_____________________________________________________________________________________________________ Leonari Ltd.
Since its foundation, Leonari has undergone a transformation from a small-scale start-up to major industry player. As Founder and Managing Director, Stathis Londos, explains, the business started from humble beginnings, fuelled by just the desire and ambition to become the best M & E contractor in London. In just over a decade, the future looks bright for Leonari as it makes its way towards £ 50 million revenue for this current year.
He takes up the story:“ James, my business partner, and I, had worked closely together at a previous company. I was a mechanical engineer by background, working my way up to an operations director role and James was a senior quantity surveyor. We were working for a great business at the time but ended up with a now or never moment for the both of us.
“ At the beginning, it was tough, as we had no cash. We managed to secure our first project in a‘ Dragons Den’ type situation and thought our next projects would come from existing contacts, but that didn’ t happen either. It was just us- starting from the bottom, building our business one fan-coil unit at a time, one project at a time.
“ Our turnover went from £ 1 million in our first year, to £ 4 million in the second year. In our third year we achieved around £ 7 million revenue and realised the company was growing fast and worked on a strategy to manage that growth sustainably.”
It is this strategy created by Stathis and James that has enabled Leonari’ s evolution into a significant industry player. He notes that a vital element was hiring the right people, to carry the company forward.“ We also set some basic rules within the business; our priorities were ensuring that our supply
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