TRIPLE CELEBRATIONS AS FIRM SWITCHES PREMISES
Banks Long & Co is delighted to have helped a fast-growing company to make the exciting move into its first commercial premises.
Procure Direct – which was based in Sudbrooke - has snapped-up a unit in Crofton Drive on Lincoln’s busy Allenby Industrial Estate. The move has been supported a HSBC commercial mortgage.
Its a brilliant time for the company which is celebrating a hat-trick of successes – its relocation to a 3,100 sq ft unit, its 15th anniversary and a record year for sales, with turnover up 50 per cent year-on-year!
Established in 2005 by directors Spencer Coffin and Helen Callaway, Procure Direct employs a team of seven, and designs, manufactures and installs energy-efficient lighting and heating solutions.
It’s surge in turnover is thanks in part to school and shop closures due to the pandemic bringing forward LED lighting projects.
“We started Procure Direct in our living room, sourcing lighting and heating solutions from contacts I had built up in my ten years of working for other people,” said Spencer.
“We’ve worked incredibly hard over the years and have also received some fantastic support from the people we’ve worked with. Procure Direct now has its own design and manufacturing facilities in China and offers incredibly advanced heating and lighting solutions at very attractive prices.
“As well as excellent products, with a market-beating warranty, we also have a fantastic installation team, which means we can offer a complete turnkey solution to our clients.”
Procure Direct has been particularly successful in the education section, installing LED lighting into more than 75 schools. The business has also helped reduce energy use and utility bills in warehouses and retail outlets across the country.
“The last 15 years have been amazing and have gone so quickly. We will be treating the team to a little socially-distanced celebration, but we’ve got lots on at the moment so we won’t be relaxing for too long!”
As well as working extensively in education, the company is currently installing LED lighting into retail stores, a football ground and several factories. It has introduced a commercial range of vandal proof solar LED bollards, pedestrian lights and street lights which have proved popular with local authorities and large outdoor leisure sites.
Banks Long & Co trainee surveyor Harry Hodgkinson said: “We are delighted to have sold the Crofton Drive unit to Procure Direct and that this deal marks the company’s exciting move into commercial premises at a key point in its history.
“We wish Directors Spencer Coffin and Helen Callaway all the best, as the company enjoys a period of rapid growth, which has been partially driven by the pandemic and also the launch of new ranges.”