A commercial landscaping business from Styal has successfully diversified and won a significant new contract with a major airport hotel.
Peter Ashley Car Parks Ltd has secured a £1.35m facility from Barclays to assist with the purchase of a new car park site. Stockport-based accountancy firm, Bennett Verby Ltd advised on the deal.
The acquisition of the car parking site on Irvin Drive has helped secure a new contract with the major airport hotel, to park guests’ cars when flying from Manchester.
Managing Director, Peter Davies said,
“Our long standing relationship with both Barclays and Bennett Verby Ltd meant our proven track record of successful business implementation secured our vision for the expansion of the airport car parking business. We are now able to provide the most secure, professional hotel parking solutions within close proximity to Manchester Airport, we would like to take this opportunity to thank Barclays & Bennett Verby for their help and support and, look forward to further expansions of the business over the coming years.”
Neil Jones, Director at Bennett Verby Ltd (above left) added:
“Bennett Verby Ltd is delighted to have assisted in this deal between Peter Ashley Ltd and Barclays. We understand from our wealth of experience that the thorough preparation and correct presentation of business finances to lenders results in a higher success rate. Business owners are much more likely to secure the full funds that they need for growth by working in partnership with their accountant.”
Ian Jones, Relationship Manager at Barclays commented:
“Peter Ashley Ltd is a long standing customer of Barclays and this deal represents a very exciting new phase for the business. They are a well-run family business with over 50 years of experience and an appetite to invest and expand. With their strong track record and very capable management team, we have been able to support them take a new business idea to the next level and their drive and determination has been rewarded by securing the this major contract.
“At Barclays we run a range of programmes to help our customers get the finance and skills they need. Starting or managing a business can be rewarding but it needs good financial planning, especially if you need to apply for a business loan, mortgage or overdraft. We’re passionate about helping businesses to grow and to support their journey we have launched free, nationwide ‘Fired up for Growth’ clinics which help small businesses to unleash their growth potential.”