Assured Fire and Security is aiming to quadruple the number of people it employs and targeting a five-fold increase in turnover as it expands nationwide with the help of a £50,000 loan from UK Steel Enterprise.
The Dinnington-based, independent family-owned, fire and security specialist hopes to increase its workforce to almost 200 and raise its turnover to £15 million over the next five years.
Simon Stokes managing director of the Carrera Court firm, said: “The loan from UKSE is vital to our growth plans and we are delighted to have that level of confidence shown in us by our new investors.
“We are an ambitious company and aim to become one of the largest independent fire and security companies in the country in the next five years. Our growth plan calls for the acquisition of companies in major industry growth areas such as London, Manchester, Birmingham, Glasgow and Newcastle.
“We even have plans to further develop our overseas works and develop Assured as an international brand, so this financial boost could see what was once a sole trading company become a global brand.”
Keith Williams, regional manager for UKSE, the TATA subsidiary that was set up to encourage job creation and regeneration in areas hit by steel industry closures and cut backs, described Assured as a “perfect client,” when it came to making an investment.
“Simon has a solid management team and we like the company’s approach to new enterprise, its ambition and growth prospects,” said Mr Williams.
“The company has a clear vision for the future and importantly for us it is one that will play a role in the regeneration of not only South Yorkshire but other regions as well. We are delighted to be a partner in the growth of Assured Fire and Security.”