Mammoth Events reports 82% increase in profit

Events agency Mammoth Events has announced that profit rose 82% to £68,000 for the 12 months to August 2014, with sales up 91% to £561,000.

Mammoth Events' George Thompson and Amanda Gilmour
Mammoth Events' George Thompson and Amanda Gilmour

The Manchester based agency haswon new business with clients including the International Wine & Spirit Competition, UPM and the Institute of Directors, and retained business from clients such as Lyreco, National Union of Teachers, Fragrance Foundation and BAE Systems.

Managing director George Thompson said: "For a start up agency to have billed more than £1m in its first two years of trading is quite remarkable. With no office or full time staff, aside from the two directors, our model is quite unique and we’re pretty sure there were people who thought it couldn’t be done, but we’d seen the same model enjoy success in other industries so we had tremendous confidence."

Client services director Amanda Gilmour added: "Our business runs in a two year cycle and the vast majority of our key events have already been secured for year three, including some multi year deals. Over the last two years our clients have consistently reported considerable increases in quality across all aspects of their events and we’re so delighted to be working with them again."

Thompson and Gilmour left Glasgows to launch Mammoth Events in September 2012.

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