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WHAT’S NEW?


Cloudfm Employees Gain Greater Share In


Company’s Success Cloudfm has announced its Employee Partnership Scheme. The new profit-sharing structure will give all staff, from apprentices to directors, a major stake in the company’s ongoing success.


The Scheme will offer a substantial and uncapped payout, which will be equal across all non-shareholder permanent members of staff, and will be calculated as a proportion of the company’s EBITDA in the 2019/2020 financial year. There will also be the opportunity for new members of staff to join the Scheme, as and when they come on board.


With the company expanding rapidly, and set to achieve ambitious growth targets over the next three years, the board and CEO took the decision to create the Scheme as a highly tangible reinforcement of Cloudfm’s commitment to its people, and its belief that hard work, leadership and innovation should be fully recognised at all levels of the organisation.


Cardiff Scheme Is A Capital


Success For Firestone Firestone Building Products’ RubberGard EPDM roofing membrane has been used to finish the roofs of Three Capital Quarter; a seven storey landmark commercial scheme in the centre of Cardiff’s Commercial Enterprise Zone.


Specification for the roofs of the 77,931 sq ft grade A office building, designed by architects, Morgan 2 Hayman, was driven by the developer, JR Smart, after the company had been impressed with the ease of installation and performance of Firestone’s RubberGard EPDM membrane on its previous Capital Quarter schemes.


Jeff Dewing, CEO of Cloudfm Group commented: “Cloudfm’s exponential growth over the last six years has been driven by the passion, commitment and belief of our ever-growing team. We want to reward that hard work as much as possible, and also give our colleagues a material stake in the overall performance of the business.


“Successful businesses foster a positive environment, giving their staff the best possible opportunity to thrive and excel. As a group, the Cloudfm Board felt that inviting all of our colleagues to share in the


www.tomorrowsfm.com


Gary Foster from JR Smart commented: “We had used Firestone’s RubberGard EPDM membrane on previous schemes on the Capital Quarter development and had been very pleased with how quickly and easily it could be installed with a neat finish.


“The service life of the roof is very important for these high calibre office schemes as it will reduce maintenance requirements and


financial success of the business was an important step in helping them to perform at their absolute best, and drive our mission of changing facilities management for the better.”


Caitlyn Brown, Operations Coordinator and former apprentice at Cloudfm, and Partner in the new Scheme,


ensure the building retains its Grade A performance. We’re confident the strength and durability of RubberGard EPDM will give us a fit and forget solution.”


The RubberGard EPDM membrane was installed by Firestone Licensed Contractor, Envirotek, on the main roof area at seventh floor level along with the terraces at first and sixth floor level. The contractor was involved in the project at design stage to ensure that sufficient provision was made for drainage to maximise roof performance and avoid any risk of standing water.


The scheme involved installation of a tapered insulation scheme, creating a fall to the drainage points, followed by the RubberGard EPDM. The membrane was interfaced with window cleaning abseiling hooks around the perimeter of the seventh storey roof, along with steel columns that support maintenance gantries, structural steelwork installed on the roof to create visual shielding for rooftop plant and support steelwork for a solar PV installation, with Firestone’s QuickSeam FormFlash used to fully-encapsulate all details.


www.firestonebpe.co.uk


added: “It’s always been exciting to be part of such a fast-growing, dynamic organisation, and the new Employee Partnership Scheme just adds to the satisfaction of working in an organisation where hard work and effectiveness are always recognised.”


www.cloudfmgroup.com TOMORROW’S FM | 09


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