£3m turnover for recruitment business in first year of trading

Tuesday, 1 October, 2019 - 13:58

Recruitment company, Farley & Jones Recruitment Ltd, excels in its first year of business with a £3m turnover and sights set on £10m for 2020.

The business has experienced a great deal of expansion since it was established and began its partnership with finance provider, Skipton Business Finance, in 2018. In this period, the business has seen a turnover of £3m in its first year and has increased its employee numbers from three, to 15 staff members spread between its offices in Tamworth, Corby, and Rugby.

In addition to this success, Farley & Jones are celebrating a record week of £168,000 in turnover last week.
Billy Farley, Managing Director and co-founder of Farley & Jones, said: “Since we established the business in 2018, we have experienced rapid growth in employees, locations and turnover,”

“Our partnership with Skipton has allowed us to expand at a very fast rate since establishment and within this period we have developed a great working relationship with them.” Mr Farley added.

The business now has offices in Corby and Rugby and has recently landed a large household courier as an on-site provider. The business is now aiming for a turnover of £10-12m next year, after a successful first year and is looking to keep expanding, with the potential of looking for a fourth location in 2020.

Speaking of the future of the business, Mr Farley said: “We want to continue expanding in the industry, priding ourselves in bringing a young and vibrant energy to the recruitment industry.”

Dan Iwanczuk, Relationship Manager at Skipton Business Finance, said: “As we have supported Farley & Jones since their commencement in 2018, it is pleasing to see their rapid success and to know that we have played our part in helping people achieve their goals.”

To find out more about Farley & Jones Recruitment Ltd, visit: https://www.farleyandjonesrecruitment.com/

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Farley & Jones is a recruitment company established in 2018 by Billy Farley and his business partner, Tom Jones. The business specialises in suiting candidates to vacancies in the industrial, skilled & technical, commercial and driving sectors. The business offers both short-term and permanent vacancies to candidates in these sectors and has offices based in Tamworth, Corby and Rugby. The company also owns another business, Farley & Jones Staffing Solutions.

For more information about Farley & Jones, visit: https://www.farleyandjonesrecruitment.com/

 

Skipton Business Finance Limited, a wholly-owned subsidiary of Skipton Building Society, is a factoring and invoice discounting company. Established in 2001, SBF provides financial products ranging from invoice factoring, invoice discounting, and its award winning My White Label solution. Skipton Business Finance is also an accredited lender of the Enterprise Finance Guarantee Scheme. It continues to be a UK-leading financier in the invoice finance market and is keen to maintain its position as a major, client-focused organisation in the UK.

Want to know more?

Please contact Ed Carney on 0113 242 3237 or email info@skiptonbf.co.uk for further information.