New headquarters for West Yorkshire lighting specialists
West Yorkshire lighting firm, Sensio Ltd, are expanding into new premises in Castleford following a Funding for Lending deal.
The family owned business will move into a new headquarters at Speedwell Road in Castleford, following a deal with Barlcays.
Sensio manufactures and wholesales high quality lighting for kitchens, bedrooms and bathrooms.
Michael Linsky, managing director of Sensio Ltd said: “Purchasing the new premises is a major step forward for our family business and takes us from a pure lifestyle operation into a sustainable mature business.
“We plan to expand into international markets and the timing of this investment could not have been better with the cash-back payment from Barclays providing a buffer to help manage our finances as we expand.”
Sensio Ltd, which employs 20 locally in Castleford, has an annual turnover of £4million and has used the new Government-backed ‘Funding for Lending’ scheme to purchase and kit out the new premises.
Bryn Sutcliffe, senior business banking manager at Barclays said: “By participating in the Government-backed ‘Funding For Lending’ scheme, Barclays is able to pass on the whole benefit we derive to our customers and we are optimistic that people will take advantage of this cheap time to borrow, and make the investment decisions that they have been putting off.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Resilience, connection and maximising opportunity
In pursuit of healthy obsession
Why the Budget must restore productivity
What does collaboration really mean in business?
Why NE6 is the real Northern Powerhouse
Can you really judge someone by their CV?
Are you flying too close to business burnout?
Making education a lot better for a lot more
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?
Engaging the five-generation workplace