Business News - Soltech IT continues rapid growth

Name: Soltech IT Ltd
Address: Westway Farm, Bishop Sutton, Bristol, BS39 5XP, GB
Telephone: 01275 277 299

Soltech IT • 10 July 2015

Soltech IT Ltd has reported a 76% increase in annual turnover for the year ending June 2015, with similar increases to pre-tax profits, when compared to the previous 12 month period.

This significant increase is due to substantial six figure organic growth seen in the past 12 months, since July 2014.

Due to the improved levels of confidence in the market and the growth of Soltech IT, the company is making sizeable investments in services and new ‘state of the art’ corporate offices, which will provide the latest, and some of the most advanced technologies available.

Richard Sheppard, managing director, Soltech IT said. "We have had another strong year of growth as the market continues to recover and we are confident of another successful year ahead as we look to expand through continued organic growth and acquisition"

During the next 2 years, the company anticipates considerable growth through acquisitions, such as buying new product portfolios and selectively purchasing businesses which will compliment Soltech IT, with the short term ‘goal’ of achieving an annual turnover of £1.2 to £1.6 million during that period.

Business News - July 2015

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