Cube3 targets acquisitions and £3m turnover by year end

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Cube3 says it’s aiming to turnover £3m by the end of its financial year, having increased income over the last 6 months to £1.3m.

Karl Barker, CEO of the Manchester agency has also outlined his vision to “acquire or join forces” with other companies.

“This is not about building just to scale, but more a vision to create an agency model that effectively delivers end-to-end, disrupting the current status quo of a fragmented agency landscape.

“Manchester has some awesome specialists. I admire agencies who have embraced collaboration as a principle, but in my experience I have found that collaboration is flawed and doesn’t tackle agile and efficient workflow.  Our model is built in true cohesion and we think it is a solution that tackles today’s marketing delivery complexities for agencies.”

At the start of 2016 the agency received a six figure working capital investment from the Technology, Media and Telecoms team at Natwest.

“It is an exciting period for us. Natwest have been absolutely amazing, supporting us way beyond the facility.  We now have a great platform to further our ambitious growth plans and the half year results are already giving a really strong indication that our plans will be in full flow by the end of 2017,” continued Barker.

 

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