Bid Specialists post 195% increase in turnover
Award Winning Bid Specialists, AM Bid Services are delighted to report an exponential 195% increase in the company’s turnover for its second year of year of trading. Turnover soared to £268k (with net profit of £68k) from £91k in Year 1 – all achieved with no external financial support.
Since AM Bid Services inception in October 2014, the company has grown from Andrew Morrison, the founder, to now having 4.5 employees. The recent appointment of David Gray as Bid Development Director, joining from multinational EDF Energy, as well as the 2016 Midlothian and East Lothian Chamber of Commerce ‘Best Employer for Student & Graduate Recruitment’ Business Excellence Award win make for a strong start to the company’s third year of trading.
AM Bid Services is proud to provide bid specialist services to businesses across the UK, with clients from FTSE 100 companies and household names, through national and regional businesses, to SMEs, micros businesses and sole traders. With more and more contracts going through formal procurement routes, organisations are realising that winning tendered business can be transformational for them by providing long-term guaranteed income streams.
Commenting on AM Bid Services exponential growth, Managing Director, Andrew Morrison said: “As our business enters its third year of trading, we have a strong and growing client base. An increasing number of these clients are using AM Bid Services as their bid team, outsourcing all their requirements to us. Very high win rates and high quality bid strategy advice are at the heart of our business. We look forward to continued growth and the opportunities that Year 3 is already bringing.”