Bristol recruitment company smashes first year targets by 300%
A Bristol recruitment consultancy beat its first-year targets by more than 300%, turning over a massive £2.2 million. Paratus People, which was launched in April 2016, is now opening a new office in Amsterdam to expand its European client base.
The company, which specialises in recruiting for the broadcast technology and Internet of Things (IoT) industries, is hoping to grow its sales to £6 million this year.
Set up by recruitment expert Tom White, who previously worked as a director at People Source helping grow the company until its sale for nearly £20 million in December 2015, Paratus People now employs six staff at its Queen’s Square office and two further staff at its new Amsterdam office.
Managing director, Tom said: “Companies want to work with people with passion and drive, who aren’t going to become complacent. With some of the really big recruitment agencies, it can become a churn whereas for us, every client matters.
“With Paratus People, we want to create a culture that makes people feel at home, enjoy what they do and feel proud of their work.”
Paratus People provides consultancy and recruitment services for FTSE 100 companies through to fast growing young tech firms. Its clients include TomTom, BSkyB and NTT Data.
The vast majority of Paratus People’s clients are in mainland Europe so the team provide consultancy on EU compliance and regulatory issues.
Tom, who studied a computing course at the University of the West of England (UWE) Bristol, believes his strength has been in understanding the industry he serves. He said: “After university, I was fed up of coding so went into recruitment, but a lot of my friends remained in the field so I started doing work for them and quickly built up a reputation as a recruiter who really understood the industry.”