PTSG wins International Safety Award for protecting its employees

Premier Technical Services Group (PTSG) has won another International Safety Award from the British Safety Council.

This latest award is in recognition of PTSG’s commitment to keeping its workers and workplaces healthy and safe during 2014.

With this latest success, PTSG has become

Paul Teasdale, CEO at PTSG, said: “This is another fantastic achievement for PTSG and one that further reinforces the hard work and attention to detail of our teams.

“This latest success means we are now a four times British Safety Council International safety award winner (2012 – 2015) as well as a three times RoSPA Gold Achievement award winner (2012- 2014); achievement we are extremely proud of.

“We remain focused on ensuring the safety of both our staff and our clients when carrying out works and the expertise, knowledge and experience of our teams allow us to deliver complex jobs while maintaining our high levels of safety.”

Now in their 57th year, the International Safety Awards seek to celebrate and promote the success of the winning organisations and their employees in maintaining a safe and healthy working environment for all. They are open to businesses, public and third sector bodies of all sizes and sectors.

Neal Stone, acting Chief Executive of the British Safety Council, congratulated PTSG on its success.

“On behalf of the Trustees and staff of the British Safety Council we warmly congratulate PTSG and its employees on gaining an International Safety Award with merit for 2015,” he said.

“All of those working at PTSG have made this award possible, which recognises their commitment to preventing injury and ill health in the workplace.

“The International Safety Awards rightly reflects the importance of aiming for good standards of health and safety at work. PTSG should rightly be proud of its achievement. Our congratulations.”

Winning businesses will come together to celebrate at a gala dinner at London’s Grosvenor House Hotel on Friday, April 25. The black-tie event will be hosted by well-known broadcaster and journalist Louise Minchin.

PTSG to deliver further works at L’Oreal’s London headquarters

Premier Technical Services Group (PTSG) has strengthened its association with cosmetics and beauty giant The L’Oreal Group.

Having won back the contract to carryout servicing and load testing of façade access equipment at L’Oreal’s UK & Ireland headquarters in London after losing it following a change in management in 2010, PTSG’s South Suspended Access division is set to deliver a range of works in the coming weeks.

Scott Hawtrey, divisional director at PTSG, said: “As part of our ongoing contract with facilities management firm Bilfinger Europa Facility Management to deliver works for L’Oreal, we have been instructed to carry out a series of maintenance works at the company’s headquarters in Hammersmith Road.

“The latest works include supplying and fitting a new isolator switch, installing two new wire ropes after the current one began showing signs of wear and fitting a new cradle cover to protect the existing cradle. We have also been asked to deliver some additional training to glaziers so they can change some of the existing glass safely.

“All of these works came about after our attendance with the insurance inspector to assist with their Lifting Operations and Lifting Equipment Regulations (LOLER) inspection.”

With global headquarters in Clichy, Hauts-de-Seine, L’Oreal is the largest cosmetics company in the world, specialising in hair care, skin care, sun protection and make-up.

PTSG winched in to deliver RBS works in London

Premier Technical Services Group (PTSG) has been contracted to deliver a series of maintenance works at RBS Premier Place in London.

PTSG’s South Suspended Access division has already begun to deliver the project, which predominantly includes remedial works, on behalf of Carillion on the nine-storey building.

Scott Hawtrey, divisional director at PTSG, said: “This is a substantial contract of works that our team is currently completing for the client during both normal and out-of-hours working periods but in such a way as to minimise disruption to the day-to-day operations at Premier Place.

We have fitted various safety signage around the roof warning the users of the equipment about potential hazards as well as changing access routes to some of the systems.

“The bulk of the works is made up of a winch overhaul of the entire powered cradle set and the fitting of new wire ropes to these systems once the winches are returned. Other large works include the re-roping of the fully-powered BMUs on site.”

PTSG engineers will complete the winch overhaul by running out the wire suspension ropes from the winches and blocstops, removing the winches and blocstops from the cradle, returning the equipment to the manufacturers for a complete strip down and overhaul and then installing the system back into the cradle.

Once this is all complete, the systems will be tested and then inspected by a third-party insurance inspection so the Operations and Lifting Equipment Regulations (LOLER) certificate can be issued.
Standing at 38m, Premier Place is RBS’s London headquarters and is located in Devonshire Square close to London Liverpool Street station.

