Bumper Year For Brimmond As Turnover Soars To £11.4m
Turnover for FY23 – 24 up 74% from previous year
New Sales Director and Head of Finance appointed
Largest ever service contract secured with British Antarctic Survey (BAS)
Headcount increased by 30%
North-east Scotland based engineering specialists, Brimmond have announced a 74% increase in turnover for the year 2023 - 24, reaching £11.4m, far exceeding their forecast of £10m.
A number of high-value contract wins across multiple sectors have contributed to this exceptional financial position:
Brimmond’s marine crane division, headed up by Paul Dingwall, has generated over £2million since April this year alone.
A long-term six-figure rental of the company’s largest marine crane to assist with the P&A decommissioning campaign of the Thistle Alpha.
A 5-year service contract with British Antarctic Survey (BAS) for crane servicing and engineering support on the Royal Research Ship (RRS), Sir David Attenborough. The company’s largest service contract to date will see Brimmond become the main hydraulic contractor for refit periods, working across the ship’s Rosyth and Harwich bases.
A significant seven-figure project for an offshore renewables project to design and manufacture a 1800kW Seawater Jetting Spread package.
The design and manufacture of an IWOCS (intervention workover control system) Umbilical Reeler for Rosebank oil and gas field.
“We are committed to increasing both our capability and our capacity”
Commenting on the firm’s performance over the past year, Managing Director, Tom Murdoch, said: “Whilst we anticipated growth for the company over the past financial year, the extent of that growth has far exceeded our expectations. I am extremely grateful to our incredible team for their hard work and commitment to delivering exceptional equipment and services, as well as welcoming new team members and helping train them to the highest standards of the ‘Brimmond way’.
“Over the past year we have recruited into every aspect of the business, from support services to engineering and apprentices to leadership; we are committed to increasing both our capability and capacity.
“For any SME exceeding the £10m turnover mark and surpassing a headcount of 50 is a significant milestone. Brimmond’s performance over the past financial year is one I am immensely proud of.”
New additions to the Brimmond leadership team: Craig Yeoman (Head of Finance), Tom Murdoch (Managing Director), Matt Nicoll (Sales Director)
Marine cranes division plays key role in boosting turnover
Generating over £2million since April this year alone, it’s fair to say that Brimmond’s marine cranes division has had an exceptional year.
With an enviable track record in successfully supplying and servicing marine cranes to suit client requests, Brimmond, stock, rent, refurbish, repair and upgrade a diverse and ever-increasing range of new and second-hand marine cranes.
As the exclusive UK and Ireland distributor, service partner and agent for Heila Marine Cranes, the company continues to invest in stock marine cranes with the aim of reducing lead times, and offering a higher quality service to customers.
Technical Sales Manager – Marine Cranes, Paul Dingwall says: “Supply chains continue to be tested, which has affected all marine crane manufacturers as they struggle to source materials. This has translated into increased costs and even possible project delays. Based on this Brimmond took the decision that it is imperative to keep stock of marine crane models which should assist our clients who require a quicker turnaround at a secure cost.
New Heila HLRM65 installed onto a client’s Geotechnical vessel in the Netherlands
“We have maintained a varied range of sizes of marine crane models over the last couple of years, from 8 tonne-meter (txm) up to 175txm for our stock, all now successfully sold and operating on client assets.”
Earlier in the year Brimmond secured an order for its largest crane to date, a 650 tonne-meter (txm) Heila Active Heave Compensated (AHC) Offshore Subsea Lifting Crane. This impressive high specification model is currently in production at the Heila Factory in Italy, but Brimmond are happy to announce that an identical crane is being manufactured for stock and due to be completed early 2025.
The Brimmond team are highly skilled in modifying stock crane packages to suit client specific requirements, leveraging their range of world-leading rental and stock marine cranes, supported by their skilled technicians for installation and maintenance.
Established as a family business 28 years ago by the current Managing Director’s father, Alistair Murdoch, Brimmond is based at a purpose-built facility located on 2.5 acres of land in Kintore. Last year, the business invested £250k in a 1300ft² extension which is a dedicated area for fabricating and welding, reflecting the company’s dedication to high quality manufacturing and repair services.
For more information, please contact:
+44 (0) 1467 633805
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