National CDM construction safety specialist, Safer Sphere, has announced on the 8th Anniversary of trading that the business has become 49% employee-owned as part of an Employee Benefit Trust.
The St Helens based business has seen significant growth year on year since being established in 2012, creating new jobs and opening additional offices regional offices. Early this year the construction consultancy surpassed the £1m turnover mark despite the knock-on effects of COVID-19 and becoming employee-owned is just the next step in the journey for the growing business.
Mike Forsyth, Managing Director said “Today marks the 8th Anniversary of the inception of Safer Sphere as a Construction Health and Safety Consultancy, a milestone I never conceived when I set out on this journey and testament to the brilliant staff, project teams and clients we work with.
“It is therefore very fitting on the same day I also celebrate and welcome every employee of Safer Sphere as a partner within the business. Safer Sphere has converted 49% of its ownership to an Employee Benefit Trust, meaning all of our superb team now have a stake in the company. This provision has been put in place to align with our business growth plan, reward our team for their substantial efforts and to enable them to share in the future successes that we hope to see in the coming years and beyond.
“Congratulations to the Safer Sphere team and thank you to everyone who supports our business.”