Footwear manufacturer ‘makes strides’ in global expansion with six-figure funding
An Essex based safety footwear manufacturer is forecasting a 40 per cent increase in turnover this year as it launches 25 new designs and gears up for global expansion.
Tuffking, headquartered in Loughton, has a long history of providing hard-wearing protective boots since it was originally founded as Giffard Newton & Sons in 1854. It’s now growing its global presence following increased demand for its products across the world, and aims to hit £50m in turnover by 2030.
Currently operating in 15 countries, the firm is using an £850k funding package from Lloyds Bank, including trade finance, to service emerging markets. As part of this investment, Tuffking will be creating six new jobs, increasing its current workforce by 50 per cent.
The company has a rich history, supplying the armed forces during both World Wars, and repurposing its factory in Chesham to repair and redistribute footwear to the allied forces. This helped Tuffking become renowned for providing British-made quality products designed to last.
While still supplying the armed forces in 2024, Tuffking has also cemented its reputation as the go-to brand for the UK’s emergency services, nearly tripling its client base since 2021. Now, after significant investment and innovation, and acting on client feedback, the business has unlocked new opportunities to modernise, diversify and grow.
Tuffking leveraged its 170 years of technical knowledge to update the designs of its entire catalogue. This led to the creation of an ‘industry-leading’ boot, produced from 100 per cent recycled vegan material, and post-consumer waste. These boots are far lighter and more sustainable than previous models, making them essential for the modern workforce.
Tuffking now has a range of over 100 different products, and while they have been redesigned to be lighter, more comfortable and more sustainable, they still retain the quality and safety Tuffking is known for.
Ryan Dhindsa, Managing Director at Tuffking, commented: “Our business has a long history within the UK and we’ve built a reputation for providing a high-quality product that our customers trust. But the last thing we wanted to do was become complacent, and we can see that many businesses are rapidly evolving. So, we wanted to adapt quickly with them.
“Our investment in innovation, supported by Stuart and the team at Lloyds Bank, gives us a platform for growth and ensures an edge over our competitors.
“We have technical knowledge and experience in spades, and for me, it’s all about using that to our advantage. With the number of new sectors needing specialist designs to meet their needs, the opportunities, and potential to grow, are endless.”
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