Call us today on:
+44 (0)1224 565000
Contact us today on:

£10m turnover and 100 staff target for Apollo Offshore Engineering

Engineering design and analysis service company Apollo Offshore Engineering is on track for significant expansion – with a doubling of turnover and a major increase in staff. 


And to facilitate a rapidly-growing order book the company has moved into new premises at Aberdeen’s Waterloo Quay.


Apollo has developed apace since its creation – at the height of the global financial crisis in 2010 – and its directors exercised endeavour and prudence from the outset, working as consultants by day and creators of the business by night and at weekends.


Managing Director Jonathan D’Arcy said: “The initial focus was on early revenue because we understood that Apollo would have to support itself financially from the word go if it was to be the sustainable business of our vision. Our strategy was to maximise cashflow and build capital until accumulated reserves allowed business premises to be leased and staff employed.”


From a standing start the company now employs 40 staff. In its last financial year, to September 2012, revenue increased by 400% and is set to double to over £3m this financial year, which is in line with a domestic and international growth plan to employ 100 staff and generate profitable revenue of £10m by the end of 2015.


A key tenet in the company’s growth plan has been its recruitment strategy in what is an increasingly constricted market, and its ability to look beyond obvious parameters.


And this is something that is endorsed by Subsea UK chief executive Neil Gordon. He said: “With the oil and gas industry continuing to be in robust health, highly skilled companies like Apollo are key to the industry’s ability to meet the increasing market demand for hydrocarbon resources.”


Mr Gordon, who will open Apollo’s new Aberdeen office on Thursday, May 30, added: “The challenge for Apollo and others is growth in a tight labour market, something that Apollo has addressed by casting a wide net to recruit engineers from other industries.”


Mr D’Arcy said: “Engineers in industries like construction and aerospace among others use many of the same engineering methods and technologies, and we’ve found that they become highly effective after a short period of acclimatisation to the challenges of the oil and gas industry.


“The recruitment of highly-skilled staff has been very challenging because of a shortage of experienced oil and gas engineers, but our vision and values have enabled us to compete by offering variety, challenge, excitement and personal and professional development opportunity driven by growth.


“From the outset we wanted to have a company where commercial pressures were secondary to delivering safe solutions and each of our staff is imbued with our desire for excellence without cutting corners.”


Its relocation to larger premises – from Navigator House to Nautilus House – is a significant step in the company’s overall vision of development and expansion, and will allow the Aberdeen team to increase in size from its current 30 staff to upwards of 50 in 2015.


Mr D’Arcy said: “In addition to the development of our Aberdeen facility, we are also experiencing high demand in the South-east of England which is putting sufficient growth pressure on our London and Nottingham teams to require expansion in that region this summer, and excitingly Apollo is on track to open its first international office later this year.”


The company is led by Mr D’Arcy and Support Director, Steve Leaper, Operations Director, Ryan Menzies and Engineering Director, Richard Bell.

« Back to headlines
Did you know @210Caboose is run by the same people as @210bistro? You can expect the same high-quality food, drink…
Looking for flexible office space in a prime location? Then get in touch with us today to discuss your needs! Email…
Read our June newsletter here: @Texo_DSI @OnePeterson @Quay_Fitness @Fairwayrock2017…
Another @DeuxConsulting Networking Lunch lined up at Waterloo Quay...
When it comes to accessibility we're in the 'quay' location! Only a 10-min walk from the city's bus and train stati…
Avoid costly city parking, noisy cafes & overpriced refreshments when catching up with a client or colleague...…
We have agreed a 5 year licence to operate @Quay_Fitness with Jamie Ballantyne of LFL Fitness! Read more at…
Our accountants made good use of our event and meeting space today for the @ElevatorAwards filming! #meetings…
All set for our LinkedIn Learning event with Miles Duncan, taking place in our event space in Provender House
For those who missed Shaun's story in last month's Business Bulletin, you can read the full article on our website…
Struggling to run your business from home & feel left out of the business loop? We might have the solution for you:…
Find out how you can #livethequaylife & #workinworkout by contacting us today on 01224 565000 or…
RT @WaterlooQuay: Have you booked our Speaking Up! event held by our on-site Cognitive Hypnotherapist, Dawn Walton? Find out more at: https…
RT @AGCC_Seona: Read how Shaun Eardley @WaterlooQuay turned his business challenges into opportunities during the downturn…
Do you want to avoid expensive city centre parking? We offer have a secure onsite car park, which your clients can…
Have you booked our Speaking Up! event held by our on-site Cognitive Hypnotherapist, Dawn Walton? Find out more at:…
RT @chambertalk: Read how Shaun Eardley @WaterlooQuay turned his business challenges into opportunities during the downturn…
This is what we do. The conversion of Provender House.
Aberdeen Harbour project update:
Check out what events are taking place at Waterloo Quay Properties in April & May at:

Subscribe to our mailing list

  • Email Format: