A Leeds firm of engineers is marking its first year in business with ambitious plans for further growth and an increase in revenue.
RWO, which has seen a strong performance since it opened for business in 2019 in city offices in Park Place, has won work worth in excess of £500,000 in the last 12 months with an additional £250,000 in the final stages of agreement.
Success has come on the back of strong demand for its services, which has involved providing specialist engineering work to bring forward a number of major new housing developments and infrastructure projects across Yorkshire and North Lincolnshire.
This includes pre-planning drainage and flood risk work, detailed highways and drainage design services and earthworks analysis for 1,700 new residential properties being built by Persimmon Homes, Gleeson Homes, Barratt Homes, Harron Homes and Mulgrave Property Group.
The firm is also seeing significant growth in the commercial and industrial sector where its providing civil and structural services for several national leisure centre and data centre construction among other projects.
RWO, which currently employs 19 people, predicts continued expansion in the next 18 months as part of planned strategic growth, particularly as the construction and building sector returns to work in the aftermath of the coronavirus crisis.
The firm is currently on target to reach £2m in revenues by 2021 with a robust forward order book and is currently recruiting.
Several new engineering roles have also been created at the office as the management team looks to boost existing resources and support projects coming on stream.
Andrew Fairburn, director of the Leeds office, said astrong first year’s performance is being marked by sustained confidence in future growth.
He said: “We’re well placed to take advantage of increasing enquiry activity and order levels in what is predicted to be a recovering construction and built environment sector.
“Based on current predictions and orders, we can’t see any reason why we cannot continue to grow and achieve predicted revenues in a year’s time.
“The pipeline for future work, underpinned by our track record in resolving complex issues and supported by investment in additional capacity, looks strong, ensuring we will continue to grow and strengthen our position.”
RWO Associates also specialises in a range of work including flood risk assessments, residential, commercial, industrial and leisure structural engineering. More at https://rwo.group/
