Wednesday, September 23, 2020

Record financial year and new offices for Lincoln lighting and heating company

A specialist lighting and heating company from Lincoln has marked its 15th year in business by recording its best ever financial year, with turnover up 50% year on year.

Procure Direct, which supplies LED lighting and far-infrared heating solutions, is currently based in Sudbrooke and is preparing to move into new offices in the next few weeks.

Established in 2005 by directors Spencer Coffin and Helen Callaway, Procure Direct employs a team of seven.

The rise in turnover comes in part thanks to school and shop closures due to the pandemic bringing forward LED lighting projects.

The record-breaking year has enabled Spencer and Helen to purchase their first commercial property on Lincoln’s Allenby Industrial Estate. Work to transform the 3,100 sq ft property started at the end of last month and will see the empty shell transformed into modern offices.

“We started Procure Direct in our living room, sourcing lighting and heating solutions from contacts I had built up in my ten years of working for other people,” says Spencer. “We’ve worked incredibly hard over the years and have also received some fantastic support from people we’ve worked with. Procure Direct now has its own design and manufacturing facilities in China and offers incredibly advanced heating and lighting solutions at very attractive prices.”

Procure Direct will be moving into its new premises at the end of the month. The property was marketed by Banks Long & Co, with Procure Direct receiving a commercial mortgage from HSBC.

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