(L-R) Hywel Roberts and Paul Lewis- Hoop Recruitment founders
Cardiff-based Hoop Recruitment is set to increase its turnover by 50% in 2019 after launching an ambitious growth plan with the help of Business Wales, the business support service provided by the Welsh Government.
Launched in August 2016, Hoop Recruitment specialises in the education, social care, nursing and defence sectors and has worked closely with Business Wales since its inception, to support its ongoing growth and expansion strategies.
In 2018, with dedicated help from advisors in Business Wales, the company expanded its workforce to 12, launched a new HR recruitment division and opened its new office in the centre of Cardiff.
This year the company is expected to increase its turnover to £3.2m - an increase of 52 per cent from the previous year - and plans to hire an additional five employees, as well as launching a new recruitment division for the engineering industry. The expansion will help Hoop Recruitment increase its reach across Wales.
Speaking about the growth ahead and support received from Business Wales, Hoop Recruitment co-founder Paul Lewis said:
“The length and breadth of assistance received from Business Wales has been a clear catalyst for growth. We have received financial support and marketing advice that has been essential to our growth plans, and without them, we wouldn’t have been able to expand as quickly or successfully as we have done.
“Last year our turnover was £2.1m and we expect that figure to increase by at least 50% while employing more people and expanding our services. That’s really exciting for us and it’s a testament to the quality of the support we’ve received from Business Wales.”
Alongside company growth Paul also expects Hoop Recruitment’s newly launched HR division to play a key role in addressing a growing market niche from an undervalued work demographic in Wales:
“The launch of our HR division comes at a really interesting time for the recruitment industry as a whole. Now more than ever we are seeing companies recognise the importance of gender equality and diversity in the workforce and we’ve recently partnered with Chwarae Teg to help HR professionals tackle these issues. Gender equality is essential for a prosperous Wales.
“We are also seeing a big demand from employees for flexible work opportunities and we want to help companies get it right. There is a significant amount of parents who are being held back by rigid work structures and by helping to correct that, we really think we can carve a niche in the industry. There is an abundance of talent out there and we want to continue providing a more personable, honest, consistent and professional service for individuals and companies alike.”
Business Wales, which is funded by the European Regional Development Fund through the Welsh Government, supports the sustainable growth of small and medium-size enterprises across the country by offering access to information, guidance and business support.
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