Small businesses in Warrington believe the town’s economy is in “good hands” and “ready for whatever is thrown” at it, according to a new survey.
The Base is home to a wide range of companies involved in different aspects of technology, software and engineering development, many around the transition to Industry 4.0.
Tenants were surveyed on the area and its prospects, as well as their own circumstances.
Steve Park, managing director of Warrington & Co and director of growth at Warrington Borough Council, said: “The results are quite remarkable.
“Average sales growth across our tenant base in 2018 was 46 per cent, while 41 per cent of companies have taken on new staff since moving to The Base. The most encouraging finding relates to the number that launched new products or services, which is a key indicator of future growth potential.
“Remarkably, 66 per cent did so in the last year and 58 per cent have collaborated with other tenants in the building to help them. Warrington’s economy is now amongst the most dynamic in the UK.”
Sylvie Morton, business development manager for Langtree, which manages The Base on behalf of Warrington & Co, believes the ‘eco-system’ in the building encourages an outward looking and ambitious culture amongst tenants.
“We see them meeting in our collaboration area all the time and to find that borne out in the research findings is gratifying,” she said.