17/03/2006 15:39:43 - Zircom Aim for £10 Million by 2009
Zircom is delighted to announce they have achieved their target of increasing revenue by 30% in 2005/2006, through sales and services in the delivery of cabling/wireless solutions for data/voice communication to the business arena.
Zircom is delighted to announce they have achieved their target of increasing revenue by 30% in 2005/2006, through sales and services in the delivery of cabling/wireless solutions for data/voice communication to the business arena.
With sales up by 35% and the team expanding by 10% over the past 12 months, Zircom is now the fastest growing cabling company in the UK. 2006 is already looking prosperous for the Birmingham based company, who have a three year plan that will aim to sustain the 30% increase in revenue year on year through to 2009, when they hope to have achieved a revenue target of £10 million plus.
Zircom has invested over £200,000 in technology, infrastructure and personnel over the last 18 months with the aim of growing the company to meet the demand for their service. An aggressive PR, marketing and sales strategy has been implemented to drive the business forward over the next three years, which the team believe is highly achievable.
“We are now focussing on increasing the company’s profile in the industry, identifying key channel partners and educating the market. We continuously demonstrate the efficiency and cost savings that can be achieved with Zircom and we believe it is important to deliver quality Project Management and after sales service. We don’t just do the job and walk away, added value is where we gain our competitive advantage”, Rob Linforth – Sales Director Zircom.
To aid their growth strategy Zircom formed a strategic relationship with Bibby Financial Services in 2005. Zircom’s Managing Director, Graham Granville explains, “Bibby’s is a flexible company who understand the needs of our business. Too many factoring companies were focused on manufacturing and labour supply and would not even talk to us when we were initially seeking a factoring facility. Bibby’s were one of the few that listened and attempted to give us a solution. They have been very flexible and have provided support when we were experiencing difficult times; they have certainly been a key factor in our phenomenal growth in both turnover and profitability”.
Commenting on Zircom’s achievement, Bibby Financial Services Operations Director Ted Winterton, said: “We are delighted to be a part of Zircom’s success. The company is testament to what can be achieved with strong financial foundations in place. By employing our Invoice Finance solution, Zircom are able to unlock funds tied up in unpaid invoices to help keep their cash flow fluid, while also freeing themselves up to concentrate on growing their business by outsourcing their credit control procedures to our team. We look forward to continue working with Graham and his team to help them achieve future success.”
date:17/03/2006 15:39:43