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Pareto FM reports 55% growth in turnover

Pareto FM has seen its annual turnover rise for the fifth consecutive year. Figures published this week for the year ending September 2019 show a 55 per cent growth in turnover to £14.1 million.

The facilities and engineering services provider has achieved 55 per cent of significant organic growth at the end of its fifth year of trading and reports it is on course to grow by a further 25 per cent next year. This builds on the 50 per cent growth the company accomplished the previous year ending September 2018.

According to the business, the past 12 months have been a great success for the management team, who have maintained the growth momentum all while keeping the ethos and culture established at Pareto’s conception back in 2014.

Andrew Hulbert, founder and MD, said: “After five years we’ve cemented our position as one of the major players within the Workplace and Facilities services sector. We’re also thrilled to have been tagged as the ‘positive disruptor’ to the FM sector.

“The sector is waking up to the fact that there is an alternative to the rigid, outdated, large scale providers. There absolutely is a place for niche SME providers within this sector and we passionately believe they are best placed to serve the clients needs most attentively.

“We still absolutely love what we do and feel like we’re just getting started. We continue to be ambitious in FY6 and look forward to continuing to transform the sector one contract at a time.”

Pareto FM recently secured contracts with Design Museum, Deliveroo, The Wing & Royal College of Pathologists.

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