Scope Construction is expanding its operation across the East Midlands after experiencing huge growth since starting life four years ago.
The company, which has increased turnover from almost £700,000 in its first full year 2020 to a projected £8m in 2023, will spearhead the next stage of its growth strategy from a new headquarters in Loughborough.
The current East Midlands Chamber Leicestershire Business of the Year – which provides construction services to the high-end residential, commercial and development markets – has a vision to increase revenue to £20m by 2026.
More than 30 business leaders and His Majesty’s Lord-Lieutenant of Leicestershire attended the official opening of the company’s new office in the Heritage Building, Loughborough, which will accommodate its team of 35 people, as of August 2023, with space for future expansion.
Maz Patel, who co-founded Scope Construction with business partner Paz Patel in 2019, said: “It was fantastic to welcome business leaders to the official opening of our new headquarters, which we firmly believe will be the launchpad for more exciting growth after what has already been an incredible four years in business.
“After building a strong foothold in Leicestershire by becoming a key member of the local business community as well as providing exceptional services to clients, our vision is to continue expanding our presence across the wider East Midlands by seeking new partnership opportunities in Derbyshire and Nottinghamshire.
“This is a significant landmark in our journey and it was great to thank some of the people who have supported us along the way by welcoming them to our new home.”
Scope Construction has provided construction, refurbishment and interior design services for a number of £multi-million projects – ranging from commercial office refurbishments, leisure and hospitality schemes, community projects and large private rental residential and student accommodation blocks.
Notable schemes have included the What A Goal sports and entertainment venue in Leicester, the Commercial Square Office Development in Leicester and multiple student accommodation and private rental schemes in Loughborough and Nottingham.
As well as expanding in to Nottinghamshire and Derbyshire in existing markets, Scope’s next three-year plan aims to diversify into the public sector particularly in new build affordable housing, assisted living , education and regeneration of town centres and the public estate.
Paz Patel added: “We have built our reputation largely via word of mouth for excellent customer service and build quality. Our attention to detail has extended to placing a strong emphasis on delivering high social and environmental value – something we believe to be vital for modern-day construction projects as businesses are increasingly reporting on these aspects across their supply chains.
“We are particularly keen to develop long-term client relationships in order to secure repeat business and recommendations, with a vision to become the region’s construction partner of choice on high-value commercial projects.
“By working collaboratively, we can provide bespoke, professional services that are delivered, on time, on budget and to the highest quality in order to achieve their desired outcomes.”
Michael Kapur OBE, His Majesty’s Lord-Lieutenant of Leicestershire, officially opened the Loughborough office.
He said: “I was delighted to officially open Scope Construction’s new headquarters. This comes after four years of exponential growth despite the challenges of the pandemic, which is truly remarkable.
“Scope is an important part of the construction industry in Leicestershire, and I am looking forward to seeing how it continues to grow in the future.”