solent 250


Welcome to a regular Solent 250 column, bringing together news about our annual campaign and the companies in our 250 listing


column


• Colt Group, founded as far back as 1931, had a highly successful 2016, its results show. With 3,000 completed projects during the year, Colt has boosted turnover to £158.2 million and recorded its second successive year of profit growth.


Mark Oliver, CEO, who came into the role in April 2016, has clarified Colt’s business model, which is to operate as a specialist design-and-build contractor with an associated service and maintenance business, and also to manufacture a proportion of the products and systems Colt uses in its solutions.


With turnover up from £141.7m in 2015, Colt is likely to jump up the Solent 250 list from its current position at number 19.


The Innovation Group chief legal officer James Liddiard has left the company after 15 years to join Colt Group.


News from the list


He replaces Jo Humphrey, who left in June after six years at the helm of the legal and commercial team to become a consultant.


• Recruitment firm Fusion People, which specialises in construction, rail, civil engineering, IT and insurance markets, has supplied teams for a number of major projects including Crossrail, High Speed 2, and Great Western Electrification.


With a head office at Whiteley, Fusion People is currently number 20 on our Solent 250.


• RSM, which sponsors the Solent 250 alongside HSBC and law firm Irwin Mitchell, reports that middle-market companies across the south remain positive about the impact of Brexit on their businesses.


According to the latest YouGov survey commissioned by the audit, tax and consulting firm RSM, the quarterly Brexit


Monitor Index, in which any reading above 100 (on a scale of 0-200) indicates that businesses are more optimistic than pessimistic, sentiment among regional businesses about the impact of Brexit on their business over a five-year period remained static at 116.


Respondents in the south were also positive about the wider economic impact over the same period, with an index score of 107.


The national survey of more than 300 UK leaders of mid-market companies also revealed that respondents were quite bullish about the prospects of a good Brexit deal. In total, 45% of those surveyed said they were confident that the Government could achieve a good deal. This was more than double the 21% who said they were not confident of a good deal.


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for more information contact: peter@elcot.co.uk 0118 9766416 48 businessmag.co.uk THE BUSINESS MAGAZINE – NOVEMBER 2017


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