Electrical contractor crowned top new business in HSBC awards

A Lutterworth electrical contracting company has been named one of the country’s best new businesses in the 2008 HSBC Start-Up Stars Awards.

James Sirrell, founder of Spectrum ESM, was presented with his award at a glittering gala dinner attended by 300 guests at London’s Dorchester Hotel on Wednesday 29 October.

Spectrum was set up by Sirrell in October 2006, originally as a joint venture with a friend. James is now the sole owner and employs a dedicated staff of eight, all qualified electricians, as well as three apprentices who will be trained up to meet the same standards.

Handling a variety of commercial and industrial installations, the two-year-old business specialises in shop fitting, a market that now accounts for some 50% of their work load and takes them all over the UK as their reputation spreads.

Sirrell says his current objectives are to build a steady intake of new contracts, to increase the size of those contracts and to win larger value projects. Employing more staff to maintain standards and quality in line with growth, he is confident they can become a £1 million business by 2009.

Huw Morgan, HSBC’s head of business banking, said: “We hope the success of Spectrum ESM in this year’s Awards will help it go from strength to strength, as well as prove to other budding entrepreneurs that business dreams really can be turned into reality.”