The independent facilities management provider based in Leyland, Lancashire, has reported over 100 per cent year-on-year revenue growth since 2020.
The group provides security, cleaning and maintenance services across the country to shopping centres, retail and business parks and multi-tenanted office buildings.
Following the appointment of Nick Atkinson as Managing Director in March 2019, when the Chairman Ian Gilston identified the need for a new strategic MD, Aston Group Services has seen a “transformation” over the past four years. Organic growth has increased revenue from £8.5 million in 2020 to £17.3 million at the end of 2023 with profits increasing threefold. Forecasts for the end of this year are in the region of £20 million.
According to ASG, this organic growth has been achieved by way of expanding the company’s client portfolio and paying close attention to the retention of the company’s existing client base that includes such names as property management specialists Savills, Workman LLP, Munroe K and Ashdown Phillips. The most recent contract renewals are those of The Harvey Centre in Harlow, Dalton Park in Durham and the Millgate Centre in Bury continuing the firm’s outstanding success of virtually 100 per cent contract retention rate.
MD Atkinson was the architect of the de-merging of the group, consisting originally of five divisions – security, cleaning, maintenance, industrial and hygiene, to allow the respective businesses to focus on their core competencies.
As a direct result of this, the group’s security division is now ranked as the 13th fastest growing man guarding company in the UK and ranked in top 100 security companies.
To support the company’s growth and maintain the organisation’s outstanding customer satisfaction levels, the firm is committed to focusing on staff retention and training, key to reducing staff vacancy rates.
Commenting on the company’s success, Atkinson, said: “The last few years have seen the group deliver record operating profit, and outstanding growth in revenue, consolidating our position as one of the leading facilities management companies in the North. These results reflect the trust our clients put in us, and the excellent service standards upheld by our fantastic workforce. We have set our sights on another successful year and continued sustained growth for the future.”
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