Yorkshire camper conversion business achieves £1m turnover in 12 months
A Yorkshire camper conversion business has achieved a £1m turnover in 12 months.
Denson Automotive, which is based out of Thorp Arch Trading Estate in Wetherby, has achieved the seven-figure turnover in the 12 months since January 2020.
This comes on top of a £100k CBILS-backed loan from NPIF – BEF & FFE Microfinance, part of the Northern Powerhouse Investment Fund, as well as £100k directly from BEF.
The funding will be used to help Denson increase its sales in the coming years.
Linden Kitson, Denson Automotive MD, said: “Securing the CBILS-backed loan from NPIF – BEF & FFE Microfinance is a huge coup for us – it allows us to repay an existing Bounce Back Loan, increase our inhouse conversion capacity and capability, and expand the existing workshop to meet strong demand.”
He continued: “We’ve already taken on three new team members, including Norman Hill who comes to us from 18 years at Volvo. The plan is to employ at least five more technicians over the coming 12 months.”
Mark Iley, investment manager at BEF said: “Denson Automotive provide an excellent product and service to discerning clients. It has huge growth potential through increased sales. The funding will help the business to achieve this while improving efficiency and control.”
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