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Professional Services

Growing firm Great Annual Savings to invest £3m into swish new HQ

The firm's CEO plans to make the HQ the best office outside of London and Manchester with a gym, zen rooms and an arcade amongst other features

Brad Groves, CEO and chairman of Great Annual Savings, with the firm's new building behind him(Image: Tom Banks)

A growing North East company has revealed plans to invest £3m into its new headquarters where it plans to create hundreds of jobs.

Seaham’s Great Annual Savings Group, which was formed in 2012, helps businesses to reduce their variable costs in energy, water, telecoms, merchant services, insurance and more.

The firm, which has more than 10,000 customers across the º£½ÇÊÓÆµ and Ireland, last month announced plans to double it current headcount from 300 to 600 by the end of this year.

Now the firm – recently announced as Sunderland’s new main shirt sponsor– has announced it is quadrupling its office space after agreeing a lease on a new building on Spectrum Business Park, taking its total office space to 80,000 square feet.

And the new base will boast much more than desks for works, with plans including zen rooms, an arcade, a gym and top quality catering facilities.

The business cost saving specialist has been on a rapid growth journey since its inception in 2012, reaching 300 employees at the start of 2020 and recruiting 150 staff in the last 14 months.

After a 2015 move into the ground floor of Spectrum 6, the group is now becoming one of the region’s largest employers by adding a second floor to Spectrum 6 and taking on the whole of Spectrum 7.

The space available will provide GAS with the capacity to employ more than 1,000 people in a Covid-compliant, socially-distant working environment.