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02/03/2017

Window manufacturers Victorian Sliders to more than double factory after £1.5m Finance Wales loan

Ammanford company, Victorian House Sales Limited (trading as Victorian Sliders) has received a £1.5million loan from Finance Wales to expand its base in the town.

With the loan they plan to more than double the size of their factory from 110,000 square feet to over 240,000 square feet on their 14 acre site on the Capel Hendre Business Park.

The company, who produce PVC-U double-glazed sash windows, have seen massive increased demand for their products year on year since incorporation.

Director Brendan McCambridge said: “Demand for our quality window products has soared in recent years. With this investment, we’re in a position to expand our business premises and continue to increase our turnover. This factory, when complete in May 2017 will be one of the largest single site manufacturing operations in South Wales creating more products and jobs.”

Every aspect of sales, design, manufacture and distribution is carried out on site including extrusion, glass processing and assembly.

Having incorporated in 2010 the company has seen their turnover increase from £4 million to over £13 million in 2016.  They are Europe’s largest specialist manufacturer of PVC-U vertical sliding sash windows and have plans for further expansion.

“Victorian House Sales are the market leading manufacturer of PVC-U vertical sliding sash windows in Europe and are enjoying great demand for their quality products,” added Senior Investment Executive Alun Thomas, who structured the deal. “It’s fantastic to see a West Wales company expanding on this scale and we were delighted to be able to help with this investment.”

The £1.5 million loan has come from the Wales Business Fund, which has been part-funded by the European Regional Development Fund through the Welsh Government.   The fund is designed to support small to medium-sized enterprises (SMES) based in Wales, and to deliver sustainable economic growth and jobs.

Finance Wales makes commercial investments from £1,000 to £3 million in SMEs based throughout Wales. Investment executives work with business owners and managers to understand their growth requirements, tailoring investments to suit individual businesses’ growth plans. To find out more information call 0800 587 4140 or email info@financewales.co.uk