Technology

Posted on July 29, 2019 by staff

Sci-Tech Daresbury Campus generates £130m in sales

Technology

The Liverpool City Region science and tech campus, Sci-Tech Daresbury has revealed that in 2018 its 112 businesses collectively produced more than £130m in sales.

Home to more than 140 companies, Sci-Tech Daresbury is a private-public joint-venture partnership between developer Langtree, the Science and Technology Facilities Council (STFC) and Halton Borough Council, attracting some of the best scientific and technology talent with a net increase of 112 FTE jobs in 2018.

Its annual tenants survey showed 64 per cent saw sales growth, with 73 per cent trading outside the UK, up 62 per cent on 2017.

Europe accounted for more than half of exported sales and North America accounted for more than a quarter.

“The creation of more than 100 FTE jobs on site over the last 12 months is fantastic and demonstrates the rich talent pool of skills available right on our doorstep,” said Group Executive of Langtree and Chair of Sci-Tech Daresbury John Downes.

“The skills and talents of these workers are critical for companies based on the campus and will help to drive Sci-Tech Daresbury’s ongoing success.

“It’s also encouraging to see the increase in international sales and the breadth and influence of Sci-Tech Daresbury companies across the globe.

“Looking ahead to the next 12 months, we want to continue with this positive growth and bolster our reputation as the landing hub for science and technology innovation in the UK.”

Software firm Syrenis enjoyed significant growth since setting up business at the campus in 2016.

https://businesscloud.co.uk/company/syrenis/

Glenn Jackson CEO of Syrenis, said: “Sci-Tech Daresbury offers us a wealth of benefits from access to computer science and technology talent to its excellent connectivity allowing us to access our clients with relative ease.

“This has enabled direct growth of our business and when you marry that to the inspiring atmosphere and facilities available on site, it makes for a great working environment for our staff.”

Its 23-strong team has accelerated annual turnover from £608,000 to £1,700,000 million since its move to the campus and is projected to further increase its turnover to £2.2 million for the 2019/2020 financial year.

“As we continue our growth journey into 2020, it’s important to be supported by Sci-Tech Daresbury, who are similarly expanding and creating new facilities on site, some of which we would be looking to benefit from.”

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