ReactFast – not just fast by name, but genuinely
fast by nature!
Not only have we attended some 135,000 same day domestic
repairs in the last year, but now we are delighted to announce
that ReactFast has today joined the highly prized ranks
of the Sunday Times Fast Track 100 list for 2005!
Compiled by Fast Track (an independent research company
that tracks Britain's top-performing private companies and
entrepreneurs), the Fast Track 100 list is a roll call of
the UK’s fastest growing companies by turnover formally
measured across a three year period.
Members of the Fast Track 100 list can expect considerable
media and investor attention as they are likely to develop
as major UK companies in the future.
In the first year of trading ReactFast revenues were £2.9m.
In only our fifth year, we expect group turnover to reach
£14m. Based on the Fast Track revenues analysis that
makes ReactFast the UK’s 88th fastest
growing company!
Sponsored by Virgin Atlantic, members of the Fast Track
list can also be nominated for additional awards related
to branding and management style. These awards will be made
at a Fast Track ceremony chaired by Sir Richard Branson
at his home in Oxfordshire in May.
This is, of course, a phenomenal achievement and reflects
fantastically well on all ReactFast staff, franchisees,
sub-contractors, suppliers and associates.
Naturally ReactFast’s plans for 2006 are as big as
ever.
As always we’ll be expanding our national directory
advertising campaigns, currently a £2m annual spend.
But we’re also keen to begin to develop substantial
business to business relationships. We’re already
managing 100 jobs every week for B&Q and negotiations
have begun with a number of insurance companies and other
prospects.
Plus we’ll continue to develop our franchising products
into additional trades. In our first year of franchising,
2005, we sold 43 plumbing franchises in just nine months
with each franchisee, as expected, turning over an average
of £2,000 each week and with several already employing
additional engineers and buying second territories! We anticipate
that franchise sales in 2006 will significantly exceed sales
in 2005.
And we’re opening a brand new training establishment
in Birmingham. In it’s first year we will provide
a minimum of 150 courses in the plumbing, gas, security
and electrical trades.
We’re also re-visiting our very successful Home Assist
domestic plumbing contract with a view to expanding both
it’s scope and attractiveness to customers. With thousands
of happy customers already on board we’ll be seeking
partners to work with us to distribute this fully in-house
product in 2006.
With these high return, low-cost, low-risk investments the
ReactFast rocket-ride continues…
Should you wish to discuss our entry
in the Fast Track 100, please contact: