2019 Already Looking Good For Wescott
With an expanding order book of not only repeat business from existing customers, but also new business from first-time clients across a wide range of sectors, Jarrow-based Wescott Industrial Services are looking forward to continuing growth during the year.
The company currently provide access and coatings services to four principal markets, Offshore & Marine, particularly to the rapidly expanding Offshore Wind Farm market, Transport Infrastructure, which is mainly concerned with the protection of road and rail bridges, New Build, which involves the application of diverse coatings of structural steelwork but increasingly for the application of intumescent or fire-proofing coatings, and finally, access and coatings for Facilities Management.
Matthew Doyle, Wescott Group’s Commercial Director, commented, “We’re confidently expecting an annual turnover of around £4.4m up to April 2019, but based on orders already placed, are projecting an increase to £6m for the next financial year, rising to £7.3m up to April 2021. Just as importantly, the increased revenue is broadly split across the four sectors within which we work and includes an increasing contribution from our overseas operations in Australia.”
Following on from their successful projects on Offshore Wind Farms, more offshore work is scheduled for this and future summers whilst their Marine order book has also received a substantial boost. Recent projects for the infrastructure market has included work on the A1(M) road bridges with both access and coatings projects scheduled for rail projects this year.
Wescott have been involved in some high profile new build projects in London. A recent example was the provision of access and the application of intumescent coatings for structural steelwork at a new build, 24 storey office block in the City of London. The company is also currently negotiating several Facilities Management contracts in a diverse range of industrial sectors ranging from paper mills to power stations.
Their investment in equipment and training for personnel at the Melbourne base in Australia, which only launched at the end of last year, is expected to make a significant contribution with several offshore and facilities management projects already starting.
Matt Doyle continued, “Disregarding the uncertainty of Brexit, which is beyond our control whatever happens, we see this year and the next being very busy with our main challenge being the availability of experienced office-based and site-based management and supervisory staff. We now have a really good pool of experienced and highly trained coating operatives but the success of our contracts depends on skilled management so we’re always on the look-out for experienced staff.”
Established in 2010, Wescott Industrial Services employ some 50 full time managerial, supervisory and multi discipline operatives with the ability to employ temporary onsite crews employed for specific projects to suit requirements. As of 31 December 2018 the company has enjoyed working over 995,000 hours LTI free. The company has their own training subsidiary at Jarrow providing rope access and safety training.