News and Case Studies
SkillSet Ltd reports another year of profitable growth
— 7th October 2010, Fleet, UK
SkillSet today announced its financial results for 2009/2010. The company’s growth in its target markets has been reflected in significant increases in turnover and operating profit for the financial year ending 31st March 2010.
SkillSet- a specialist provider of learning services to clients such as BP, Tesco and Lloyds Banking Group – reported sales increasing by over 180% to £3.4 million over the last financial year. Operating profits are reported at £409,922, an increase of almost 125%. Turnover from international business has also grown by 3.4% as the company expands its international presence.
Paul Deed, Director of SkillSet commented: “Our latest results show year-on-year growth for the fourth consecutive year. We have continued to grow through new business wins, partnerships and the recent acquisition of SkillSet Consulting (formerly Inex Business Process). As we grow, we are continuing to invest in the business and to strengthen our relationships with existing and new customers.
Businesses across the globe are recognising the significant benefits that can be realised through the delivery of effective training. We work closely with our clients to develop highly effective training programmes to help them get the most out of their people, processes and technology. Our high-quality, cost-effective learning solutions are ideally suited to the current economic climate.”
SkillSet Ltd is a wholly owned subsidiary of Polar Moment Group Ltd.
About SkillSet
SkillSet is a specialist provider of learning services to multi-national blue chip clients, SMEs and public sector organisation. We deliver application training and people development programmes to clients across a broad range of industry sectors, including the oil and gas, pharmaceutical, financial services, retail and healthcare markets.
We help our clients to define learning strategies, design and deliver training programmes and implement learning tools and technologies.
For further information, please visit www.skillset.co.uk