PTSG strengthens rail links with major project works

Premier Technical Services Group (PTSG) has strengthened its association with the rail industry after completing works on a number of high-profile projects across England.

The group’s Fall Arrest Installations division has delivered works at New Cross Gate Station, Ilford Stabling Yard for Crossrail and Birmingham New Street.

Wayne Adams, Sales Director of PTGS Fall Arrest Installations, said: “These works have helped keep our rail connection very much alive and has strengthened our presence within that market.

“Working to stringent protocol is part of being an approved contractor for Crossrail and it is testament to our focus on health and safety that were selected by Crossrail to carry out the works.
There was a lot of hard work that went in by our team before we could even begin to work on the sites so I would like to thank them for that.

“All three sites have been the subject of major redevelopments that will help to improve rail services and we are delighted to be a part of the projects.”

New Cross Gate is one of the first stations to bring in new longer trains. The increase, which will help support the more than 100 million commuter journeys made on the network every year, involves trains going from four carriages to five in order to help reduce rush hour crowding.

At Ilford Stabling Yard, Crossrail is making changes to a number of existing buildings at the site to ensure it can build ten new sidings to house trains overnight as well as constructing a new building for onsite employees.

PTSG has also completed works at Birmingham New Street as part of the station’s ongoing transformation into a transport hub for the West Midlands.

PTSG keeps the lights on at busy railway station in Wales

Premier Technical Services Group (PTSG) has completed a series of maintenance works at Pengam Station in Wales.

The group’s Fall Arrest Testing division was contracted to install climb-latches on all seven lighting towers at the station.

Paul Evans, divisional director of PTSG’s Fall Arrest Testing division, said: “These works have helped to further develop PTSG’s rail connection and has strengthened our presence within that market. The installations were essential to ensure maintenance personnel could safely access the lighting towers at Pengam Station.

“Completing works at a busy train stations presents numerous challenges that our team does not face on a day-to-day basis but our past experience of carrying works within the rail industry has ensured we are not overlooked when it comes to securing associated contracts.”

Pengam Station, which serves Pengam and the nearby town of Blackwood, is on the Rhymney Line of the Valley Lines network in South Wales and is the second busiest station on the route, after Caerphilly.

The weekday train service is four trains per hour south to Cardiff Central and onwards to Penarth. Northwards, there are also four trains per hour – three terminating at Bargoed and one train per hour continuing to Rhymney. In the evenings the service drops to hourly each way and to two-hourly on Sundays.

Champagne moment for PTSG as shareholders get slice of Castleford firm

Premier Technical Services Group (PTSG) enjoyed a champagne moment last week as it confirmed its admission to the London Stock Exchange.

The first day of trading saw the Castleford-based specialist service provider raise £8m, money that will fund further investment and development to aid PTSG’s continuing growth.

Since PTSG was established in 2007, it has grown year-on-year. Its rapid growth has been made possible thanks to a unique customer service philosophy which puts the client at the heart of everything. This method has generated unprecedented levels of long-term repeat business and, aided by the extra money generated from its flotation, will continue to drive PTSG’s growth.

Group Chief Executive Paul Teasdale, pictured with Group Chairman John Foley (right), said: “We are delighted to have raised such a fantastic sum on the opening day and we are looking forward to what I am sure will be a very positive year for PTSG. This is the icing on the cake of eight years of hard work from everyone associated with PTSG.”

First day of trading on the London Stock Exchange

Premier Technical Services Group PLC is delighted to announce its admission to the London Stock Exchange with the company being officially listed on the Alternative Investment Market (AIM) from 8am today (February 11, 2015).

Paul Teasdale, Chief Executive at PTSG, said: “Our listing on AIM today and our successful fundraising is an important milestone in PTSG’s development as we move forward with our ambitious plans for the future.”

Please visit the Investor Relations page on PTSG’s website at: http://www.ptsg.co.uk/investor-relations/ for more information.

