NG Bailey’s service division hits £60m revenues

NG Bailey’s IT Services division has announced strong financial performance for the year to 27 February 2015, reporting sales growth of 7% to just over £60m.

The engineering, IT and facilities services business says it has won 454 new contracts over the last 12 months, spanning the full breadth of its IT services offering, with significant projects varying from a next generation surveillance installation at the Grade II listed Lincoln’s Inn, to sophisticated structured cabling implementations for major financial services institutions.

In recent months, the division has won an increasing number of major projects in central London, including contracts with St. Edward Homes (a division of the Berkeley Group http://www.berkeleygroup.co.uk/), the Institution of Engineering and Technology (IET) and the capital’s iconic South Bank Tower. As a result of more businesses turning to NG Bailey the firm has increased its headcount by 11%.

Bob Dunnett (pictured), managing director for the division, told Comms Dealer: "The business continues to invest heavily in specialist training to ensure the team has the capability to deliver highly technical solutions in response to increasingly complex and demanding project briefs.

"This commitment enables us to deliver the best solutions to our customers when change impacts their sector. We’ve already seen examples of this in IP security and smart buildings and expect to see further disruption to companies as the Internet of Things (IoT) and smart cities shake up the market.\"

NG Bailey IT Services Ltd is a subsidiary of NG Bailey Ltd, the UK’s largest independent engineering, IT and facilities services group. For the year to 27 February 2015, NG Bailey posted an underlying operating profit of £3m against sales of £365m.

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