Having doubled revenue year-on-year for the past three years, fast-growing property services business, B38 Group has invested £600,000 in new headquarters in the centre of Wakefield as part of its plans to recruit another 30 head office staff.
Over the last eight years, founders Richard Phillips and Tim Bailey have grown B38 Group into a £12.5 million turnover business, providing a full range of commercial property support services with a focus on property maintenance.
The company has built up a portfolio of blue-chip clients such as Whistl, and won over 25 national service contracts during 2018 and increased its presence in the logistics sector and in student accommodation. As a result, it had outgrown its previous base on the outskirts of Wakefield on Denby Dale Road, and has now taken a five-year lease for over 6,500sq ft of Grade A office space at No 2 Burgage Square in Merchant Gate, next to Wakefield Westgate Station.
Phillips commented: “The business has seen phenomenal growth over the last few years as we have focussed on delivering a quality proposition and investing in the latest facilities management technology to keep us at the forefront of the sector. Clients trust us to provide a bespoke service and find a solution to their building-related maintenance issues, and we’ve expanded our team to ensure we are able to continue to provide this.
“Our move to larger offices in the centre of Wakefield gives us the space we need as we continue to grow, as well as providing prestigious office space in a convenient location – it puts us in an ideal position to attract more talent as we develop our ambitious plans for further growth.”
B38 has a 100-strong team of field-based engineers providing nationwide coverage to clients as well as employing another 50 people at its Wakefield head office. Over the last 12 months, B38 Group has recruited 60 staff, including 15 in Wakefield, and plans to grow its national team to over 350 people during 2019.
The firm offers commercial hard and soft facilities management services from mechanical and electrical maintenance to lighting installations and water testing.
In January, B38 Group announced its acquisition of Woods Building Maintenance in Leeds as part of its strategic plan to increase the number of services it can deliver in-house.
Join 12,000 other FMs from over 46 countries at ExCeL London from the 18-20 June 2019. You and your team will learn from skilled trainers in CPD-accredited seminars and workshops at the only IWFM supported exhibition. You’ll test, trial and source smart solutions across technology, cleaning, FM services, waste and energy management. You’ll meet enthusiastic suppliers to identify new collaborations. By registering, you’ll also gain access to three neighbouring shows to enhance your specialisms across fire, security and health and safety. Get your free ticket for Facilities Show.