Architects Fletcher Rae celebrate year of staff and turnover growth
Architectural firm Fletcher Rae has recorded turnover growth and doubled its headcount over the last 12 months.
The Manchester-based company has attributed a 60% turnover increase to new opportunities in the construction sector and the expanding scope of its ongoing projects.
To manage the rising workload, Fletcher Rae doubled its staff count and now employs more than 30 people at its design studio off Deansgate.
The firm is currently working on contracts across various sectors, including industrial, residential, healthcare, energy and retail. The average project varies from £3m to £20m, topping out at around £200m.
During the next two years, Fletcher Rae plans to focus on securing higher profile work to fully consolidate its position as a national organisation while continuing to expand its workforce.
Fletcher Rae’s joint managing director, Andrew Rae, said: “The scale and complexities of projects is increasing, bringing in new and larger commissions for the firm.
“For example the ink has only just dried on the paper, for two residential schemes in Salford and Liverpool worth in the region of £140m.”
He continued: “In addition, large projects that take time to go live are coming to fruition; for example, an energy contract in Gloucester, worth £200 million, has just gone live after 5 years of planning. This significant development is one of many for the business in this highly specialised sector.”
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