Leith-based venue finding and accommodation specialist ExecSpace has announced an increase in operating profits of 44% for 2016, boosted by client wins and increased activity in the public sector.
New business wins include global accountancy group Mazars, international corporate law firm Addleshaw Goddard, international accountancy network Moore Stephens and the successful implementation of a Scottish Government contract; ExecSpace secured sole supplier status for conference and meeting venues bookings under a Scottish Procurement Framework in 2015.
Public sector activity now accounts for over 30% of the agency’s revenues, with ExecSpace on track to post in excess of £7m in the current year.
ExecSpace now provides venue finding and accommodation services to over 40 clients including Standard Life, Grant Thornton, Cairn Energy, Nucleus, Aggreko, Aegon and ScotlandIS.
ExecSpace CEO and founder, Emma Little, said: “It’s been a game-changing year. Growth wise we’ve been incredibly fortunate to retain our existing clients – some of whom have been with us since the start – while implementing the Scottish Government contract and winning new clients in the private sector. This is testament to our loyal clients and the strong, established team we have.”
“It’s been quite a journey over the past 9 years and I’m looking forward to our 10th year with my best people at the helm,” Little added.