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2008-date

Growing profits

2008 was the year in which we really began to flex our international muscles. BIW signed a corporate deal with Dubai master developer Nakheel in March 2008, and won its first major project in the United States - supporting delivery of the headquarters of the Bill & Melinda Gates Foundation in Seattle - in July.

Having begun to trade profitably in mid-2006, BIW reported 24% growth in 2007 and then then topped that figure by revealing turnover grew 27% in the year to 30 September 2008, generating a profit of over £1.1 million.

Global financial turmoil created much uncertainty both internationally and in the UK market. BIW, however, was bullish about its SaaS model, and secured corporate deals with Primus Build and ISG plc, among others, before finishing the year with another international deal - delivering The Resort Group's £100m luxury resorts in the Cape Verde Islands (a computer-generated image of the Tortuga resort is shown above).

The global financial crisis continued through 2009, and BIW recapitalised the business in September. The company's international expansion extended with the creation of a partnership with Sage Construction and Real Estate (Sage CRE) covering the United States, Canada and the Caribbean islands.

 

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