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Fantastic Services predicts turnover of more than £40m for 2019 - London TV

Fantastic Services predicts turnover of more than £40m for 2019

LEADING app-based commercial services company Fantastic Services is predicting turnover in excess of £40m for 2019 as it expands its offering throughout the UK.

The firm currently connects more than 15,000 UK clients with 2,000 professionals and experts every month.

By the end of the year, it expects its customer base over the year to have risen to nearly 200,000 as new ventures in 10 areas, including Manchester, Chester, Birmingham, Sheffield, and the South West, become established.

Last year, the company delivered over 425,000 services, turning over £32m and recording profits of £9.3m — a growth of 20 per cent on 2017.

Also operating in the US and Australia, it expects profits to have grown to £11.16m by the end of the next financial year in 2020.

Monthly active users of the GoFantastic app grew in the UK by 45.5 per cent between August 2017 and August 2018.