NatWest supports AMA Labels Ltd latest expansion


NatWest supports AMA Labels Ltd latest expansion

NatWest has announced its support to Buckinghamshire-based AMA Labels Ltd, by providing £180k of funding facilities to include the purchase of premises and allow for further expansion.

Established in 2000 in High Wycombe, the company is run by Directors Mike Knight and Andi Burnham. Providing a labelling and bar coding printing service for the small retailer through to blue chip corporations across the South East, AMA have organically grown their client-base and order book since inception to become a £500k annual turnover business. AMA outgrew their current leasehold premises and sought premises on a commercial industrial site at Piddington, double the size. The new premises provide the business with 2,100 sq ft of office, manufacturing and warehouse space. This helps to accommodate the increased demand the company has seen for its products in the last 12 months. It will also enable an increase in headcount as they look to employ an additional member to the team within the operational side of the business.

NatWest have been a supporter of this business since they established and the company's long-term ambitions. The opportunity to acquire larger freehold premises came up at just the right time and Mike and Andi approached NatWest for finance through their relationship manager, Paul Kilday. Given the confidence Paul had in this well managed business, NatWest were happy to provide funds for the purchase of premises.

Andi Burnham, Sales Director of AMA Labels Ltd commented, "Our new premises enable AMA Labels to move to the next level for our industry. We can increase our product range, stock holdings and client base whilst remaining a proud British company with a keen focus on labelling and bar coding. NatWest have been great and we thank them for the faith they have shown in us. We are confident 2012 is going to be a very good year for bar coding and labelling at AMA Labels Ltd."

Paul Kilday, NatWest's Relationship Manager, commented, "AMA have built up a really loyal customer base and needed to operate from much larger premises to aid expansion. It has been a pleasure dealing with a successful local SME business and I wish them well as they settle into their new surroundings."

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