Firms flourish at SciTech Daresbury

Firms flourish at SciTech Daresbury

Businesses based at Sci-Tech Daresbury grew sales by 25% in 2015, delivering more than £90m in sales and creating 87 jobs at the site.

A survey of 82 companies based at the Cheshire site has revealed they delivered £92.4m in sales during 2015 – a rise of 25% on the previous year.

A total of 21 companies on campus now have sales of over £1m per year from operations based out of Sci-Tech Daresbury, with six of these having sales greater than £5m per year.

Seven out of 10 businesses (70%) surveyed were trading overseas and export sales from Sci-Tech Daresbury companies grew from 37% to 41% of total sales, equivalent to £37.9m of sales.

Companies also created a net increase of 87 FTE jobs in 2015. Eight companies are now employing higher level apprentices.

John Downes of Sci-Tech Daresbury said the figures were an encouraging indicator of the continued success of the site.

He said: “These figures come at an important time for the campus as we bring forward our new Techspace developments which will see a further 350 jobs created over the coming year.”

Practical completion of Techspace Two, a two-storey, self-contained building comprising 10,000 sq ft of modern, flexible office space and best-in-class laboratories, is due to take place soon.

Work is also progressing on a larger sister building, Techspace One, which is a three-storey structure with 46,000 sq ft of modern office space along with wet and dry laboratory facilities, each on its own floor. Techspace One is due to finish in the Autumn 2016.

The completion of both buildings will see a further 350 jobs created at the campus, which is one of the UK’s leading centres for science and technology businesses.