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Support from Aldermore saves 50 jobs at Merseyside home textile business

POSTED: 1st April 2016
IN: Newsroom
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Iconic textile manufacturer Caldeira Limited, which was established in Liverpool in 1991, has agreed a new finance facility of £1.25m with specialist lending and savings bank, Aldermore, to continue its turnaround and secure its future growth.

Caldeira Limited (Caldeira), the UK’s leading cushion manufacturer, prides itself on delivering quality combined with good value to its many retail clients who are based in more than 20 countries worldwide. The company has received a host of accolades, including being named among Richard Branson’s Sunday Times/Virgin Atlantic Fast Track 100 companies, and has expanded into China and the USA.

The funding from Aldermore will allow Caldeira Limited to continue its growth and development of its three divisions (in the UK, China, and USA) and to expand its customer base. This will enable Caldeira to continue increasing its reputation as a market leader in a highly competitive global industry.

Tony Caldeira, Founder and Managing Director, Caldeira Limited, said: “We have worked with other lenders in the past but something that stood out about Aldermore was their flexible approach in dealing with us as a customer. They really understand what we need as a customer and know exactly how to deliver on this. Aldermore has a reputation within the industry as a great alternative to the high street lenders.

“I’ve been impressed by what I’ve seen of Aldermore so far, especially in working with their Business Development Team. I’m looking forward to Caldeira’s next stage of growth and to developing our business, not just in the UK, but worldwide.”

Carl Finlayson, Aldermore’s Head of Business Development, Invoice Finance, North West said: “Caldeira is already a very well-established business, and has seen extraordinary growth since it was founded in 1991. Tony Caldeira is extremely passionate about his business, and is the driving force behind it, ensuring that Caldeira continues progressing, and that the company is able to provide the best possible service to its retail customers.

“Our work with Caldeira is a great example of the growing support that Aldermore is providing to businesses in the North West and across the country.”

*Ends*

 

For further enquiries, journalists can contact:

Alison Rolls, Aldermore

Phone: +44 (0)20 81853129

Email: Alison.Rolls@aldermore.co.uk

 

Niamh Baker-Loughlin, Cicero Group

Phone: +44 (0)20 7947 5321

Mobile: +44 (0)7500 869 483

Email: Niamh.Baker-Loughlin@cicero-group.com

 

Aldermore

 Aldermore Group PLC is a specialist lender and savings bank offering straightforward products to Small and Medium-sized Enterprises (SMEs), homebuyers and individuals, who we believe are often under- or  poorly served by the wider market.

Aldermore has no branch network but serves customers and intermediary partners online, by phone and face to face through its network of regional offices located around the UK. Building on its core values of being reliable, expert, dynamic and straightforward,

Aldermore aims to deliver banking as it should be. Established in 2009, Aldermore has grown significantly. At the end of December 2015, lending to customers stood at £6.1 billion and customer deposits totalled £5.7 billion. For more information, please visit www.aldermore.co.uk.

Aldermore Bank PLC is an operating entity of Aldermore Group PLC. In March 2015, Aldermore Group PLC’s shares (ALD.L) listed on the Main Market of the London Stock Exchange.

Aldermore Bank PLC is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is registered under the Financial Services Compensation Scheme. 

Caldeira

Caldeira Ltd is the UK’s leading cushion manufacturer, based in Liverpool, UK, Hangzhou, China and New York City, USA. The company was founded in 1991 by entrepreneur Tony Caldeira on a market stall in Liverpool and now supplies home textiles products to leading retailers on every continent and to customers in over 20 countries worldwide.

Caldeira has won various awards for business growth and appeared in the award winning Channel 4 documentary “Brits Get Rich in China” in 2008, the critically acclaimed BBC documentary “The Town Taking on China” in 2012 and ITV’s Tonight Documentary “Is Britain Back in Business?” in 2014. 

For further information, please visit www.caldeira.com

 

 For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.

  • Business
  • Press Release

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