An award-winning Aberdeen firm specialising in offshore catering and remote-site facility management is poised for further expansion in its global activities, its boss said yesterday.
Stuart MacBride, the chief executive of Trinity International Services said the company was looking to tap into enormous potential in new markets overseas.
The anticipated expansion is expected to raise annual turnover by at least 20% from a 2006-07 figure of about £10.5million.
Trinity already has joint ventures in three countries and is on the verge of setting up a fourth.
Mr MacBride, who has worked in the offshore industry since 1971, said a recent management restructuring had given the firm the additional expertise it needed and left it in excellent shape to push ahead with its expansion plans.
He also pointed to Trinity’s participation in the Scottish Enterprise Global Companies Development Programme, which he said had prepared it well for the next stage of its development.
Mr MacBride added: “We are now ready to push the company forward on the world scene.”
Trinity – whose 2006-07 accounts were released by Companies House yesterday – was established in January 1990, with the objective of becoming the largest independent catering company in Scotland.
It now claims that mantle, having seen many of its former rivals vanish through consolidation within the industry.
About 80% of Trinity’s business is now done overseas, a reflection of the firm’s growing reputation in the global offshore-catering and hotel service market.
Its operations abroad include offices in Paris, Norway, Singapore and Trinidad.
Out of a workforce of about 260 people, just 18 of the company’s staff are in Aberdeen.
Trinity has twice been honoured with a Queen’s Award for Enterprise – in 2003 and 2005 – in the category for international trade.
It has also become more diversified over the years and its service portfolio now includes all manner of work from pest control to offshore-sector supply-chain management.
Trinity’s accounts for the year to August 31, 2007, show pre-tax profits fell to £157,496 from £687,707 previously.
Mr McBride said the drop was a result of the firm’s turnover falling sharply following the end of a large project on Shell’s Bonga oil field offshore Nigeria.