Feature

Ace Aluminium to Purchase New Head Office following £525,000 in Funding

Stockton-On-Tees based Ace Aluminium and Architectural Services Ltd (“Ace Aluminium”), a fast-growing speciality glazing business, is to purchase a new head office in Great Ayton to better cater for strong demand following £525,000 funding from Santander Corporate & Commercial.

Stockton-On-Tees based Ace Aluminium and Architectural Services Ltd is to purchase a new head office following £525,000 funding from Santander Corporate & Commercial.

 

Established in October 2011 by Andrew Platts, Ace Aluminium supplies and installs curtain walling, windows and doors. The business also offers a full project consultancy service from inception through to completion to help with feasibility, logistics, design and cost analysis. Andrew has over 20 years’ experience at the forefront of the glazing industry and is the sole shareholder and director. Clients include Bradford City Council, Wakefield District Council and Redcar Council.

 

Ace Aluminium is forecasting turnover of £2.5 million for the forthcoming year, with continued healthy profits. Following exceptional growth and demand from clients, the £525,000 funding from Santander Corporate & Commercial will be used to purchase a new property in Great Ayton which will become the firm’s head office. The property also includes two cottages which will be let out as holiday lets for visitors to the area.

 

Andrew Platts, Director, Ace Aluminium, said: “The new property is a great opportunity for the business as it will provide more space, allowing for potential expansion and future growth. The team at Santander has been extremely supportive throughout the process and we are confident that this move will be a great next step for us.”

 

Vanessa Collins, Relationship Director, Santander Corporate & Commercial, said: “We are delighted to provide funding to support Andrew and the team at Ace Aluminium. Andrew is an enthusiastic, commercially astute, reliable and committed entrepreneur, as shown by the forecast turnover of £2.5 million after just four years.”

 

Paul Griffiths, Director at Marlin Commercial Ltd who advised Ace Aluminium & Architectural Services Ltd on the purchase said: “The new site will allow Ace to continue its growth which has been sustained over the previous four years. Given Andy’s enthusiasm for the project to go ahead, I had to find a bank who would be able to not just provide funding for the purchase, but which would also commit to becoming part of Andy’s projected business plans for the future. Santander provides an excellent Relationship team as well as market leading financial products, and has proven to be the perfect match for Ace.”

 

The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.

 

Notes to editors

For Ace Aluminium media enquiries, please contact Andrew Platt on 07734 227819

 

 

For Santander Corporate & Commercial media enquiries, please contact:

 

Bijal Tanna                    020 7756 4189   Mobile: 07860 259 217

Jonathan Akerman         020 7756 4190   Mobile: 07850 640 770

 

The Santander Corporate & Commercial press office operates from 8.00am to 6.00pm. Outside of these hours please call 0800 5877708.

 

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