Don't miss a story sign up to Exmouth Journal's FREE daily newsletter CLICK HERE

Age is no barrier for entrepreneur

11:54 28 January 2013

Richard Phillips

Richard Phillips


A young entrepreneur from Budleigh Salterton has built up a multi-million-pound company from scratch in just 18-months.

Determined that age should not be a barrier to corporate success, Oxford architecture graduate Richard Phillips, 26, who lived in Exmouth Road until the age of 19, and his business partner Tim Bailey founded B38 Group in 2011.

The company, which specialises in commercial property maintenance and management, has grown at an impressive speed - they have just bought a construction company and this year they predict turnover of £500,000.

They have already built up an impressive list of clients ranging from Nationwide Building Society, BT Plc, Audi Volkswagen and the NHS Primary Care Trust.

He said: “We originally wanted to spend all our time on development sites but, with limited funding available, we had to diversify quickly into the service industry to raise some capital to fund our developments.”

Now the company offers landlords and tenants everything from emergency call-outs following an ‘incident’ to the management of properties.

He said: “The new construction teams will enhance the amount of fit-outs, remedial works and new builds that we can currently cope with.

“Clients have really stepped on board with the idea of having one port of call for all their property needs.”

With offices in Wakefield, Birmingham and Swindon covering most of the UK, Richard explains that B38 is looking to set up shop in Exeter.

He said: “An office to support this demand in the South West seems like the next logical step.”

But Richard didn’t always want to be his own boss – at school he harboured ambitions to be in the RAF. He said: “But I have always enjoyed design, which led me into the architectural world and on to the property and construction side of things.”

It was not until after he graduated and he worked for two architectural practices on opposite sides of the world that he wanted to set up his own business.

He said: “Having worked for a large corporate architectural practice both in London and Hong Kong, it was very appealing to want to run my own teams rather than work for 30 years before gaining that responsibility.

“I didn’t see why age should be a restriction to managing people and running projects.

“The corporate world was too focused around age and long term relationships with the company rather than who was the most appropriate person to deal with a job.”


Other News Stories

Yesterday, 18:30
Natasha Koshti.

The Budleigh Salterton Committee for Cancer Research UK is holding an Evening In India on Saturday, November 28, at 7pm in the Public Hall.

Read more
Yesterday, 17:28
Cranbrook Railway Station. Ref mhc 3523-37-15TI. Picture: Terry Ife

AFTER many postponements, Cranbrook railway station will finally open on Sunday, December 13.

Read more
Yesterday, 12:30
Cheque for £300 presented to Budleigh Salterton Library

A ‘quiz and mash’ evening which raised £300 for Budleigh Salterton Library has been hailed a great success.

Read more
Yesterday, 06:30

Proposals for 44 new homes in The Avenues, Exmouth, look set to be decided by a planning inspector, after the applicants launched an appeal.

Read more
Tue, 16:30
Mebers of Exmouth Knit and Chat filling shoe boxes.

A group of knitters from Exmouth have added some extra sparkle this year to their annual Christmas donation for people in need.

Read more
Tue, 12:30
Plans for new homes have been submitted to the council.

Views of children, students and young families are needed to help shape Budleigh Salterton for future generations.

Read more
Tue, 12:30
Forces Veterans for Veterans President Adrian Thorton receiving a cheque for £1,000 from Ian Kingsbury.

An Exmouth soldiers’ group, which is battling to raise awareness of post-traumatic stress disorder (PTSD) and other mental health illnesses, has received £1,000 from Devonshire Freemasons.

Read more
Providing accommodation for gypsies and travellers is a legal requirement that East Devon District Council must meet through its Local Plan

IN A significant development in the proposals to locate a large gypsy and traveller site in Cranbrook, East Devon MP Hugo Swire has urged East Devon District Council to rethink its plans.

Read more
Tue, 10:00

Air and army cadets in Exmouth could be getting state-of-the-art facilities, after plans were unveiled for their new headquarters.

Read more

Local Weather



max temp: 11°C

min temp: 11°C

Most Read News

Great British Life

Great British Life

Useful Links

Advertise in the Paper
Submit a Story
Subscriptions Order
Photo Orders
Family notices
Google Plus
Reader Travel

Family Notices 24

Read Online

Read the Exmouth Journal e-edition E-edition

Local business directory

Exmouth's trusted business finder

Search for a job in Exmouth

Find planning applications