A company which supplies equipment used to demolish everything from retired jumbo jets to football stadiums is eyeing record revenues as it expands its product range and targets new sectors.
ECY Haulmark is reaping the benefits of a £1m refinancing deal as its owners look to increase annual turnover from £10m to a record £12m over the next two years.
The Warrington-based business has used the additional facilities created by the deal with Praetura Commercial Finance last year to invest in more equipment and two new delivery trucks to enable it to grow its customer base.
ECY Haulmark supplies the UK and Irish demolition, quarrying, plant hire and recycling industries with attachments including crusher buckets, hydraulic rock breakers, scrap shears, grabs, concrete pulverisers and magnets.
It has the UK distribution rights for several leading manufacturers, including OilQuick, which is a Swedish-made automatic quick coupler system, FRD Furukawa, LaBounty and VTN.
The attachments it sells and rents out are mainly used to demolish concrete buildings and structures, but have also been used in projects to dismantle end-of-line jumbo jets, oil refineries, power stations and factories.
Recently it has supplied attachments used to demolish Tottenham Hotspur FC’s White Hart Lane stadium, as well as disused offshore pipelines and installations.
Accountancy firm HURST is advising ECY Haulmark on its expansion strategy.