Marketing Agency Reveals Ambitious Plans to Double Workforce and Turnover After Successful First Year of Trading.
A Leicestershire Marketing Agency has launched an ambitious growth strategy after their first successful year of trading. Altitude Marketing Ltd, based in Loughborough, has announced plans to double their headcount in the next 12 months and more than quadruple their revenue to surpass £1M.
Altitude Marketing are a full-service agency, their extensive list of services includes but are not limited to Social Media, PR, Advertising, Branding, SEO, Website Development, Photography and Videography.
Directors and Co-Owners of Altitude, Laura King-Berry and Tom Bates, had worked together on projects previously, whilst working for other companies. Then in 2021, when Tom was looking to partner with another agency to add extra services to his already growing digital marketing business - Studio Attico - he reached out to Laura, who had successfully launched a Freelancer business and had grown her client base to a point where she was looking for additional support. After talks over a coffee, the pair soon realised their visions and values were aligned - and thus, Studio Altitude Ltd (more commonly known as Altitude Marketing) was born and a great partnership was formed.
After sharing similar frustrations on agencies they previously worked with - Tom and Laura wanted to take care of how they built their agency, primarily focusing on how they can best support their clients by generating ROI, leads, increase in revenue and better brand awareness. Initially, they decided to trial-run the agency for a couple of months to see how things progressed before formally integrating. In just those first few months, they won several exciting projects - the business was growing thick and fast - leading to the official launch in January 2022.
Since January 2022, they have far exceeded their expectations. Their forecast predicted a £100K turnover for the first year, but ended with a boastful £500K (run rate), with a prediction of reaching £750-£1M by year-end of 2023/2024 and a £3M turnover in the next three years. The main goal is sustainable growth, but the focus will always remain on the results generated for their clients and the culture they have built through the team.
Naturally, their team has also grown rapidly from a workforce of two to nine in just a few months - with the intention of reaching a minimum of 20 by year-end. Their five-year plan means their team will have close to over 40 people spread across different office locations in Leicestershire. Due to the unexpected growth within the team, Altitude needed to move quickly from their office above The Printers to a new, creative space that is a stylish barn conversion at Bawdon Lodge Farm, on the outskirts of Loughborough.
Speaking with the team about their success so far, Tom has said: “ This year has totally blown my expectations out of the water, it just feels like everything I’ve learnt in the last 16 years of working with other projects is coming together to make an incredible mix of people and business. Working with Laura is brilliant, we are scarily so aligned on things it’s like we know what the other is thinking before they do. I’m super excited for 23/24 and working with this brilliant team.”
Laura expands further: “Having the time to stop and reflect on our first year was quite overwhelming, what we have achieved, created and experienced has been incredible. The team I get to work with every day have become like family, the relationships we have built with our clients have been truly unique and I still can't quite believe we have launched our own podcast. Mine and Tom's partnership has grown into a really strong friendship and I am honestly grateful to be on this journey with him, we have the same values and passion for what we do and I cannot wait to see what the future holds for Altitude.”
So, what can we expect to see from this Agency moving forward? Well, alongside having already launched a podcast “Business on a Beanbag” in which business owners far and wide have a platform to share their challenges and success stories, there are plans in place to create an exclusive networking group in summer 2023, with an annual event for local businesses to get together.
Watch this space - Altitude Marketing Ltd are making waves across the Leicestershire community.
Based heart of the Midlands, Altitude are a fun, friendly and dynamic marketing agency in Loughborough.
Altitude exists to help businesses reach new heights through effective and result-driven marketing. They help people to tell their story, communicate their brand and be seen by their audience, all the elements needed to deliver real results.
Backed by a strong creative foundation we work in all marketing channels, including digital and print. Everything they do has a clear strategy and purpose, and our success is measured on the outcomes for their clients.