A social housing and public sector building services firm is targeting a £50m turnover over the next few years as it marks its 25th year in business.
Bristol-based MD Group repairs, maintains and refurbishes more than 100,000 homes across the South West each year, with a client base of more than 30 local authorities and social landlords.
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Since its formation in 1998 the company has grown to a £42m turnover operation, employing 300 people out of offices in Bristol, Exeter, Poole, Bridgwater and Abingdon.
The company has grown by 17% in the past 12 months and is forecasting further 20% growth in the next two to three years.
Founder and executive director Steve Devlin said: “Our continued growth is a credit to the people in our team, the deep relationships we’ve built with our customers, supply chain partners and the residents whose homes we help to look after. The business has grown and evolved, but these relationships endure.
"Over the years we’ve been fortunate enough to have attracted some of the best people in the industry but I genuinely believe the current team is the best our business has known.”
Mr Devlin said the forecast growth would provide more apprentice and training opportunities for local staff, increased internal development for existing personnel, new office and trade positions around the region.
Mr Devlin said: “Our target is to organically grow turnover to £50m per annum through a sustainable, targeted bidding model which focuses on growth within our existing geographical coverage in the South and South West of England.”