PTSG to float on London Stock Exchange

PTSG, a leading West Yorkshire-based specialist services provider with ten operational bases around the UK, is pleased to announce that an application has been made for Admission of the entire issued share capital to trading on AIM, a market operated by London Stock Exchange plc. Admission is expected to become effective and dealings in the Ordinary Shares to commence tomorrow, Wednesday 11 February 2015 under the ticker symbol PTSG.L

Investment Highlights

  • The Group is focused on the provision of specialist services to niches in markets that are characterised by high regulation and strong, long term growth drivers, with many of its activities non-discretionary for customers;
  • The Board believes that the Group is the UK’s market leader in access and safety services and a market leader in lightning protection, and is well positioned to capitalise on its recent entry into the high level cleaning market;
  • The Group has the critical mass and geographic coverage to service large clients with multiple sites nationwide;
  • PTSG has a track record of successfully integrating acquisitions in complementary areas of activity and driving improved operational and financial performance;
  • The Group has also delivered strong organic growth, representing approximately one half of the increase in historic revenues;
  • Margins are consistently high, reflecting the specialist nature of activities, the strong focus on cost control and the Group’s leading operating model, whilst remaining competitive on pricing;
  • The Group has a highly experienced management team with extensive industry experience that is focused on creating shareholder value through organic and acquisitive growth;
  • As the Group has less than a 10 per cent. market share in each of its principal markets, the Board believes that there is significant scope for continued growth both through further acquisitions and leveraging its many thousands of customers through cross selling; and
  • The Group has high renewal rates on annual orders (currently around 85 per cent.).

N+1 Singer Advisory LLP (“N+1 Singer”) is acting as Nominated Adviser to PTSG and Sole Broker to the Placing.

Commenting on the successful placing Paul Teasdale, Chief Executive of PTSG, said:

“We are delighted to become the first Yorkshire-based business to IPO during 2015. Since PTSG was established in 2007, we have grown year-on-year and we have chosen to IPO with a view to accelerating that growth. With approximately 2,000 individual contracts, many of those on multi-year terms and a high client retention figure of around 85 per cent on annual orders, our portfolio of services and customer base provides significant cross-selling opportunities to complement our strategy of growth by acquisition. Despite our success to date, we are acutely aware of the need continually to reinvest in the business to promote future growth, something which we are confident the IPO can help us to achieve.”

Radioactive terminal safely removed by PTSG to pave way for Canary Wharf demolition

Premier Technical Services Group (PTSG) has completed essential works to allow the demolition of a building in Canary Wharf, London.

The group’s Nottingham-based Electrical Services division answered an unusual request to remove an old radioactive lightning protection terminal at the building, an action which was required in order for demolition to take place.

Liam Riley, Operations Director at PTSG, said: “This was an unusual request for our team, which saw the removal of a very old radioactive lightning protection terminal, the presence of which was an environmental hazard preventing our client from demolishing their building.

“Despite a delay in our cherry picker attending site, the unit was removed from the roof and disposed of safely with the client praising the professionalism of our team.”

PTSG to install vital safety equipment at new £25m Wycombe Sports Centre

Premier Technical Services Group (PTSG) is set to carry out works on the new £25m Wycombe Sports Centre.

Willmott Dixon began construction work on the facility in May 2014 and is expected to complete the build by autumn.

PTSG’s Fall Arrest Installations division will install steel staircases and architectural balustrade, along with some bespoke metalwork to support the basketball court and scoreboards.

Wayne Adams, Sales Director of PTGS Fall Arrest Installations, said: “We are delighted to have secured a contract to work on the new Wycombe Sports Centre. We already have a very close working relationship with Willmott Dixon and we are looking forward to working with its team once again.

“Once complete, it will be a fantastic facility offering state-of-the-art facilities to High Wycombe. Our team will be onsite in the coming weeks to complete the works.”

Construction company Willmott Dixon was appointed by Wycombe District Council to create the landmark sports and leisure centre.

Designed by AFLS+P architects, the 10,750 m² rectangular centre will be clad in copper and aluminium panels that have four different finishes to give it a highly distinctive look.

Once complete, the centre will feature a wide range of sport and leisure facilities, including a 12-court sports hall, eight-lane 50m swimming pool, sub-aqua dive pit, 150-station gym, four-rink indoor bowls hall, two squash courts, climbing wall and café. Other features include a multi-storey car park, food store, coach park and ride terminus.

The current Wycombe Sports Centre remains open while the new leisure centre is being built adjacent to it, on the current site of the running track.