Cramlington's Hindley Circuits makes £2.5m turnover with key appointment
Cramlington’s Hindley Circuits, an electronic services specialist, has completed its first year of trading with a £2.5m turnover and a new appointment.
As well as having invested £500k in capital equipment during 2017, the company has taken on Alistair Barnes, 43, as business development manager. He has over 20 years of experience in the electronics industry.
Richard Whitehead, chief executive officer of Hindley Circuits, said: “We have a £2.6m order book going into our new financial year and we are viewing other tremendous opportunities.
“To move forward at pace, we need to continue to bring in talented and experienced people at all levels and to support them by investing in world class technology and equipment.
“Alistair is a key appointment. He has vast experience in the electronics components sector and a very strong technical background, allowing him to forge watertight partnerships, built on mutual respect, with both technical and purchasing executives in client organisations.”
Alistair is one of a number of appointments made by Hindley. In its first year, the company has seen headcount rise from 23 to 36, after its assets were bought following the collapse of parent company, A-Belco.
Investors - led by Andrew Lapping, Bim Sandhu, Chris Pennison and Sarah-Jane Moffat - purchased the assets of Opsol Limited, from the administrator, Deloitte LLP, in October 2016 and launched the business as Hindley Circuits.
Barnes added: “I am delighted to join Hindley Circuits at this pivotal moment. The investment being made across the business sends a clear message that Hindley has very strong management and is highly resourced.
“Crucially, there is also a real sense of momentum and determination to succeed.”
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