Overview

  • HCM Electrical started trading as Jadmac Electrical Services Newcastle Pty Ltd in March 1989.
  • The company opened with three director/ shareholders.Dudley Stewart, Ted Cauldwell and Bill Brown.
  • Our primary focus was the shipping industry and the Newcastle company was opened to support the Sydney company on follow up ship repairs.
  • Our 1st workshop was in Wickham,close to the harbour, and we employed one electrician and an apprentice electrician.

Where are we now

  • Turn over of $1.86 millon last financial year.
  • Turn over projection of $1.95 million this year.
  • Biggest challenge is retaining and employing quality staff in an area of high demand and low availability.
  • 2nd biggest challenge is maintaining cash flow.
  • 3rd biggest challenge is competition from Sydney companies.
The Future
  • To develop and improve our current services, systems and industry profile.
  • Continually develop our customer services, by value adding to existing clients.
  • Increase profitability by concentrating on our best customers, and saying no to high maintenance low profit companies.

 
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