A Newton Aycliffe-based procurement specialist is targeting a £2m turnover within the next two years having once feared the global pandemic could actually bring an end to the company he owns.
Johnson Procurement Solutions, based at the Incubation Centre on Aycliffe Business Park’s Durham Way South, recovered from a tough period at the height of Covid to achieve a record turnover last year, and is now looking to expand its workforce.
Managing director Steven Johnson set the company up in late 2016 and says he’s now more confident than ever that JPS can keep growing and has ambitious seven-figure targets for 2025.
Steven said: “We want to grow the business and within the next five years we want to have a £5m turnover.
“We recorded our best financial results last year, those increased by 45 per cent and we want to do that again.
“We have shown huge resilience and because of Covid we went from having a large number of small clients to just four or five large clients.
“This is due to the strategic change I implemented to target the larger companies with a global footprint.
“Our focus is now on project procurement, large scale, and we went from working with £50m turnover SMEs to targeting organisations who have a turnover of £3-10bn.
“It’s an exciting journey and while there are only five members of dedicated staff here at the moment we are looking to double that by 2025.”
JPS’ key services provide large project procurement, category management, commercial services, bid and estimating support.
The firm also provides strategic projects across industries such as oil and gas, energy, including renewables, the chemical sector and construction.
• Pictured above: JPS managing director Steven Johnson with associate director Maurice Johnson and procurement officer Niall Douglas.