A rapidly expanding Welsh utility company has invested £1.5 million and created 20 jobs in recent months.
Arch Utility Services of Porth is outstripping its forecasts as business continues to grow, despite the pandemic. The company is spreading its wings and opening new depots in the West of England and sites in the Midlands are being explored.
Managing Director Damian Tranter said that the company had invested over £1.5 million in equipment and now had a workforce of over 50, around 20 of these positions being created in the last 3 months.
“In recent months we have added two new Jet Vac Recyclers, a Super Recycler which is the first in Wales, plus an additional four camera vans to the fleet and we are continuing to invest as business grows. The workforce is now over 50, the majority of which is in Wales,” he said.
Arch Group has been supported by Tata Steel subsidiary UKSE which provided a six-figure investment.
Arch’s business plan had predicted forecast annual turnover of over £3.5 million in three years. “We are currently about 40% ahead of these targets and the future looks very promising. We are grateful for the timely support we received from UKSE which gave us a good platform from which to move forward,” added Sales Director Dave Lewis.
The company has seen sensational growth. “We are now in advance of our three-year business forecast plan, and have seen strong growth with new clients in Wales and the South of England. We have been able to invest to support this increased level of work.” “said Mr Lewis.
Training is vitally important. Staff have achieved the demanding NEBOSH standards in Health and Safety and also in Environment. “Training is a huge part of what we do, and we ensure skills and knowledge are always up to date.”
UKSE is now working with the team to discuss more investment options. “This is a very dynamic young business which has made an exceptional start,” said UKSE Investment Executive Martin Palmer. “In this capital-intensive sector, both the level and timing of capital investment is crucial, and we are collaborating with the team to see how we can offer more support.”