Growing business moves its HQ to Port House office

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One of the fastest-growing businesses of its kind in Britain has moved into 
new headquarters in Portsmouth.

In a deal through commercial property consultancy Hughes Ellard, Liquid Friday has taken the top floor of three-storey Port House, which overlooks Port Solent marina.

Liquid Friday is an umbrella payroll services provider for more than 2,500 UK-based contractors and freelancers from all sectors.

Named after a tongue-in-cheek expression for contractors celebrating pay-day with drinks, Liquid Friday relocated from commercial units in Fratton, having outgrown the business space.

In 2009, the company had two staff and operated out of Portsmouth Technopole, the serviced offices centre by the M275, as an early-stage business with 80 users and a £0.9m turnover.

Now, the 30-strong company is led by chief executive Phillip Venn.

Its sister company Boox, with a 50-strong team of accountants operating at the premises, was set up from scratch three years ago to provide online accounting services.

Mr Venn said: ‘Port House meets our high standards for a headquarter building in which to continue to 
grow both Liquid Friday and Boox.

‘The demand for our services from customers is phenomenal.

‘They feel reassured by our best-practice compliance culture and easy-to-understand and accessible accountancy.

‘We anticipate filling our top floor, from the current 85 staff, to a maximum-capacity 120 sooner rather than later, creating both jobs and inward investment locally.’

Port House was recently refurbished to high standards by freeholder Premier Marinas, with Liquid Friday carrying out a funky fit-out with a nautical theme.

Liquid Friday was named the 22nd and 30th fastest-growing private business in the UK in 2011 and 2012 in the Virgin Sunday Times Fast Track 100 Awards.