A North East IT consultancy is to share 10% of its profits with employees after a strong year in which it grew sales to £5.7m, having secured a series of blue chip clients.
Audited results for Perfect Image show revenue growth of 47%, and projections for 2015/16 indicate further growth of at least 20%, taking sales to an estimated £6.9m.
The firm’s results come a year after the company moved from its offices in central Newcastle to larger premises on the Cobalt Business Park, providing 10,500sqft of office space after a £200,000 refurbishment.
The financial year also saw Perfect Image announce a number of new partnerships with industry-leading international technology providers, including Amazon Web Services and Alteryx, through which the firm has been able to extend its product range to meet the needs of its clients.
As a result, the 80-strong team has added a raft of blue chip customers and brand names to its portfolio over the past 12 months, including Virgin Media, PwC, Camden Council and Euro Car Parts.
Andrew Robson, chief executive officer, cited the strength of the workforce for the firm’s success, and said a share of the profits will be given to staff as a result.
He said: “I’m obviously delighted with the annual results our team has produced.
“Not only is it good news for the company, our employees and stakeholders, it also reflects the fact that the North East is a growing and significant player in the IT sector across the UK.”
“As a result of our growing client list and expansion into new sectors, we’re recruiting more than ever before.
“We now have over 80 members of staff based at our office on the Cobalt Business Park and have the capacity to take on more.
“I truly believe the success of the company is down to the people we have working here.
“We share the same passion for providing excellent customer service, designing and delivering IT solutions that are right for our clients’ businesses, so their IT is aligned to their aims and objectives.
“It’s important to us to ensure we have an engaged workforce, and so while we focus on servicing our clients to the very highest of standards, we also make sure we provide a working environment where people enjoy coming into the office every day.
“Without a doubt the company’s success is driven by our people and so we want to reward them for their dedication and hard work – that’s why we share 10% of the company profits with our employees as an extra bonus.”
Mr Robson said a recent staff satisfaction survey showed 98% of employees were proud to work for the IT consultancy.
To celebrate the results senior management hosted a party for all employees and to toast the firm’s future as it approaches its 25th anniversary.