Office design firm Paramount opening new city branch
CARDIFF-BASED office interior design and fit-out firm Paramount is opening a new office in Bristol as it targets hitting revenues of £50 million within three years.
Its new office on Welsh Back, alongside Bristol’s floating harbour, is currently being fitted out and is scheduled to open in July.
The investment will create 20 jobs at the firm, whose annual turnover stands at £33.5m.
Bristol-based Bafta-nominated natural history film-making company Offspring Films will also call the Welsh Back building its new home following a fit-out by Paramount.
The new West of England office represents the latest chapter of expansion for Paramount, which was acquired in a management buyout in 2018, led by its managing director, Richard Jones.
Mr Jones said: “The opening of the Bristol office is a real statement of intent by Paramount.
“As we embark on the next phase of our journey, I am confident our Bristol team will play a key role in making sure Paramount turnover surpasses the £50m mark within the next three years.
“Paramount has developed an
enviable reputation across the UK for creating innovative workspaces that transform businesses, and I know our Bristol team will ensure we fulfil our vast potential.”
Paramount sales director, Kevin Mashford, who will lead the Bristol team, said: “We are really excited to be opening an office in the heart of Bristol and we look forward to ensuring Paramount keeps going from strength to strength.”
Paramount is currently on site at 360 Bristol – formerly known as South Plaza – which is the largest refurbishment currently
being carried out in the city, and a 25,000 sq ft refurbishment for Salaft Property at The Cube.
Paramount has fitted out the dressing rooms at Cardiff’s Principality Stadium and is currently delivering bar restaurant and mini-golf concept Par 59 in the Welsh capital – a project jointly owned by Wales footballer Gareth Bale.
Other large-scale design and fit-out projects include the Office for National Statistics HQ in Newport and the redevelopment of Hodge House and the Development Bank of Wales’ Capital Quarter offices, both in Cardiff.