A Tadcaster-based first aid training provider, hit by the recession, is on course to double its turnover, thanks to the help of Wetherby accountancy firm Franks Accountants.
First Rescue Training & Supplies, which was formed in 2003 and has national blue chip companies amongst its clientele, as well as local authorities, is set for year on year growth after seeing its turnover rise from £391,595 in 2014 to in excess of £750,000 in 2015.
After seeing business activity fall during the recession, the resurgent economy and growing business confidence has seen First Rescue thrive, fuelled by a demand for its first aid training and increased sales of training supplies, including defibrillators for public access areas.
Adam Franks, owner of Franks Accountants, has worked with First Rescue Training & Supplies for the past eight years and has helped maximise its profitability throughout this period of evolution, acting almost as an outsourced Finance Director, after advising on business growth strategies, company structure and ensuring a smooth transition when First Rescue became a Limited company.
Craig Ward, managing director of First Rescue Training & Supplies Limited, said: â€œWe have experienced a growing demand for our training services as a result of the thriving economy, which has meant that businesses are more confident to invest to support their growth. It is exciting times for us and the outlook is very positive on the back of our year on year growth.
I can’t thank Adam enough for his support and sound business advice over the years, which has certainly assisted with the growth of the business. His straightforward advice together with his approachability has been fantastic, and I am looking forward to building on our excellent work relationship.
Since its formation in 2014, Franks Accountants, which offers accounting, tax and business support to a range of businesses, has experienced significant growth with more than 80 clients on its books.
Mr Franks said: I am delighted for Craig and the success his business is enjoying. Having clients such as First Rescue Training & Supplies on board, together with improving economic conditions, is also helping to drive our own growth too. I would like to wish Craig all the best with his business and long may our very good working relationship continue.