Double growth for Halifax electrical specialist following business loan Magazine

A company which specialises in electrical inspection and testing to your construction industry has doubled its turnover following a loan from Finance Yorkshire.

Group Management Electrical Surveys (GMES), operating out of Elland, Halifax, is now on target to quickly attain 1.2 million turnover this coming year.

A 50,000 Business Loan from Finance Yorkshire in 2014 provided Managing Director Steve Cressey using the working capital to cultivate GMES after he led a management buyout a year earlier.

Mr Cressey said: “The Business Loan from Finance Yorkshire allowed us to get started growing the business enterprise and absorb it our own direction. Were successful because we i did so only electrical inspection and testing but in the last a couple of years now we have added more services as a consequence increased our customers by more than 50 %.”

Thermal imaging surveys, calibration of test equipment, electrical validation surveys plus the output of operation and maintenance manuals are the additional services GMES has become offer customers.

Mr Cressey added: “The operation and maintenance manuals now are the cause of 15 % of our own business. There was the vision to take the business on and fill it up by adding more services and we want to add a lot more this year.”

GMES works best clients on major construction projects in england and wider Europe. The firm provided its services during the multi-million pound advancement of South Glasgow University Hospital C the second biggest hospital on the planet.

Finance Yorkshire’s John Ellis, said: “Steve along with his team had the ambition and foresight to defend myself against GMES, with the investment providing a kick start to its growth. The successful inclusion of more services has seen the business achieve rapid growth is actually it a chance to undertake larger contracts in the construction industry.”