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A North East cost management firm is poised to more than treble the size of the business after kick-starting a recruitment drive that will eventually see it employ 150 people at its Seaham headquarters.

This month Great Annual Savings Group moved into the Spectrum Business Park after outgrowing its original premises in South Shields.  The relocation was facilitated in part by a double funding boost – £400,000 from the Let’s Grow Fund and the largest cash injection to date in the North East from the Santander Growth Capital Fund.

Now Great Annual Savings Group says it has the financial muscle and capacity at Spectrum to increase headcount from almost 50 to 150 in the next two years.

Roles are currently available for talented Business Solutions Managers, who will look after the company’s growing portfolio of clients. Management and administration positions will also be created in time.

Bradley Groves, Chief Executive and Chairman of Great Annual Savings Group, said: “For several months we have been working hard to create an infrastructure that will allow the company to grow exponentially in the next few years. Our aim is to become one of the fastest growing companies in the UK and a market leader in our field.

“It’s not just about the growth of Great Annual Savings Group either. We will be creating jobs for local people, providing business for local suppliers and helping to reduce unemployment in the area. I’m from County Durham and I’m passionate about doing everything I can to drive forward the regeneration of Seaham and the wider North East.”

 

Established in 2012, Great Annual Savings Group works with businesses across many sectors to reduce their variable costs and save money in a range of areas including energy procurement, energy and water cost management, fire safety, telecoms and insurance.

 

The company was founded by Bradley Groves, who has a strong track record of improving the performance of high-profile FTSE 250 companies. Previously he was a board member of Caudwell Group and helped build the telecommunications giant into a high-growth business and a major global employer. He also held a senior board level role at Blacks Leisure Group PLC.

 

For further information about Great Annual Savings visit www.greatannualsavings.com.