UKFast finds itself ‘in a fantastic position’

UKFast finds itself ‘in a fantastic position’

Manchester tech firm UKFast has found itself ‘in a fantastic position’ despite Brexit uncertainty as it looks set to hit its £40m turnover target.

UKFast is set to defy Brexit uncertainty with another outstanding year, adding more than 500 new customers, including three record-breaking deals, in the first half of 2016.

The fast-growing firm declared £34.3m turnover in 2015 and is on target to achieve £40m in 2016 through a combination of securing new business and maintaining high customer retention.

CEO Lawrence Jones MBE puts the continued success of the firm he started in a back bedroom in 1999 down to delivery of high-level customer service. 

He said: “We’re in a fantastic position, being big enough to deliver solutions for large enterprises, but small enough to guarantee exemplary British customer service.

“Businesses running eCommerce and mission-critical infrastructure need to pick up the phone and know they’ve got a great organisation behind them and people who are accountable. 

“More than 60% of our growth last year came from our existing customers growing their businesses and developing their solutions with us, which is something we’re incredibly proud of.

“We hear time and again that our services are key to our client’s growth so we’ll keep working hard to deliver for them.

“It’s clear that the model is working because we’ve welcomed some incredible brands to UKFast this year.

“Last year we were delighted to secure a contract with our biggest ever client and this year we’ve beaten that figure three times over and are working on even bigger deals again.

“Alongside all of this, the public sector arm of our business is beginning to really develop and we expect it to deliver huge results in coming years.”  

The growth spurt sees the hosting firm on track for EBITDA of £19m in 2016, following increased investment in personnel and hardware.   

UKFast, which ranked as the 5th Best Workplace in the Great Place to Work list, has now grown its team to over 300 and continues to recruit for roles in tech support, marketing, account management and sales.