Six-figure investment from NatWest.
Founded in 1964 and with a headcount of 50, the family-run firm operates quarry, recycling and packaging sites across the West Midlands. Using a fleet of 34 vehicles, materials including recycled aggregates, sand and gravel are delivered to builder’s merchants, garden centres and specialist builders UK-wide.
Keen to expand and purchase a new quarry, H.D. Ricketts’ managing director Adrian Ricketts turned to NatWest and secured a six-figure loan. The deal has enabled the business to purchase a 320-acre site in Weeford, Staffordshire. Over the next two years, the onsite workshop and office premises will also be upgraded to incorporate renewable energy sources, including solar panels and wood burners.
Key individuals involved
Adrian Ricketts, managing director for H.D. Ricketts, and Neil Mellings, senior relationship manager for NatWest.