A Birmingham-based commercial property and construction consultancy has announced a five-year plan aimed at doubling its turnover.
Tuffin Ferraby Taylor - which counts PRUPIM, Tesco, ING Real Estate, The Crown Estate, Aviva and Legal & General among its client base - wants to see turnover increase from £8million to £16million by focusing on a number of key areas.
Managing partner Alan Pemberton, who works out of the firm’s Birmingham office, said: “We have weathered the recession well with no bank borrowings and improved profitability, supported by a proactive approach to business development.
“We have used the opportunities presented during the recession to upgrade two of our business locations with new offices in the heart of the City of London and the South East.
“There is still an element of negativity among many in the sector, but we have seen that our core building surveying and project monitoring services are in demand and we are bucking the trend.
“Our workload over the last 12 months has been extremely healthy and we have been able to look closely at the industry as a whole and highlight where we see growth areas.
“We see it as vital that we put in place an ambitious business plan that reflects this, so that we can put our money where our mouth is.
“The last few months have seen a rise in technical due diligence surveys, as well as instructions on major office refurbishment projects and dilapidation claims.
“We have also been working closely with clients to develop bespoke sustainability audits to help them meet and surpass the targets they are required to meet.
“Our executive team has worked hard to keep going forward during the recession and this new five year growth plan includes new offices in new locations and employing more of the best technical talent that match our strong reputation and respected expertise.
“We have confidence in both our staff and our clients and believe that now is the right time to press on with our expansion.”
