Twenty Recruitment Group eyes expansion

Multi-sector professional recruiter Twenty Recruitment Group is expanding its operations as turnover rises.

Multi-sector professional recruiter Twenty Recruitment Group is expanding its operations as turnover rises.

Results for its second full year of trading reveal turnover has risen by 350% to almost £4m (2009: £0.9m).

Meanwhile, net fee income was up 250% at £2.2m (2009: £0.6m) and headcount at 2010 year end was 32 (2009: 13).

Chief executive Paul Marsden says: “We have just moved into a 7,000 sq ft office in the City [of London], which will support a headcount of 100 and have opened our first international office in New York – and importantly, we are on budget for our 2011 forecast.

“This year, we will open new international locations to support our global business - 2012/13 will see us build on that momentum to become a dominant global recruitment brand.”

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