Staffordshire-based Tradestech Recruitment plans to double its workforce and turnover within a year after securing £1.5 million in funding from Lloyds Bank.
Founded in early 2023, Tradestech specialises in recruitment for the construction sector, working with tier-one firms and SMEs. It focuses on key industries, including rail, HS2, renewables, vegetation management, residential housing, and mechanical & electrical (M&E).
The funding package will provide working capital to expand the team, invest in accreditations, and strengthen compliance, quality, and safety standards. Based in Lichfield, the company aims to grow its workforce from seven to 12 employees, adding senior and junior recruiters.
As part of its expansion, Tradestech has appointed Bobby Sproston as operations director, bringing nearly 20 years of experience in construction recruitment. The firm achieved a turnover of over £5 million in its first full year and projects revenues to exceed £10 million in the next financial year.
Lloyds Bank described Tradestech as an ambitious SME with strong growth potential, citing the company’s rapid success and industry demand for its specialised recruitment services.
