Brighton-based Stellarmann, a company that provides business and digital transformation services, has announced its ambitious goal of reaching £50 million turnover by 2026. The company, which was formerly known as William Alexander Consulting, has rebranded itself to reflect its values and vision as it expands its client base and service offerings.
Stellarmann’s growth story
Stellarmann was launched in 2020 by co-founders Will Larcombe and Alex Colwell, who have over 20 years of experience in the IT and change management industry. The company has already achieved a turnover of £22 million in its first three years of operation, with over 30 operational staff and 150 associates delivering projects across various sectors, including insurance, financial services and the public sector.
Some of the company’s notable clients include Convex, Talbot AIG, Aldermore Bank and The Crown Estate. Stellarmann’s approach is to assemble tailor-made teams for each project, based on the client’s needs and objectives. The company also adopts a shared risk model, meaning that its associates are incentivised to deliver high-quality results and meet deadlines.
Stellarmann’s co-founder and director Will Larcombe said: “Having the right skills is a given, but any change project has people at the heart. Every team is assembled to be exactly right for the client, whether that’s implementing a cloud-based call centre in the public sector or building agile competence in the insurance industry. We also adopt a shared risk model, meaning our clients always get highly motivated teams who are focused on deliverables. Our growth proves that our ethos is working.”
Stellarmann’s rebranding and future plans
Stellarmann has recently undergone a rebranding process, changing its name from William Alexander Consulting to reflect its core values and vision. The new name is derived from the Latin words “stella” (star) and “mannus” (hand), symbolising the company’s aim to deliver stellar solutions with a human touch.
Stellarmann’s co-founder and director Alex Colwell said: “Our rebrand to Stellarmann is an exciting opportunity to share our values and vision as we work towards ambitious targets to help even more clients succeed on their transformation journeys. We believe that our new name captures our essence as a company that combines technical excellence with emotional intelligence.”
Stellarmann has also set itself a target of reaching £50 million turnover by 2026, which would represent more than a twofold increase from its current level. The company plans to achieve this goal by expanding its service offerings, diversifying its client portfolio and attracting more talent to join its team.
Stellarmann’s head of operations Elizabeth Ide said: “We are confident that we can reach our £50 million target by 2026, as we have a proven track record of delivering successful projects for our clients. We are always looking for new opportunities to grow our business and offer more value to our customers. We are also keen to recruit more talented people who share our passion for business and digital transformation.”
Stellarmann’s positive impact
Stellarmann is not only focused on growing its business, but also on making a positive impact on society and the environment. The company is currently awaiting confirmation of its B Corp certification, which is a global standard that recognises businesses that meet high levels of social and environmental performance, transparency and accountability.
Stellarmann’s co-founder and director Will Larcombe said: “We are proud to be applying for B Corp certification, as it reflects our commitment to being a responsible and ethical business that cares about its people, its customers and its planet. We believe that being a B Corp will help us attract more like-minded clients and partners who share our vision of creating a better world through business.”
Stellarmann’s clients have also praised the company for its positive impact on their organisations. David Cowan, head of change governance at Convex, said: “Stellarmann’s reach in IT and change management within the insurance industry is impressive. Their attractive, low risk payment model ensures access to the highest quality people, who have skin in the game. There are many Stellarmann associates who I’d like to keep in the organisation for a long time.”