Facilities management provider Pareto FM, has made it onto the 4th Sunday Times Virgin Atlantic Fast Track 100 league table.
The list, which ranks Britain’s private companies with the fastest growth, was published on Sunday.
Pareto FM focuses on technical facilities management and bundled facilities management solutions with a head office in Oxford. Its clients span a range of industries and the more than 175-strong team work with some big-name brands, including Deliveroo, Virgin Media and Amnesty International.
Tagged by the trade press as a ‘positive disruptor’ to the FM sector, Pareto FM has a core focus on social value and regularly launches and leads on initiatives to drive change both within and outside of its industry.
Founded in 2014 by Andrew Hulbert, the company has grown into a £14.1m business (up to September 2019), seeing annual sales growth of 58.51% over three years.
Earlier in 2020, Pareto FM founded the #FM10, a free virtual running event to tackle mental health fatigue during lockdown and in 2015, co-founded social enterprise ‘Tomorrow Meet Today’ to promote diversity in the facilities management industry through mentoring and an annual events programme.
Andrew Hulbert, Founder and MD, said: “Being a risk taker with an entrepreneurial spirit, leading the changing rhetoric that shrouds the traditional, operationally driven industry has been an experience. As an industry we must recognise the age gap within FM as the ticking time bomb and take action.
“We need to be able to build services for these incredible workspaces that they are delivering services to. And who better to assist millennial companies in this endeavour, than millennials themselves? The future of the industry starts with a will to drive a more innovative, strategically aligned mission to deliver exceptional places of work.”
He concluded: “This accolade recognises the size, scale and significance of the industry and the opportunity it has to drive strategic goals and productivity for all businesses. It demonstrates the growing relevance of FM as a great career and the opportunity the sector has to strategically shape the organisations it serves.”
