Next Steps

Power One senior management has drawn up a robust business plan, with external consultant and stakeholder input.We will ensure that the required infrastructure and funding is in place to facilitate the successful delivery of our 20/20 Vision and 5 year plan.

A full review of key staff, business systems and accreditations has taken place. Key appointments have already been made and more are due to be made in the coming months. These will add significant industry experience to the company during this period of growth and compliment the hard work and values of the existing team.

The company is following a programme of expansion in the next 12 months, seeking to upgrade its existing facilities in Glasgow and has opened a new office in Altrincham, Greater Manchester, along with a Depot and Office facility in Northumberland.A further office is planned to open in the South East during the second quarter of 2016. This gives us broad coverage across the UK, in order to better serve our clients and the increased workload secured over the previous 18 months and to further service new workload in the coming months.

A number of long term contracts in the core markets of Electrical Contracting, Street Lighting, Communications Infrastructure and Electrical Fit Out, have been identified and are currently being pursued. These contracts vary from the Central Belt of Scotland and across most of England and Wales mainly with current customers.

It is a really exciting time for the group as a whole and very satisfying that as a result of everyone’s hard work to date, we are able to increase our workforce by approximately 50% over the next 6 -12 months.