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l to r: Adam Cooper, Liam Nicholas, Gavin Collier
A rapidly-growing telecoms installation company has bought 10 new vans for its engineers, in a fleet which is expected to grow to 50 by the end of the year.
Formed at the start of 2024, based in Formby in Merseyside, TG Telecoms is forecasting to increase its turnover to over £10m in 2025.
Working with telecoms and utility providers, the company surveys, manages and installs telecoms services for the UK’s private internet access (PIA) network, mainly for residential customers but also for businesses.
Part of the Tower Grange Group of businesses, it was set up under the ownership of experienced telecoms expert Stephen Sullivan and banker and finance professional Steve Peck.
Supported by commercial director James Harman, strategy and development director Gavin Collier and a team of senior staff across the business, the company has ambitious plans for growth.
A key strategic partnership will be the relationship with vehicles broker Vanaways, who Mr Collier says will provide all of the batches of Ford Transit Custom vans needed over coming months.
“The residential installs side of our business is growing rapidly,” he said, “and we’re planning massive recruitment drive to have 50 engineers working for us by November.
“Each of them will need a van to carry fibre, cobra rods, splicing machines and all the other tools and materials they’ll need to do their work.
“As such its vital for us to have a reliable vehicles supplier who is focused on providing the best possible solution for us, quickly and flexibly.
“We’ve decided to purchase rather than lease the vehicles so that we have an asset in the business rather than a liability, and we know that with Vanaways we’ll be supplied them at the best possible fit for our requirements.
“On a personal note, I’ve worked with Liam Nicholas from Vanaways for several years and we have a strong relationship based on trust and mutual benefit. We’re excited to work together for the next phase in the growth of TG Telecoms.”
Vanaways has recently revealed plans to double turnover to £200m by 2026, as it celebrates its 10th anniversary in business. The Bristol-based company has seen spectacular growth since Covid-19, with turnover rising from £15m in 2020 to £109m in 2023/4.
Liam Nicholas, business development director at Vanaways, said: “The team at TG Telecoms share our values for industry innovation and a people-focused culture, so it’s great to be on board with them as preferred vehicles supplier.
“Of course with the internet continuing to play and increasingly important part of people’s lives and their businesses, the opportunities for future growth at TG are clear.
“We’re delighted to supply their engineers across the UK with the vehicles they need and we’ll support as TG continues to grow, as well on its aims to diversify into other sectors.”
The finance for TG’s purchase was brokered by Simply Asset Finance, whose area sales manager Adam Cooper said: “It's been an absolute pleasure dealing with TG Telecoms, a company with a clear, exciting plan for moving forward. Our bespoke finance package, fitting the customer’s requirements with the vehicle delivery schedule, demonstrates the great partnership Simply Asset Finance and Vanaways have in supporting British SME's."
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