Member Article

Rotherham manufacturer ZND expects to hit £37 million turnover mark with help from bank funding

Rotherham headquartered manufacturer ZND (UK) Ltd today announced future growth plans with the assistance of funding from Barclays.

The company, which has purchased the 176,000 square feet premises, employs 97 staff locally and they hope to increase the team as they expand.

Turnover is expected to reach £37 million this year and with recent investment in new machinery the capacity for manufacturing products has also significantly increased.

ZND (UK) Ltd, based at The Gateway, Parkgate, Rotherham, manufactures pedestrian barriers, temporary fencing and hoardings and exports worldwide to support major global construction and event projects.

In 2012 ZND’s products were used in the Olympic Games and in 2014 they will help restrain crowds at major events such as the Commonwealth Games and the Tour de France to mention just a few.

James McLean, managing director, ZND (UK) Ltd said: “We’ve banked and worked with Barclays since 1998, just after the business incorporation, and Barclays have supported ZND (UK) Ltd with our growth strategy since then, providing development finance on several occasions over the past years.

“The latest deal we have secured with Barclays will enable us to purchase the leasehold premises we currently operate from which will provide long term security and stability for the business.

“In addition Barclay’s personnel and most recently Matthew Chenery have been extremely professional and have provided sound financial advice and options supporting ZND (UK) Ltd in providing financial backing to support the business growth and development.”

Matthew Chenery, relationship manager at Barclays said: “It’s great to support a company investing for the future and creating jobs locally.

“This is a great example of a well-run local business with a forward thinking and ambitious management team and the future looks bright as it moves into the next phase of growth.”

This was posted in Bdaily's Members' News section by Clare Burnett .