Vehicle safety equipment supplier Spillard Safety Systems has set out a five-year business plan that could see it double annual sales and create 50 new jobs – if it could just find the right premises.
The Wolverhampton-based company, which supports hundreds of customers in construction, plant and transport, has seen sales soar following the first lockdown and is £1.5 million up on the previous 12 months – recording £7 million turnover for the first time in its history.
The family-owned business now has a pipeline of orders that means it needs additional administrative space and VCA-approved workshops that will allow it to fit equipment before vehicles are registered.
But bosses have been refused planning permission at its existing site in Four Ashes and are now searching for a 40,000 sq ft property in Cannock, Stafford, the north side of Telford or Wolverhampton.
Finance director Craig Spillard said: “The last nine months have been phenomenal for the business and this is mainly being driven by demand from the transport sector, who are looking to create safer vehicles whilst tapping into the benefits of real time video footage and data.
“Our Spillard Live offer, an intelligent video telematics platform, is proving really popular for companies who want live monitoring, reporting and safety management of their fleets and we’ve only really scratched the surface with the roll-out.”
He added: “We believe we could double sales by 2025 and this will mean 50 new jobs in total, but the big stumbling block is having the space to match our expansion plans.
“We’ve been told we won’t get planning permission at Four Ashes due to issues around maintaining the look of the industrial estate, which seems a little strange to us.
“There also seems to be a real lack of commercial properties that sit in the 40,000 sq ft bracket that we could move into.
“Developers seem to have focused on the big industrial sheds and distribution centres and forgot about the need for high quality space for SMEs looking to grow. If anyone has got something, we’d love to talk.”