Newspaper article The Journal (Newcastle, England)

Patrick Parsons Aims to Double Workforce; EXPANSION

Newspaper article The Journal (Newcastle, England)

Patrick Parsons Aims to Double Workforce; EXPANSION

Article excerpt

Byline: COREENA FORD coreena.ford@ncjmedia.co.uk

ACONSULTING engineers is on the hunt for new headquarters as part of ambitious plans which will see the firm double in size within three years and expand into Europe.

Established 50 years ago, Newcastle-headquartered Patrick Parsons offers full consulting engineering support to the construction sector, having developed a strong reputation on the back of its initial expertise in heritage.

Peter Stienlet and Mark Turner carried out a management buyout six years ago - months before the recession struck - but battled through by diversifying.

From a first year turnover of PS700,000 the business is now targeting sales of PS7m, and the eight-strong workforce it had in 2007 has rapidly expanded to 100.

Last month the firm expanded by acquiring civil and structural consultancy Stewart and Harris based in Birmingham, adding to offices in London, Birmingham, Glasgow, Chester, Huddersfield and Dubai.

And managing director Peter Stienlet said there is now huge potential to double the workforce to 200 within three years, by expanding into Europe.

"Mark Turner and I made the management buyout in 2007, just two months before the crash ... so that really was a good business decision," said Stienlet. "We had eight staff at that stage. I have always said I would have regretted not doing it, you fight for what you believe in and you don't know if you can achieve things if you don't try it.

"And we are now in a situation where we have seven offices and 100 staff and our target for this year is PS7m."

When Patrick Parsons set up the business in 1964 the firm specialised in heritage and worked closely with big names including Rank, but since 2007 the company has ensured work is spread over a variety of sectors including healthcare, leisure, retail, hotels and specialist areas such as white water courses. …

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