Business

Premier Electrics ‘switched on' for growth

The Fenwick flagship department store at Bracknell in Berkshire where Premier Electrics was engaged by Simons for the electrical fit-out

BELLAGHY-based commercial electrical contractor Premier Electrics has revealed details of growth drive fuelled by a pipeline of £42 million of work across Britain, Ireland and Europe.

Premier , which employs 150 people directly and indirectly, also said around 14 new jobs – including four apprenticeship opportunities - were created across the business in 2017 in estimating, design, marketing, contract management and site management.

It comes as the company announced bottom line profits of £3.16m from a turnover of £41.8m for the 12 month period to March – up from £1.95m which was based on an 18-month turnover figure of £51m for the period to March 2016.

Founder and chairman Mark Scullion said Premier Electrics had worked hard over its 24-year history to build a solid reputation for hard work and delivering complex, fast track projects on time and on budget.

“We have delivered more than 1000 projects in the last 24 years across countries including UK, Ireland, France, Germany, Spain, Portugal, Romania, The Netherlands, Austria and Belgium. We are a truly European business.”

He added that the company was continuing to perform well as a result of uplifts in general construction activity particularly in London and Dublin, but also in Belfast.

Premier Electrics recently secured work on two major schemes in Belfast – within the 13-storey River House office block in High Street working with Mac-Interiors as well as a major retail project in Donegall Place.

Managing director Tony Shivers said major UK and Irish retailers are continuing to press on with refurbishment and new-build plans throughout Europe despite the general uncertainty around the implications of Brexit.

“Whilst the broad construction environment continues to be challenging and we, like other companies, will face challenges as a result of Brexit, our strong order book and excellent team give me confidence for the foreseeable future.”

Mr Shivers praised Premier Electrics' staff for playing their part in delivering a great financial performance in a challenging economic environment.

Premier Electrics - which has undertaken to facilitate a number of year-long work placements in partnership with Ulster University - delivers electrical fit-out and maintenance projects for clients in the retail, leisure, industrial and commercial sectors.

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