Former Yell national account managers Clive Tucker and Mark Lloyd have set up in partnership with Roy, who has run the business for 26 years. The business currently operates numerous School and Social Services transport contracts for Flintshire County Council, providing specially adapted vehicles for children and young people with physical disabilities.
The pair, backed by a significant support package from NatWest and its asset management arm Lombard, will work alongside Roy as the business expands into the private market.
The firm employs 15 local professional drivers to run its fleet of 18 modern adapted minibuses. Many of the vehicles have automated lifts, suitable for wheelchair users. The business plans to broaden its private customer base across North Wales and Cheshire. The new partners are already looking at refurbishing the existing building to provide purpose-built office space and a workshop which will dramatically improve the site frontage in Holywell Road.
Business partner Clive Tucker said: "Mark and I were looking to move on from our account management jobs to something completely different and we needed a relatively safe proposition. With several established local authority contracts, Roy's business offered us the security of knowing what our turnover would be for the foreseeable future and that gave us the reassurance to take the plunge and invest."
"The company has significant growth potential and Mark and I are already looking at ways to bring some fresh impetus to the business, working closely with Roy. We also hope to increase the workforce, as we take on more private sector work."
NatWest relationship manager Annette Shinner said: "Mark and Clive have taken a bold step, getting into a totally new sector but they have solid business experience and will I'm sure help to take this business to the next level. This is a great illustration of the Government-backed Enterprise Finance Guarantee scheme in action, helping to boost another small business in North Wales."
Since its inception in 2008, NatWest and Royal Bank of Scotland have made available more than £54million in EFG loans to Welsh businesses.