Our Clients: Newcastle Business Village

Newcastle Business Village

Newcastle Business Village Opened in September 2009, the Newcastle Business Village is an innovative business centre northeast of the city. Offering flexible business space, physical and virtual offices, hot-desking, business support, workshops and storage facilities to small and medium-sized businesses, the Village has created a new type of business community.

‘Villagers’ can rent any combination of space they need for a day or a decade, making the Village ideal for new start-ups, businesses that need flexible space to accommodate seasonal peaks in demand, or established businesses looking to expand and grow.

What’s more, with free business networking events , “think and a drink” evenings and on-site business clinics with proven experts in the fields of sales, marketing, HR, finance, communications, law and PR, the Village provides much more than the typical business park environment.

Case Study:

Newcastle Business Village Download a PDF copy of the case study.

Newcastle Business Village

Left to right: Mark Reid, Managing Director of Newcastle Busness Village and David Jamieson, Auditel Consultant

The Village’s Managing Director, Mark Reid, first met Auditel consultant, David Jamieson at a networking event and was immediately taken with the Auditel proposition.
“I’d actually heard David’s name mentioned on several occasions so it was good to put a face to the name. My previous experience of working with utility brokers had been very poor because their business model meant the more we paid, the better it suited them. So, what I wanted this time was not just a service that would work but also to deal with somebody I could trust, and that’s what sold David and the Auditel proposition to me.”

David’s initial intention was to review the Village’s gas and electricity costs and to manage the reduction of these costs by ensuring they were on the most appropriate contract for their needs. However, the Village had already signed a 24-month contract for their energy supplies which meant this review could not be carried out until 2011. Convinced that he could deliver savings in the meantime, however, David suggested that he carry out a comprehensive energy management review to help the Village reduce their energy consumption. This would consist of a free site survey, a review of existing plant and equipment, a review of historic and current energy consumption and preparation of a detailed report and recommendations.

“ Apart from the obvious benefit of having expertise to find and implement savings, what I really value about working with Auditel is the level of trust between us: I know they’re working in our best interests and I very much see them as part of my team.” –Mark Reid, Managing Director

This review quickly revealed that the building’s previous incarnation as an electronics manufacturing plant had left it with a legacy of air conditioning and filtering units, boilers and water-heating equipment that were vastly over-specified for its current use. Immediately David was able to negotiate a reduction in Available Capacity at the site from 750kW to 250kW, saving several hundred pounds per month. Reconfiguring the air-conditioning system, installing new boilers and thermostatic radiator valves, and decommissioning redundant air handing and chilling units would save a further £53,000 per year, giving a payback period of around 1.8 years on the necessary capital investment.

Mark says, “We’re a young company and a small management team but we have big plans for growth over the next few years. The savings he’s found so far are very impressive and if he can see an opportunity for more savings or efficiencies in other areas of the business David’s got carte blanche to investigate them. Apart from the obvious benefit of having expertise to find and implement savings, what I really value about working with David is the level of trust between us: I know he’s working in our best interests and I very much see him as part of my team.”
Savings Breakdown:

Energy management review £53k pa

Newcastle Business Village Download a PDF copy of the case study.