SHEFFIELD company High Access Solutions has moved into new premises thanks to financial help from Tata Steel subsidiary UK Steel Enterprise.
They have taken the shell of a derelict building and used a £150,000 loan from UK Steel Enterprise, with additional assistance from Finance Yorkshire and HSBC, to refurbish Access House in Clun street.
High Access Solutions specialises in providing both permanent and temporary roof safety systems allowing working at height to be carried out safely. All their technicians are qualified to the specialist industry standard and have the necessary trade skills to carry out the required work.
Paul and Nargas Forster started the business with the knowledge that the working at height industry appeared to lack both service and economic factors and understood they could bring this to the market. Following the business start-up the business weathered some financial turmoil when a major customer went into administration owing them over £20,000 on a contract, which was funded through a redundancy payment.
Since then the company has gone from strength to strength placing particular attention to their website which has brought them several major contracts, from both the UK and Europe.
As the company expands they have taken on more staff and sub contractors, now having around 30, most of them working out on sites around the UK.
UK Steel Enterpriseexecutive Allan Wood said: “High Access Solutions had a viable plan to turn what was a deserted building into their new headquarters. They could not stay in their former home in Petre Street as the landlord had sold the building. Having carefully considered Nargas’ figures and projections for future turnover, we were happy to provide the funding.”
Rob Hanney, Corporate Finance Manager at Knowles Warwick, added “Being able to introduce our client to funding from UK Steel Enterprise and Finance Yorkshire has enabled High Access Solutions to secure a new property which is fundamental to the company’s future growth and development. By helping to provide accurate and detailed information, it enabled the funders to make a quick decision to provide the necessary finance.
Karl Hodson, Investment Manager at Business Loans Finance Yorkshire, said: “This demonstrates how local funders can work together to help businesses in the region. The package of finance provided by UK Steel Enterprise and Finance Yorkshire has allowed High Access Solutions to achieve their premises move and refurbish it to a high standard.”