Rtel.co.uk
Title
Real Time Engineering Ltd
Description
Leading Scottish business and IT consultancy, Real Time Engineering, has posted a 20% increase in turnover to over £8M, and a 22% increase in pre-tax profits, following a number of significant new business wins across key markets.
Pre-tax profits for year ending 30 September 2005 were up to £674,396 from £550,749 in 2004 with turnover increasing to £8,258,594. Gerry Docherty, co-founder and managing director of Real Time, said that in addition to new contracts secured, a series of key strategic appointments and international opportunities have facilitated the growth.
He said: “The business plan is geared toward maintaining year-on-year turnover growth of 20%, and we will be near to £10M turnover in the current year. We’ve strengthened our resources over the past year through a 21% increase in staff numbers, but to achieve this level of growth going forward we must continue on our full-scale recruitment drive.
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