A cunning move into offering fixed-price contracts for engineering work has helped this Gloucestershire recruitment firm to record growth. Omega Resource group was founded in 1998 by James Strickland and two of his old uni friends, with help from Lloyds TSB under the small loans guarantee scheme. Omega specialises in supplying recruits for the aerospace oil and gas industries but, two years ago, set up an engineering manufacturing facility, providing UK engineering companies with fixed-price contracts. Instead of supplying them with contractors working on their site, Omega offers a fixed price for the job, running that work within its own engineering facility. “It is a way of sharing the risk, and enables us to fully share in the project,” says Strickland. “There is a big drive to make sure you have the right people with the right skills delivering a project on time and to budget.” The facility has “gone bananas” and already accounts for 25 per cent of sales, a figure set to rise given the downturn in the permanent recruitment market. Omega also has an overseas division in eastern Europe, and an industrial division.
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