An eCommerce agency has celebrated the opening of its new office in Newcastle City Centre.
Located at 71 Grey Street, this new addition is part of a strategic plan to scale operations and attract new clients.
Strategic Expansion
Situated in the heart of Newcastle’s bustling commercial district, the new office replaces and significantly enlarges the company’s previous satellite office on Forth Lane.
The new site spans almost 8,000 square feet, effectively expanding the company’s estate by a third. Plans are also underway to update and renovate its Teesside headquarters and central Manchester sites.
Modern Workspace
The open-plan space was designed and constructed by Ultimate Group.
With a 90-strong team being relocated from other offices, the new workspace aims to future-proof the company’s ambitious recruitment strategy, which targets significant headcount growth over the next year.
Impressive Financial Growth
The eCommerce agency has witnessed an impressive increase in financial performance.
Turnover grew by 18%, from £11 million in 2016/17 to £13 million in 2017/18.
Profit before tax more than doubled, rising from £0.9 million in 2016/17 to £2 million in 2017/18.
Leadership’s Vision
Dean Benson, CEO, commented on the new office: “This new space represents our commitment to the future, as well as our North East roots.
It’s a beautiful building which we hope will attract some of the very best talent in the region.
Thank you to everyone who has made this vision a reality – and here’s to many more exciting office launches to come.”
Future Plans
The new Newcastle office is just the beginning of the company’s plans to expand and modernise its operations.
In addition to expanding its physical locations, the company aims to innovate its service offerings and continue its growth trajectory.
By focusing on both infrastructure and talent acquisition, the company is well-positioned for future success.
Community Impact
The new office is expected to have a positive impact on the local community.
By attracting top talent and creating new jobs, the company aims to contribute to Newcastle’s vibrant business environment.
The expansion is seen as a boost to the local economy, providing new opportunities and fostering innovation.
Conclusion
The new Newcastle office marks an exciting milestone for the eCommerce agency.
With strategic planning and a commitment to growth, the company is poised for continued success.
The new Newcastle office signifies a promising chapter for the eCommerce agency.
With a focus on strategic growth and community impact, the company continues to strengthen its presence and capabilities.