Lloyds Financing Helps Expansion Plans
GG Glass and Glazing doesn’t let the grass grow underfoot. It’s only through proactive effort and exemplary customer service that the company has gone from a start up to a national, multi-million pound enterprise in just seven years.
It was only a couple of months ago that GG Glass were celebrating being recognised by the London Stock Exchange as one of Britain’s most inspirational companies, and there have been further growth achievements since then.
New Funding Fuels Expansion
To meet expansion plans into areas of the country not yet adequately served, GG has secured £200k in funding from Lloyds Bank Commercial Banking. As Alistair Pike, relationship director for SME Banking said, the company has seen remarkable growth since it was founded.
Actively looking for acquisition targets to bring into the business, plans for the near future include reducing dependence on subcontractors. Whilst the subcontract model works well, GG Glass and Glazing feels that customers are better served through having a broader, local knowledge base. Adding additional branches to the existing site network will help with understanding customers’ growing needs on a more personal level.
Specialist Glazing and Emergency Services
Currently, with headquarters in Liverpool and branches in Glasgow, London, Leeds, and Manchester, there is plenty of scope on a national basis for expansion.
As well as providing an emergency sourcing service, 24/7, across the UK and Ireland, making safe and boarding up premises in the event of ram raids or break-ins, GG also supplies and fits:
• Bolted glass assemblies
• Structural glazing
• Curtain walling
• Glass balustrades
• Glass door assemblies and partitions
Discerning clients include HSBC, Iceland, Tesco, Next and River Island.
Currently with over 100 employees across existing branches, GG Glass and Glazing expects the new funding will enable revenues to rise by £2m for a total of £14m this year.
