User:Dingoatemypig/sandbox

Overview
As of 2023 the Bibby Line labels itself a diverse company which has three separate services split into: Financial Services, Marine Services, and infrastructure applications. These businesses within the Bibby line group, operate across multiple countries and currently it is recorded to employ 1300 colleagues. It is now recording management of 1 billion pounds in funds.

According to Bibby Line, a key function is its corporate Sustainability Framework. As an organization its has worked to follow a “deep rooted family ethos”. in 2023, as a diverse and modern group, they emphasize an aim for sustainability through 'Project Compass,' which aims to focus on environmental stewardship, excellent business practices with both employees and customers, and community enrichment. To highlight this they hope to have a “Leading NPS customer satisfaction score of >60 by 2024 and be fully net zero in emission by 2040. Their vision is to be recognized as a "family business known for creating a better future together." While they've already contributed and worked towards this goal in a number of ways for example, eco-friendly construction welfare and significant charity donations, they acknowledge room for further progress. They continue to collaborate with teams across the group and they've launched bold initiatives to try and accomplish their vision.

After suffering through Covid-19 and ultimately undertaking a restructuring it was recored that generally after working at a net loss they were able to run more profitably. In reports sent to the Uk companies house it can be seen that in December 31, 2021, the group made a net profit of £35.5m, compared with a net loss of £29.9m in 2020.

Leadership
Since 1965 Bibby has come into its modern era of leadership with the fifth generation, Derek Bibby becoming MD. He led diversification into new areas specifically financial services and infrastructure applications. Following his retirement Simon Sherrard was appointed the first non-family managing director and helped continue to modernize and drive diversification before handing over to the sixth generation Michael Bibby in in 2000. Since then Bibby Line has continued to rapidly grow and diversify further and Michael stepped back from managing director to chairman. Currently the board is composed of 5 members; Jonathan Lewis the Executive Director (Group Managing Director, ), and the Non-Executive Directors including: Sir Michael Bibby Bt. DL (Chairman), David Anderson (Senior Independent), Susan Searle, and Geoffrey Bibby.

Financial Services
Bibby Financial Services was set up in 1982, is seen to be the UK’s largest independent invoice finance company. It offers services providing factoring and invoice discounting financial support for growing SME's. Through It aims to “help businesses around the world grow, combining international scope with expert local knowledge”. In a report released in 2023 it note that it employed 900 people and had expanded to nine different countries. After a restructuring of the company in 2020 profits were reported to have increased by 2022 from£132.4m to £150.5m for 2022 while its pre-tax profits increased from £255,000 to £9.4m.

Marine Services
Bibby Marine Limited, established in 1982, currently has 1 "Wavemaster" that can operate up to 30 days at a time and 1 Bibby Challenge that contains 337 rooms known as the Bibby Stockholm. This has led to the current dominant trait of the Bibby Line fleet being the application of these vessels for “walk to work service” where special operations ships, "Wavemasters", can take off shore workers out to their remote locations. Part of this then also extends into floating off shore worker accommodation locations providing floating barges where workers can live on or off duty. These marine services aim to provide cost effective and environmentally friendly options for workers on large scale marine infrastructure projects. There have been large controversies with Bibby Stockholm which aims to provide support housing for asylum seekers. Claims of prison like conditions were claimed and according to the financial times governments were only saving £9.28 per person per day.

Infrastructure
Existing for the last 30 years and employing 230 people, "Garic" has worked in the welfare and plant hire market. This is through the “hire and sell welfare accommodation, modular buildings, plant and storage products, tower lights, environmental solutions, wheel washing, dust control and site shelters”. These can be set up, serviced and broken down by Garic and are generally aimed towards fields like construction, infrastructure, industrial, house building, water and waste, power, utilities and renewables and commercial property sectors. They have moved into sustainable sectors as is one of their goals as seen in an article where Garic promotes sustainable solutions to business growth on the ground.