Telegraph.co.uk:
Corsham, a small village between Bath and Chippenham, is filled with caverns of secrets. The village includes an incredible underground world filled with tunnels and rooms, constructed for a bygone age when we needed somewhere safe to bunker down in the event of a major disaster or attack.
But today Corsham is less about Cold War bunkers and more about safe storage for companies. Mavinwood is the Aim-listed business that owns 72 acres of underground storage space at Corsham. This includes certain parts that are secure, gas-controlled security vaults housing government records that may never see the light of day.
But it is the document management work that the business provides to City law firms and brokers that provides Mavinwood’s focus in Corsham. Kevin Mahoney, the seasoned support services manager, is the chief executive of the business, which counts the likes of Berwin Leighton Paisner and Collins Stewart among its clients.
‘Our business is focused on storage, scanning and shredding,’ says Mahoney. His company’s 10,000 clients pay £2.60 per box per year, plus the cost of the courier service.
The business model is a traditional outsourcing one, backed up by the obvious point that City law firms and brokers are paying much more per square foot to rent their offices than it costs in Corsham. This is why it makes so much sense to keep their dusty documents there.
* More from the support services sector… read more.
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