on top of the 23% we achieved in 2013’ said Robin Stanton-Gleaves, owner and group managing director. ‘We grew £9.3 million in the year, through 100% organic growth which is fantastic and shows the strength of our offerings and the quality of services we deliver to our clients.’
‘Our sales operations secured many significant new client wins in 2014, across many market sectors, and I think we are now recognised for delivering a very unique quality of managed service to our clients. Once again we grew our production print business, the dedicated support operation we have built helped support that growth, and our remote and field based managed services operations continue to set the standard for pro-active care in the office environment.’
‘Equally important we grew underlying profitability. That reflects the quality of the business across all operations and has allowed us to make major investments with 60 new staff and improved facilities during the year. We will continue these investments in 2015 to enhance our clients experience and increase our capacity, ensuring Balreed remain the first-choice provider for managed print and document services.’