Irish e-commerce software company Scurri is looking to establish a dedicated UK team and add roles at its London office that otherwise would have been earmarked for Ireland as it considers its future after the UK’s decision to leave the EU.
The Co Wexford-based software firm which employs 25 staff with a two-person sales team in London is looking to scale up its UK operations in the aftermath of the Brexit vote.
With 95% of its client base located in the UK, the company will have to adapt to cater for the vast majority of its business which, after an initial period that’s like to be beneficial to the company, will become more difficult to service.
“For us immediately, I think it’s straight away beneficial because sterling prices go down, more bought from the UK, there’s no tariffs in place until they actually invoke the Brexit with the EU and it’s going to be at least two years after that.
“The longer term is that if the Brexit happens there’s going to be added logistics costs, there’s going to be more paperwork, there’s going to be tariffs depending on how hard the EU go on the UK for going out. It could be significant.
“That is going to be the issue for us,” said Scurri chief executive Rory O’Connor.
With Scurri looking to double its workforce in the next 18 months or so, a greater share of those jobs are now likely to go to London rather than Wexford.
“Rather than extracting from the UK, we’d have to get closer to the UK in terms of probably hire specialists in customs and duty, change our product to suit workflows that will handle tariffs and that sort of thing in the UK.
Scurri is also looking to the Far East and US to diversify its client base in the wake of the UK’s decision.
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