C.UK provides a nationwide security service for a wide range of blue chip clients with an operational focus throughout London, the Midlands, the North West and Glasgow. The firm typically provides manned guarding, access control, loss prevention, mobile response security, remote monitoring, key holding, and watchman monitoring services and has recently been rated by the Security Industry Authority Approved Contractor Scheme as being amongst the top 2% of security firms in the UK for operational excellence.
A management buyout was completed in 2008 by current CEO Rog Hatlem, who has been involved in the business for more than ten years, initially in an advisory capacity and more recently as a director. Rog explains the challenges facing security firms in today's recession-hit market:
"It's a tough market for all security firms and C.UK is no exception. We have focussed all our efforts on providing a high quality, personal and reliable service and that strategy has paid dividends, meaning we are able to work with leading companies in the rail, retail, shopping centre, healthcare, public sector, charity, distribution, construction and corporate property markets.
"However key to our future success is having robust finances in place that can be relied on to underpin the company's growth ambitions. I had become concerned that our relationship with a well-known high street bank was not as dependable as it should be and was in danger of holding-back the business. I therefore decided to look for an alternative banking partner.
"Mark Critchlow, owner of ClearView Corporate Advisory Ltd informed me that he had heard good reports about the new British bank, Aldermore, which was very focussed on supporting British businesses. I therefore arranged a meeting and was amazed by what I discovered. From the very first meeting, the team from Aldermore was positive, supportive and looking for ways to overcome any issues. It was a stark contrast to the less than supportive service we had been receiving from our previous bank.
"Aldermore wanted to resolve issues rather than create them and was flexible and supportive throughout the whole application process. They were able to audit our business and construct a financial deal within a matter of days. I couldn't praise them more highly."
Having increased its turnover by £2.5 million over the past 12 months to nearly £7m, C.UK is clearly making all the right moves in a tough business environment and Aldermore didn't hesitate in providing the firm with a funding line to help strengthen its cashflow position.
Ben Day, Regional Sales Manager at Aldermore, added: "C.UK Security Services is a great example of a British firm that has been able to adapt to working in a more difficult economic environment and find ways to grow and prosper. We're delighted to have been able to play our part in helping to support C.UKs growth ambitions. I would like to wish them every success for the future."
Rog Hatlem concluded: "We've been working with Aldermore for a few months now and the experience has been extremely refreshing. The Aldermore team are professional and work with us as partners; they're part of our team. They can think on their feet and have a positive outlook. Our relationship is working well and it's great to know that we have such an enthusiastic and supportive banking partner on-board."
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