Partner Article

Teesside removals firm to create 27 new jobs with six-figure investment

Middlesbrough-based business E Pearson and Sons is aiming to more than double turnover in the next few years after receiving a six-figure investment from FW Capital.

The international removals company, which next year celebrates its centenary, is already a clear market leader with the country’s largest single-site fleet of international removals vehicles.

The company has two divisions - Pearson Home Moving provides international home removals for corporate clients and Pearson Sales is a brokerage business for international home removals.

Turnover is growing and it currently employs 77 people nationally – 61 in the North East.

FW Capital’s loan will help the company expand, recruit 27 new sales and operational staff, rebrand with a new corporate image and implement new IT processes.

Pearson’s Executive Chairman, Stephen Hayward, said: “Our philosophy has always been to be the best international removals company in the business and this remains true today.

“We’re operating in a growing marketplace with demand for our services increasing. We’re helping more and more people move home, driven by our passion for customer care and attention.

“We’re aiming to more than double our turnover from £8.1m to £16.8m over the next three to four years and FW Capital’s investment will underpin our expansion.”

The Pearson Home Moving fleet works for some of the world’s best known relocation companies; including Pickfords and Crown Relocations and has an excellent reputation for delivering high quality service, reliability and on-time delivery. They’ve also helped move several sports stars and other celebrities.

To spearhead its expansion the company recently commenced rebranding its fleet to help progress Pearson’s flourishing international business.

FW Capital Investment Executive, Keith Charlton, said: “Pearson’s management team is highly experienced with a proven track record and many years’ experience in the industry. The company has been growing successfully and is now a leading international removals business and demand for their services is increasing.

“Our loan will be instrumental in the company’s expansion over the next three years and we’ll be working with the management team to ensure they strengthen their position in this growing international market place.”

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