Hot on the heels of its best ever year for growth in 2012, when turnover expanded by 28% to £5.1 million, business-to-business market research and business intelligence agency B2B International is setting more records.
The company’s rapid growth has continued apace in Quarter 1 2013, posting its best ever start-of-year figures. Revenue surpassed £1.7m, a huge 108% increase year-on-year. The quarter was also the second best quarter in the company’s history, after the £1.9m achieved in Q4 2012.
Since its formation in 1998, B2B International has continued its record of growing its revenue and making a profit for 15 consecutive years.
CEO Matthew Harrison explains, “It is hard to single out highlights from these results as revenue in the UK, US and Asia-Pacific all increased by over 100% on Q1 of 2012. In addition, our medical division has seen enormous growth since summer 2012, and the proportion of our revenue represented by ongoing contracts rather than ad-hoc work has increased fivefold in less than 2 years.”
The company, whose main offices are located in Manchester, London, New York and Beijing, has aggressive plans to continue its rapid expansion. In the past year it has doubled the size of its data processing department and continues its recruitment drive for high calibre graduate research analysts.