Northern recruitment firm reaches £5m turnover target ahead of schedule
Castlefield Recruitment, which has offices in Manchester and Leeds, has reached the £5m turnover mark sooner than expected, and is forecasting more impressive growth for next year.
The company says its expected growth, driven by rising demand and the hiring of additional consultants, will see revenues rise by 50% in 2019.
Co-founder Andrew Davison said in the wake of the announcement: “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.
“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.”
Castlefield serves both the private and public sectors and is a leading supplier of staff to the NHS, education and housing associations. In the private sector, it counts Bank of America Merrill Lynch, Drax Power Group and Card Factory among its clients.
According to Davison, the firm’s people-led approach has been key to its growth.
He explained: “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.”
Originally founded in the spare bedroom of a Manchester apartment, Castlefield now employs 28 people across its two leased offices and expects its workforce to be 40-strong by the end of 2019.
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