Turnover set to double for Davies (Redditch) Ltd with move to new headquarters

Published by

Daniel Face

Rear view of technician on wooden ladder is working to install fiber optic and splitter box on electric pole against blue sky background

Civil engineering firm Davies (Redditch) Ltd is on track to double its turnover, as recent growth has brought about a move to new offices assisted by commercial property agents John Truslove.

The cable-laying business is forecast to reach a turnover of £8-10 million in 2023, up from £4 million last year. It represents swift progress for father and son Simon and Luke Davies, who established the firm three years ago.

Luke said: “We started out as just the two of us, a van and a digger. We specialise in the telecommunications sector, and we saw a major surge in work during Covid, when everyone wanted fibre and broadband.

“Simon’s partner, Dawn Cooke, handles the back office and is now our financial director. As work increased, we starting taking on more staff and after working from home to start with, we moved into offices at the Faraday Business Centre. However, we soon outgrew those as we took on more office staff.”

Nowadays, Davies employs more than 130 staff and operates 50 plus vehicles on projects across the UK.

Luke added: “With our experience of building networks such as Virgin Media, BT, Gigaclear and City Fibre we have built a really strong reputation for our work with existing clients.

“And with the way work is continuing to come in, and our strong growth, I wouldn’t be surprised if we have to talk to the John Truslove team again in the future about even bigger premises.”

Their current unit on the Hunt End Industrial Estate, Redditch was secured on a five year lease by Ian Parker on behalf of John Truslove.

He said: “When firms hit a period of major growth they often need to find bigger new premises in a hurry. Our strong relationships with landlords mean we are in a position to move quickly when the need arises.

“The Davies family have built a strong company with an excellent reputation, which means they are winning a lot of work and needed the right premises as a platform for further expansion.

“Simon, Luke and Dawn have forged a strong management team and I am sure we will be working with them in the future as the company’s growth continues.”

Daniel Face

Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL. Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience. Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.