Business & Economy
Director appointed as turnover doubles
November 24, 2017
North Shields-based GasTech Ltd, specialist in mechanical building services, has announced the appointment of Ross Bailey as a director
40-year-old Ross, from West Moor, Newcastle, will lead the mechanical installation division alongside director, Allan Stott.
Formed in 2005 by managing director, Craig Firth and his father, Graham, the company has almost doubled turnover from £2.5 million in 2016 to £4.5 million this year. It has also been nominated in the manufacturing and construction category at the North Tyneside Business Awards, which take place on November 30.
In a further new appointment, 36-year-old Tony Fraser, from Westerhope, has been appointed as estimating manager, as Craig builds upon his senior management team.
Ross Bailey, said: “My background is in mechanical engineering and I have progressed my career to project manager and most recently as a director.
“We have a 25-strong mechanical installation division and I am sure this will continue to grow as we develop new opportunities and drive forward with an integrated offer that includes design, installing and commissioning of mechanical projects across a range of sectors from care homes and hospitals to schools.
“I am looking forward to the challenges and opportunities that are ahead and I believe the commitment, knowledge and passion of the team will see the company continue to develop.”
Craig Firth started the business with his father in 2005 and took over its running in 2012. GasTech began as a service-based company that specialised in repairs and maintenance to gas boilers in plant rooms and in 2012 branched out into building services.
Craig, said: “I have a very clear vision for the future and our place in the market. However, the foundation of our business is very simple, to complete all projects on time, to the agreed cost and to the highest possible level of quality.
“Part of our growth strategy is identifying gaps in the market and the launch of the mechanical installation division is a great example of that approach. The division has grown rapidly by building solid relationships with our clients, which include Metnor Construction, Keepmoat and Compass Developments.
“My long-term plan is to establish an experienced senior management team to further grow the company. I am delighted both Ross and Tony accepted their positions as they bring a wealth of experience in their respective fields.
“It is an exciting time as we are seeing sustainable growth and with these key appointments I can focus even more on growing the business, with 2018 looking like another year of acceleration.
“We are also nominated in the manufacturing and construction category of the North Tyneside Business Awards and to get to the final is a testament to our team. I would like to thank every single member of staff for their efforts and to encourage them to stay focused and build on the momentum that we have created.”