Screenprint displays the signs of success
Pictured (left to right): Sandra Margetts, owner of Screenprint Doncaster with Grahame Lunt, investment manager at SYIF and Bob Motram, senior sales manager at Screenprint
One of the UK’s leading point of sale producers is going from strength-to-strength thanks to investments totalling £150,000 from South Yorkshire Investment Fund.
Screenprint Doncaster Ltd designs, prints and manufactures point of sale displays for some of the country’s biggest retail brands including B&Q, Tesco and DFS Furniture.
The company has received three £50,000 investments from SYIF since 2006, assisting initially with the company’s management buy out before providing funding to help the company expand.
Sandra Margetts, owner of Screenprint Doncaster Ltd, said: “The business is and always has been a well run company which supplies point of sale displays to some of the biggest names in retail throughout the UK.”
“But Screenprint was part of a group that went into administration in 2006, and to maintain and build on our successful track record a management buyout was necessary.”
“SYIF really helped us through this time and they have been there for us ever since, assisting the company’s growth both financially and through their business expertise.”
Screenprint has used the investments from SYIF to take on new staff and relocate to bigger premises in Doncaster.
Sandra said: “We are able to offer a full range of design, printing and finishing facilities using modern, efficient machinery including fast large format digital presses ensuring a fast, high quality service for all our clients”.
“SYIF have been extremely helpful and they have had great faith in our company from the beginning – we can’t thank them enough.”
Grahame Lunt, investment manager at SYIF, said: “Screenprint Doncaster Ltd provides an unrivalled service for some of the UK’s biggest retail companies and has maintained a good level of business throughout the recent economic downturn”.
“Screenprint previously operated from two units on Shaw Lane Industrial Estate, our third loan of £50,000 was provided to assist with a move to new premises in Armthorpe, Doncaster, bringing the two departments together under one roof. These new premises are very impressive and provide Screenprint with room to continue to expand”.
“SYIF is pleased to have played a part in Screenprint Doncaster’s success and wish them continued success in the future.”
SYIF can provide seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.
For more information about South Yorkshire Investment Fund, please visit www.syif.com or ring 01709 386377
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About South Yorkshire Investment Fund
South Yorkshire Investment Fund provided seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.
Created as part of the Objective 1 programme, the Fund is a private and public sector business finance provider. The European Regional Development Fund and Yorkshire Forward are investors in the Fund.
South Yorkshire Investment Fund also provided access to Business Angel investments from the Yorkshire Association of Business Angels and Microloans through BiG Business Loan Fund and Donbac Microloan Fund.
Finance Yorkshire has now taken on responsibility for providing gap finance in Yorkshire and the Humber.
For further details please contact Suzanne Tinkler, on 0845 649 0000.
South Yorkshire Investment Fund Ltd is a company limited by guarantee (Registered No 3936065). South Yorkshire Investment Fund comprises three sub funds, the South Yorkshire Investment Capital Fund, the South Yorkshire Investment Development Fund, which are each managed by YFM Venture Finance Limited, and the South Yorkshire Investment Small Business Fund, which is managed by Finance South Yorkshire Ltd. YFM Venture Finance Limited (Tel 0113 294 5000) and Finance South Yorkshire Ltd (Tel 01709 386 377) are each authorised and regulated by the Financial Services Authority. South Yorkshire Investment Fund also provides a number of services, which are not regulated by The Financial Services Authority. These include the pilot Seedcorn Fund, BiG Business Loan Fund, Mentorbank and access to the Donbac Microloan Fund. BiG Business Loan Fund is managed by Donbac Ltd (company registration No. 01925556) and Key Fund Yorkshire Ltd (Tel 0114 242 8900).