Castlefield Recruitment hit £5m turnover

Tuesday, December 4, 2018

Castlefield Recruitment reaches £5m turnover target ahead of schedule

Castlefield Recruitment, which has offices in Manchester and Leeds, has reached the £5m turnover mark ahead of plan.

The company is forecasting growth that would increase revenues by 50% in 2019 based on hiring additional consultants to service increased client demand.

Castlefield’s core business focusses on supplying finance, procurement and housing staff from entry level up to £80,000 salary, in both public and private sectors.

Andrew Davison, co-founder and director along with Nick Ogden and Chris Oldfield, said: “We are a rapidly-expanding recruitment business and our growth up to now has been achieved by sticking to the sectors and job roles we know well and providing a first-class service.

“Companies and public sector organisations need more and more from the people they hire while being faced with ever-tighter recruitment budgets. So, for us, that means finding quality people, working as partners and flexing in a way most recruitment firms won’t when it comes to delivering value and cost savings.

“Our success is founded on building and maintaining long-term relationships, achieved by delivering high quality candidates who make a difference, which leads to a high level of repeat business for us.”

Within the public sector Castlefield is a leading supplier of staff to the NHS, education and housing associations. This includes finance, procurement, project management and transformation, as well as teams providing housing management, asset management, repairs and maintenance.

Within the private sector the business counts Bank of America Merrill Lynch, Drax Power Group and Card Factory among its clients, placing permanent, contract and interim positions at all levels of finance with clients ranging from SMEs to multinationals and FTSE-listed companies.

The company was founded, originally, in the spare bedroom of a Castlefield apartment in Manchester and is now based in long-term leased offices in city centre Manchester and Leeds.  It currently employs 28 staff across both locations and with growth forecasts aims to have 40 staff by the end of next year.

Davison added: “We’ve all experienced recruitment consultancies that care only about the bottom line, which is why we wanted to run things differently in our own business: that involves offering no ceiling on commission for the work staff put in, investing in them through training and trusting them to work independently.

“As well as reinvesting profits in the business and the team, we’ve made a long-term commitment to our offices in Manchester and Leeds aligned with the growth and investment they are both experiencing.”

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