NatWest Helps Runcorn Business Move to New Base


NatWest Helps Runcorn Business Move to New Base

FBS Contracts Ltd, a company that manufactures and installs specialist laboratory furniture, has purchased new premises in Runcorn, supported by NatWest commercial bank.

The company has invested more than £500k to buy its own premises on Whitehouse Industrial Estate in Runcorn. FBS previously traded from a rented site on Astmoor Industrial Estate.

At 21,000 sq ft, the new FBS site is larger than their previous premises, ensuring the company has the space to increase its manufacturing capacity if needed. The purchase also provides FBS with long-term stability as the lease on its previous home was not available to buy.

Established in 1992, FBS manufactures and installs laboratory furniture for schools, universities, the NHS and commercial clients including many leading pharmaceutical manufacturers. The business has a turnover of over £2m and employs 30 staff.

Tracey Robinson, FBS Managing Director, said: "Purchasing our own premises provided additional security for the business and is something that we have been looking to do for quite a while. Moving to a larger base also means we can improve the efficiency of our manufacturing operations and increase capacity as and when required."

NatWest commercial banking in Liverpool provided FBS with a £300k loan to help fund the property purchase. Relationship Director Angela Moretta, said: "This is a positive move by Tracey and her management team. They have moved to keep the business competitive in this market and enhance its long term security. We are happy to provide finance to support their plans."

Media Enquiries:

Mark Lester
Regional Communications Manager, NatWest
Tel: +44 (0) 7917 598 585
Email: mark.lester@rbs.co.uk

Latest news

RBS to help 2.5 million people each year to be more financially capable

RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.

RBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market

RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.

RBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023

RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.

Set Tab for lightbox