GROWTH
UKSE welcomes signs of business growth
Encouraged - UKSE ’ s Peter Taylor .
UKSE , the Tata Steel business-support subsidiary , has welcomed a busy start to 2025 with an increasing number of enquiries from companies looking for investment .
“ We are seeing a growing number of strong enquiries and investment applications which is highly encouraging ,” said Peter Taylor , UKSE business development manager . “ There is a definite positivity about economic and investment activity in the region .
“ Recent times have been challenging so the signs are very welcome . It was good to see the number of businesses being recognised for increased turnover and job creation at the recent VelociTees awards event , where UKSE sponsored an award . Many are also benefitting from opportunities to be part of the supply chain for new large developments .”
UKSE recently provided a five-figure unsecured loan for Wavecon , already a leader in the subsea sector . The business was backed with a similar investment soon after it was set up by Wayne Pullen and David Stout in 2021 .
The latest finance is helping Wavecon to purchase vital equipment , increase stock levels and double its manufacturing and assembly team as it continues to grow in new premises .
The company designs and manufactures subsea connectors and cable harnesses for remotely operated vehicles used by offshore operators including oil gas and renewable companies .
Recent growth has been led by the demand for a new metal shell electrical and fibre connector range that now accounts for 50 % of its revenue with sales in Europe , the USA , Mexico and the Middle East as well as the UK .
“ UKSE stepped forward to back us when the business was less than a year old ,” said Wayne Pullen , “ and has provided valuable support ever since .”
With decades of experience in supporting new and growing businesses UKSE offers a range of tailored loan and equity finance packages up to £ 1m . One recent new addition is the Greener Future Fund that rewards environmentally focused projects with discounted rates .
For full details of UKSE ’ s support with finance and serviced workspace see ukse . co . uk , email north @ ukse . co . uk or call 01642 777 777 .
Your ambition . Our investment . Simple really .
We can help your business grow with finance and straightforward , straight-talking support .
Ready to talk ?
Chat with our team on 01642 777 777 or email north @ ukse . co . uk www . ukse . co . uk
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