NMC Group, the car park construction, refurbishment and maintenance service provider, has reported a record year in its 2019 results.
The company, which has its head office in Doncaster and locations throughout the UK, reported revenues of £19.3m in 2019, an increase of 17 per cent from 2018.
The top-line growth follows a 26 per cent increase in revenues from 2017 to 2018. As a result, the business was named in Insider’s 2019 Growth 100 list.
NMC Group put its growth down to strong reoccurring revenues with a number of blue-chip brands and the addition of new customers including Sainsburys and Morrisons. It has also diversified, offering complimentary services in drainage and specialist surface coatings, most recently hiring Rob Gourlay from Eurovia to head-up the specialist coatings function.
Patrick McCracken, managing director at NMC Group, said:
“I am really proud of the NMC team, two years of controlled growth against a backdrop of wider economic uncertainty. We continue to differentiate ourselves by offering our customers innovative solutions and an overall experience that does not follow the more traditional contracting model.
“With a strong pipeline and forecast revenues of more than £25m in 2020, and the potential to achieve £30m in 2021 we will continue to invest in our people and new technologies to underpin our growth.”