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Mackenzie Stuart history
Mackenzie Stuart company history timeline
2005 October Nick Jenkins joins the business
2006 May Mackenzie Stuart records over £1.3m in sales in year 1 and expands into 2 new market sectors, Finance & Oil & Gas
2007 May Year 2 again shows over achievement of profit & revenue targets achieving over £3m in revenue.
2008 May Year 3 ends with revenue growth to £4.5m
2010 October Nick Jenkins & Dominic Paglia promoted to the positions of Managing Director.
Year 2011-12 sees a doubling in revenue to £2.5m & huge success within brand new markets.
The year ends on a high, with turnover up by 20% to over £3m, & profit more than doubled on 2012.
2013 December New recruitment businesses are set up for two top performing managers and these quickly establish themselves as leaders in their fields
The first additional business set up by Mackenzie Stuart in 2013 completes their MBO from the group.
2014 February The year ends with another strong performance.
Headcount grew by around 50% during the year, with plans to grow this by another 50% by 2014, to take the company to in excess of 55 strong.
Firm plans are put in place to open a London office in 2014
2015 February Year 10 finishes with turnover up by 45% to £4.5m & profit increased by 40%. Across the group turnover reaches £6.5m with a headcount of over 70.
Plans are put in place for further growth including the creation & funding of a further group recruitment business in 2015.
2016 February The financial year end sees MS turnover grow to £5m, and group turnover touch £10m across five separate businesses.
2017 February Another year end sees a 20% increase in group turnover to over £12m, with headcount passing 130 across 5 companies and 10 offices.
2018 February The group sees another record year with revenues increasing 26% to £15.3m.
Firm plans are put in place to open a New York office in spring 2018, giving the option for UK staff to transfer over.
2019 April The management team of Nick Jenkins & Dominic Paglia complete a management buy out of the business
2019 December The financial year ends with a 28% increase in group turnover, up to £23m.
2020 December Despite the global upheaval caused by Covid 19, the group reaches £20m in revenue and remains strongly profitable.
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Mackenzie Stuart may also be known as or be related to Mackenzie Stuart and Mackenzie Stuart Ltd.