Funding boosts JH Mechanical & Electrical

A ‘game-changing’ six-figure investment is set to support growth and job creation at Stockton-based JH Mechanical & Electrical.

The company has been backed by the Northern Powerhouse Investment Fund II (NPIF II) - FW Capital Debt Finance to create jobs.

Bosses say it will help expand its workforce by ten employees and support a major new contract in Yorkshire.

Founded in 2013 by husband and wife team John and Heather Heward, JH Mechanical & Electrical has grown to a workforce of 44 and offers commercial installation, maintenance and repair services to clients across education, government and business sectors, including partnerships with Newcastle and Teesside universities, and Sunderland City Council.

Heather, finance director, said: “We’ve enjoyed fast growth, which has led to a significant increase in our workforce over the years, and we’re delighted to be adding a further ten new roles to the team.

“This new funding has made a big difference, providing working capital to support a significant new contract that increases our presence in Yorkshire. 

“This is a game-changer and will see us double the size of the business. 

“The support from Dave Hawkins and the team at FW Capital has been invaluable. The financial backing means we’re well equipped to fulfil new contracts with increased confidence and maintain our high quality of service.” 

The investment marks the fourth round of funding from FW Capital, highlighting its long-term commitment to JH Mechanical & Electrical’s growth.

Dave Hawkins, FW Capital portfolio executive, added: “We’re proud to support Teesside businesses like JH Mechanical & Electrical with access to funding that is helping them scale.

“Heather and John are valued clients with an impressive business model. Their success over the years has been fantastic to watch, and assisting expanding businesses like JH Mechanical & Electrical is what the NPIF II funding is all about.

“The business continues to demonstrate growth, and this latest new contract win is driving further job creation to the local area and expanding their services into Yorkshire.”

The £660 million Northern Powerhouse Investment Fund II, launched by the British Business Bank, covers the entire North of England and provides loans from £25,000 to £2 million and equity investment up to £5 million to help small and medium-sized businesses grow. 

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