APT Health and Safety
Rapid growth for training firm as they secure £10m contract
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About APT Health and Safety
Established in 2013 by Managing Director GarethJones, APT delivers health and safety and first aid training courses to companies throughout Cheshire and the Midlands. Since its inception the business has grown steadily to an annual turnover of £500,000.
What did they want to achieve?
Having secured a new £10 million contract with Kier Group, APT Health and Safety were set for rapid expansion. This new contract alone had set them up for 400% growth in 2015, with their turnover estimated to hit £2.5m – and such rapid growth requires good access to working capital.
How we helped
Our invoice finance team is assisting APT with a £450,000 factoring facility. This will improve their cash flow to help the business through their period of growth.
The support we have received from the invoice finance team has played a key role in enabling us to bid for and take on this contract. The factoring facility is supporting our growth brilliantly, helping us to maintain a healthy cash flow whilst the business continues to expand.
Gareth Jones, Managing Director at APT Health and Safety
I'm pleased that we have been able to support Gareth and the team at APT. Winning the contract with Kier Group is a significant step for the company and it is great to be working alongside the business, ensuring it is adequately funded to secure its long term growth.
John Anderson, Relationship Manager at Royal Bank of Scotland