Facilities management firm doubles revenues over four years

By Tim Aldred

05 Apr 2024

Nick Victoria Centre

Leyland-based facilities management provider Aston Services Group has more than doubled its annual revenues since 2020.

The group provides security, cleaning and maintenance services across the country to shopping centres, retail and business parks and multi tenanted office buildings.

Following the appointment of Nick Atkinson as managing director in March 2019, organic growth has increased revenues from £8.5m in 2020 to £17.3m at the end of 2023 with profits increasing threefold. Forecasts for the end of this year are in the region of £20m.

This growth has been achieved by way of expanding the company’s client portfolio and efforts to retain the existing client base, which includes such names as property management specialists Savills, Workman LLP, Munroe K and Ashdown Phillips.

The most recent contract renewals are those of The Harvey Centre in Harlow, Dalton Park in Durham and the Millgate Centre in Bury, continuing the firm’s outstanding success of an almost 100 per cent contract retention rate.

The company has also concentrated on staff retention, and currently only has eight vacancies across its workforce of 740 staff, representing one of the lowest levels in the industry.

Nick Atkinson has also been responsible for demerging the group, consisting originally of five divisions – security, cleaning, maintenance, industrial and hygiene - to allow the respective businesses to focus on their core competencies.

He said: "The last few years have seen the group deliver record operating profit, and outstanding growth in revenue, consolidating our position as one of the leading facilities management companies in the North.

"These results reflect the trust our clients put in us, and the excellent service standards upheld by our fantastic workforce. We have set our sights on another successful year and continued sustained growth for the future."

Enjoyed this? Read more from Tim Aldred

Latest news

1

Fit-out begins at hospital's new £1.5m annex Greater Lancashire Hospital Annex

Fit-out begins at hospital's new £1.5m annex

13 Jun 2024

2

Ribbon cut on Blackpool's £23m tramway extension Blackpool Tram Extension Launch

Ribbon cut on Blackpool's £23m tramway extension

13 Jun 2024

3

Pension firm announces service expansion for businesses Paul Rowe Pro Start Pensions

Pension firm announces service expansion for businesses

14 Jun 2024

4

The fear of getting women's health in the workplace wrong symptoms.png.png

The fear of getting women's health in the workplace wrong

14 Jun 2024

5

Accrington Stanley Women appoint new head coach New Accrington Stanley Women Head Coach James Mallett.jpg.jpg

Accrington Stanley Women appoint new head coach

14 Jun 2024

Lbv116 Ltb Strip980
Background image for hub sign up block

LBV Hub

Reach 50,000 members of the Lancashire business community

Post your news
Post your events
Post your offers
Company profile
Social reach
Magazine coverage
Sign-up
Events
RISE - The Academy for Female Leaders and Managers
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
11 Jun 2024 - 04 Dec 2024

RISE - The Academy for Female Leaders and Managers

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 16:30

Business Networking in Chorley - BNI Endeavour
EVENT LISTING SIZING Endeavour.png.png
LBV Hub Networking
18 Jun 2024

Business Networking in Chorley - BNI Endeavour

Oak Royal, Bury Lane, Chorley, PR6 8SW

06:30 - 08:30

Business Networking in Blackburn - BNI Vista
EVENT LISTING SIZING Vista.png.png
LBV Hub Networking
18 Jun 2024

Business Networking in Blackburn - BNI Vista

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:45 - 08:30

Business Networking in Accrington - BNI Zeus
EVENT LISTING SIZING Zeus.png.png
LBV Hub Networking
19 Jun 2024

Business Networking in Accrington - BNI Zeus

The Mill House, Corn Mill Yard, Accrington, BB5 5HX

06:45 - 08:30

Free 4 Week Growth Ignition Coaching Programme
UCLan Primary logo RKE.png.png
LBV Hub Seminars
19 Jun 2024 - 03 Jul 2024

Free 4 Week Growth Ignition Coaching Programme

Online, Preston, PR1 2HE

12:00 - 13:30

Business Networking in Preston - BNI Diamond
EVENT LISTING BNI Diamond.png.png
LBV Hub Networking
19 Jun 2024

Business Networking in Preston - BNI Diamond

The Marriot Hotel, Garstang Road, Broughton, PR3 5JB

07:15 - 09:00

Exclusive Free Event - An inspiring morning with Professor Paul McGee, The SUMO Guy
Paul McGee Event
LBV Hub Seminars
19 Jun 2024

Exclusive Free Event - An inspiring morning with Professor Paul McGee, The SUMO Guy

Village Hotel Blackpool , Blackpool , FY3 8LL

08:30 - 13:00

Bold Moves Mastermind - Procrastination to Profitable Pricing
BV Online Course Title pages (1).jpg.jpg
LBV Hub Seminars
19 Jun 2024

Bold Moves Mastermind - Procrastination to Profitable Pricing

Oswaldtwistle Mills Business & Conference Centre, Oswaldtwistle, BB5 0EY

09:30 - 12:30

Business Networking in Burnley - BNI Kudos
EVENT LISTING BNI Kudos.png.png
LBV Hub Networking
20 Jun 2024

Business Networking in Burnley - BNI Kudos

Prairie Sports Village, Windemere Avenue, Burnley, BB10 2FU

06:45 - 08:30

THE ABSOLUTELY FABULOUS COMEDY DINNER SHOW
AbFab Social Post.jpg.jpg
LBV Hub Social
20 Jun 2024 - 20 Jun 2024

THE ABSOLUTELY FABULOUS COMEDY DINNER SHOW

Crow Wood Hotel & Spa Resort, Burnley, BB12 0RT

18:30 - 23:00

Business Networking in Lancaster - BNI Castle
EVENT LISTING BNI Castle.png.png
LBV Hub Networking
20 Jun 2024

Business Networking in Lancaster - BNI Castle

Vale of Lune RUFC, Powder House Lane, Lancaster, LA1 2TT

06:45 - 08:30

Business Networking in Preston - BNI Brunch
EVENT LISTING SIZING Brunch .png.png
LBV Hub Networking
21 Jun 2024

Business Networking in Preston - BNI Brunch

Samlesbury Preston Hotel, Preston New Road, Preston, PR5 0UL

09:30 - 11:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV116 Online Graphic
Subscribe now

Weekly news bulletin