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McGill's Intends to Double in Size

McGill's Buses has revealed ambitious plans to double the size of the company in the next 5 years'.

This comes after our recent record profits and we plan to continue growth by bidding for more contracts and taking over smaller organisations, where possible.

With both our turnover and profit before tax up by nearly £1.5 million to £35 million in 2014, owners Sandy & James Easdale plan to create more jobs in our Greenock Head Office.

The company is moving in the right direction following an investigation by the Competition Commission into the takeover of Arriva in 2012. 

Sandy Easdale said: "It's all about growth and now that were moving forward since the Competition Commission it's about growing McGill's. That's the aim - in the next 5 years' double everything.

"We are looking at expanding in Lanarkshire in the near future and we are in discussions with some smaller companies to be buying them out in the area and that will join into McGill's.

"But the good thing about it is that every time McGill's grows outside the area it actually employs people in the Greenock Head Office. It's all about employment. 

"It would be easy to move our head office elsewhere but we stay in Greenock and we're great supporters of the local economy. 

"We're concentrating on our own things and growing our business organically.

"There's no point in going into other people's territories and causing situations, if there's contracts to be won then obviously we'll tender for contracts but you find organic growth is easier - buying another small competitor - that seems to be the way forward for us."

McGill's is continuing to reinvest profits to help improve the business. Around 50 new buses have been purchased in the last year, with more on order. 

Sandy Easdale said: "We are very happy with the figures this year, obviously we hope to retain and grow the business at the same time. 

"But we've reinvested a lot - we've bought 50 buses in the last 12 months so there's been a lot of capital investment and hopefully we can mirror that next year. 

"We already have another 20 vehicles on order for the end of this year and there's another 20 coming in at the beginning of next year, so we're on target for renewing a lot of investment. 

"Put it all back in and it should grow and pay off. 

"There's no sense in sitting on money in the bank or taking big dividends, you can grow the money in the business better."
 

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