A SCOTTISH firm based in Inverness has joined the growing number of companies to become employee-owned.
Optimum Underfloor Heating’s three-strong workforce will now have a bigger role in deciding the direction of the company.
The firm was founded by and wife Rory Haigh and Eilidh Sutherland in 2007 with managing director Rory saying the move would be beneficial for the future of the company.
He told the Press and Journal: “Sometimes you just need a new challenge in life and the EOT (employee ownership trust) sale provides a gentle exit from your business whilst ultimately benefiting our staff.
“Too many SME’s are being bought up by larger corporations, an EOT sale protects your workforce whilst ensuring the money stays within the local economy.
“My staff are a great bunch and I know they are all keen to further develop Optimum’s standing within the floor heating industry.”
The business, which provides underfloor heating systems in Inverness and throughout the UK, recorded a £1 million turnover in 2023.
Rory and Eilidh work closely with the leadership team – made up of design manager Marcin Witek, designer Gavin McLean and storeman Trevor Hoades.
Marcin commented: “We are excited to be part of the EOT scheme and look forward to what the future holds while still providing the same excellent level of service for our customers.
“We wish Rory and Eilidh all the best in the future.”
Rory meanwhile added that he was “delighted” his staff could continue to work with the company.
“It also provides reassurance to all our loyal customers that they will continue to receive the first class service they have become accustomed to,” he said.
Since the introduction of EOTs in 2014, employee ownership has grown by 90% and there are now more than 1800 employee-owned business across the UK.
The Scottish Government has set a target of having 500-employee-owned businesses by 2030.
