Telling Architectural is a developer and distributor of advanced building facades based in the West Midlands. The company has announced that it has agreed with Aldermore a new financial facility that will be worth £1 million. The developer and distributor has been in operation since it was established in 2002.
A company known as M & R Haulage that has been in existence since 2007 is expanding its horizons by signing a financial agreement with Aldermore, a savings bank that specializes in helping businesses to invest in new and exciting projects. Mister Neil Johnson of Aldermore has explained that he
BDC 319 : Aug 2024
Telling Architectural is a developer and distributor of advanced building facades based in the West Midlands. The company has announced that it has agreed with Aldermore a new financial facility that will be worth £1 million. The developer and distributor has been in operation since it was established in 2002. The company is based in Four Ashes, Wolverhampton and deals with clients in the UK and in North America. Telling Architectural has been expanding steadily since first starting up. The company moved to new premises in July of 2016 in order to accommodate their growing numbers of staff as well as in order to support their increasing sales. Telling Architectural revealed that they achieved a turnover of £5 million in 2016 and the company forecast that this figure will have doubled by 2018. The funding that has been granted by Aldermore is expected to help Telling Architectural achieve this ambitious level of growth. Aldermore Group PLC is a specialist bank that offers clients a range of straightforward products. The bank mainly caters for Small and Medium sized Enterprises, or SMEs, as well as offering services to homeowners, landlords and individuals. Aldermore does not offer a network of branches, but deals with their customers online, by phone or face to face via their regional offices that are dotted around the UK. The Bank was established in 2009 and focuses on delivering a reliable, dynamic and expert service for their clients. Telling Architectural are joining Aldermore after their previous lender proved unable to offer the kind of financial support that the company needed in order to maintain and continue their strong growth patterns. One of Telling’s independent consultants introduced the company to Aldermore and the bank was willing to offer a tailored funding solution and also proved very easy to work with. Support from Aldermore has allowed Telling Architectural to move in to their new premises and has given the company the opportunity to continue to meet customer demands while still forecasting and achievable level of growth.
A company known as M & R Haulage that has been in existence since 2007 is expanding its horizons by signing a financial agreement with Aldermore, a savings bank that specializes in helping businesses to invest in new and exciting projects. Mister Neil Johnson of Aldermore has explained that he is very pleased that the agreement is being signed as M & R Haulage have a very good reputation as a well-established company with many vital and exciting projects under its collar. This includes the firm’s intention to contribute towards the expansion of Heathrow Airport as well as its efforts in expanding the width of the M25. The agreement will ensure that M & R will be able to remain in the big league and sign itself up for lucrative and exciting contracts and projects in the years to come. M & R Haulage are also joined by M & R Aggregates, which furnishes the various substances that are needed in order for construction work to take place at whichever site M & R have been assigned to. No doubt M & R Haulage creator Varinderjit Singh and his family who run the business (along with a total of 10 other employees) will similarly be pleased with Alderman’s decision, and the proceeds that will result from that deal will be used not only to order a brand new vehicle for the haulage work itself, but will also put them in good stead to work on other projects in the future. Whilst M & R Haulage and Aggregates have currently been operating in the Southern regions of the United Kingdom and in the London suburban areas of Middlesex (where they are in fact currently based) it is hoped that with this new deal will secure a good relationship with Alderman and may help Mister Singh and his companies to greater lengths in the not so distant future.
