Wall art specialist paints the town red with new London HQ
A London wall art manufacturer has reported that it is moving to larger headquarters after securing £1.2m of funding.
Brookpace Lascelles, which also makes wall clocks, is moving from its North London workshop to a new 5,500 sq ft headquarters in Borehamwood, which will be expanded to 9,500 sq ft with the addition of a new floor.
This comes after the company received a £1.2m loan from Lloyds Bank.
It said that the move has set it up for further growth, and it is expecting turnover to rise by up to 50 per cent.
Brookpace Lascelles, which currently employs 15 staff, also said that the expansion is likely to create up to 5 new jobs during the next twelve months.
Gerard Bendien, managing director at Brookpace Lascelles, said: “For almost 35 years we’ve put great design and quality at the heart of our business, helping us to grow a loyal family of customers around the world.
“The move to our new headquarters will give us the space to continue growing and providing our customers with the very best products to add style, glamour and luxury to their interiors.
“The support we’ve received from Lloyds Bank has helped us position ourselves for growth and allowed us to take that next step in our development journey.”
Ben Clarke, relationship manager at Lloyds Bank, said: “Brookpace Lascelles stands for more than three decades of quality British manufacturing and it’s fantastic to see the business continuing to find new avenues for growth.
“This latest investment will be transformational in giving the firm the headroom to continue expanding and building on its existing reputation for excellence.
“Lloyds Bank is working closely with businesses across the UK, providing the tailored funding and support they need to continue to navigate the months and years ahead.”
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