Family-run business creates seven new jobs following Kirkgate expansion

Family-run business Fred Aldous Limited has announced expansion plans and the launch of a new shop after securing funding from Barclays.

Established in 1886, Fred Aldous Limited is now headquartered at Lever Street in Manchester.

Now in its fifth generation, the business has launched a new shop at Kirkgate in Leeds.

Specialising in arts and craft products, the business currently stocks more than 25,000 products throughout the two retail outlets.

Mark Aldous, Director, Fred Aldous Limited said: “The business was initially launched to weather the downturn when cane sales declined in the second generation.

“The diversification from cane into handicrafts secured the longevity of the business and we’ve continually expanded our range in this niche market supplying anyone wishing to craft with needles or brushes. Handicrafts still remain very popular and we’re hoping that the new store in Leeds will fuel creativity across Yorkshire.”

Fred Aldous Limited currently employs 24 staff in Manchester with a further seven staff recruited for the Leeds site.

Dermot Rainsford, Barclays relationship director, commented: “Like many of our customers, Fred Aldous Limited decided the time was right for further investment to grow the company and it’s great to see the new retail outlet launching in Leeds. The new funding has enabled the business to acquire premises and extend their market share and we look forward to seeing their continued growth in the years to come.”