NSG UK Ltd announces strong growth figures
North West scaffolding and industrial services giant NSG UK Ltd is announcing strong sales growth figures, hitting a turnover of almost £26million for the period to 31 August 2011.
The Deeside based company, which employs 320 workers across the UK, has enjoyed a sustained period of success, consolidating its work in the core construction and engineering sectors while further expanding into new sectors such as offshore and infrastructure.
The figures for the 16-month period to August 31, 2011, show a robust turnover growth with the firm enjoying strong underlying profitability and significant capital expenditure.
NSG UK provides a range of industrial services including scaffolding, thermal insulation, painting and jet-washing, to clients including Eli Lilly, Ineos Chlor, Centrica, Cammell Laird and Tata Steel as well as major construction firms such as Laing O'Rourke, Merepark, Downing Construction and Balfour Beatty.
NSG UK was acquired in June by France based Altrad Group with Managing Director Mike Carr remaining at the helm of the UK operation as Managing Director.
Mr Carr said: "The performance in the last financial period is a result of the hard work and dedication of everyone at NSG UK and rounds off a successful period for the company. This has included the completion of a number of specialist construction and maintenance projects, growth in areas such as off-shore work and rope access, the milestone of one million working hours with no lost time incident and the sale of the company to the Altrad Group. We have also expanded further into social housing, marine, oil and gas and nuclear sectors.
"The first quarter results of NSG UK's new financial year maintains the trend, as we continue to win new business - including a three year maintenance contract with Tata Chemicals Europe - and increase our services portfolio with existing clients, offering scaffolding erection and maintenance, all painting services, high pressure water jetting, cleaning, thermal insulation and asbestos removal.
"We are looking forward to 2012 and the opportunities that this will provide."
NSG UK had been acquired by MWB in October 2007 but was purchased back in a management buyout in May 2010.
Mr Carr said: "The business has been in existence, under various guises, for the past 40 years and we are delighted to have built such a strong relationship with a range of illustrious clients. As health and safety is always our number one priority we are also particularly pleased to have reached one million man hours without an accident."
Over the past year NSG UK has demonstrated a strong commitment to Corporate Social Responsibility, sponsoring junior and senior football and rugby teams across the North West, giving thousands of pounds to the Shrewsbury Youth Centre in Everton, and donating time and money to help refurbish another youth centre in the deprived Norris Green area of Liverpool, which was featured on the BBC Children in Need "DIY SOS" programme in December 2011.
For more information on NSG UK's services, call 01244 833100 or visit www.nsguk.net