- Relationship with Santander UK established in 2013
- Continued support in the form of significant Business Development Loan
- Funds will facilitate growth through vital business premises expansion
The S&E Group, which includes award-winning manufacturer Michael Smith Switchgear Ltd, has secured a development loan through Santander UK, with whom it has a longstanding partnership spanning over seven years.
The Leicester-based Group, which comprises Michael Smith Switchgear Ltd (MSSL), AVW Fabrications Ltd and Power Quality Systems Ltd, specialises in the manufacture, supply and installation of switchgear and control panels for commercial premises. In 2017, a £1.44m funding deal with Santander UK facilitated the purchase of the business’ current premises, consolidating their existing operations into one new larger site to cater for record demand.
The additional funding has included the provision of a £505,000 development loan to fund an extension to the head office for the rapidly growing company. The funding package was tailored to S&E Group’s changing needs, and the business also utilises several other services and partnerships offered by Santander UK.
Emily Smith, Managing Director of S&E Group, commented: “The Santander UK team has developed a deep understanding of our business. This new support has enabled us to extend our office space, which has already greatly improved the quality of working life for our staff and the service we can provide to our customers – both of which are integral to our business.”
Jill Yates, Business Relationship Director of Santander UK, commented: “We have been working with S&E Group for a number of years and are delighted to provide further support to help the business develop and grow. We look forward to continuing to work together in the years to come.”
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Notes to editors
About S&E Group
Established in 1985 by Michael Smith, S&E Group has grown into a national business under the leadership of Sean Smith and Emily Smith. The company now services over 300 clients nationwide and has won a number of awards including 2018 Manufacturer of the Year and Leicestershire Business of the Year at the East Midlands Chamber Awards, Small Business of the Year at the Leicester Mercury Business Awards 2017, and have won Gold at the RoSPA Health and Safety Awards for the past 4 years. Emily Smith won 2019 Company Leader at the 2019 Business Desk Awards.
For S&E Group enquiries, please contact:
Emily Smith T: 0116 275 4100 E: e.smith@mssl.uk.com
W: www.mssl.uk.com
Santander UK Media Enquiries
Lara Lipsey M: 07713 560 209 E: Lara.Lipsey@santander.co.uk
Helen Needham M: 07566 762 453 E: Helen.Needham@santander.co.uk
Follow @santanderuknews on Twitter
The Santander press office operates from 8.00am to 6.00pm. Outside of these hours please call 0800 5877708.