Ian Humphreys who founded B.I. Electrical Services in 1989 believes that despite the significant challenges faced by the electrical engineering sector, opportunities exist locally and globally for the high quality electrical engineering services provided by his company.
He said: "This year has been a remarkable period of growth for B.I. Electrical Services allowing us to strengthen our local operations and to explore opportunities in the global markets. As part of the expansion we have strengthened our leadership team through the appointment of Jim Speirs who is known across the world as an advocate for high quality standards across the industry. This allows us to enter export markets with enhanced creditability and awareness for the high quality and standard of services that B.I. Electrical Services delivers."
The expansion plans come on the back of a report by industry analysts Plimsoll, who name B.I. Electrical Services as one of the top performing UK companies consistently across sales growth, best trading partners, pre-tax profit margin. B.I. Electrical Services whose turnover was £7.8m in 2011 is expected to grow to £12m by the end of this financial year. The analyst report names B.I. Electrical Services as the only Northern Ireland Company to be ranked alongside industry leaders in the top 5 places for growth across the UK's Electrical Contractors industry.
Newly appointed board member Jim Speirs believes the Asia Pacific region and Saudi Arabia represented a significant opportunity for B.I. Electrical Services.He said: "Both regions have fast-growing economies and this is creating opportunities for electrical engineering that B.I. Electrical services are ideally placed to take advantage of. The quality management that B.I. Electrical Services brings will create a significant differentiation from which we are confident of securing new business." SOURCE B.I Electrical Services