Stoke-on-Trent steel door manufacturer secures six-figure funding to launch new business.
A Stoke-on-Trent business specialising in the manufacture of bespoke steel fire and safety doors has secured funding to launch the business following a six-figure equity investment from UKSE.
Securexit Ltd, based on Newstead Industrial Estate in Stoke-on-Trent, manufactures bespoke steel fire and safety external doors for the retail, industrial, education and healthcare sectors across the UK and Ireland.
The start-up, which was supported by a six-figure equity investment and additional loan finance from business investment specialist UKSE, has invested £1.4m in machinery and equipment to set up full production on site.
Founded by David Lycett, who has extensive experience in the steel door manufacturing industry, Securexit took over its 20,000 sq ft unit in September and began production in early November.
The business currently employs eight people and plans to grow to 12 employees by the end of the year, with aspirations to employ 25 people by the end of 2026.
The company also plans to launch an apprenticeship programme in 2026 to provide young people in the Stoke-on-Trent area with opportunities to learn and gain employment.
Securexit managing director David Lycett said: “UKSE’s investment has been instrumental in getting Securexit off the ground. The six-figure equity deal enabled us to cover all our start-up costs, invest in machinery, and secure the
capacity we need to grow.
“The process has been great. I explained our business plan; they liked the idea and what we had to offer. UKSE are very pragmatic and focused on helping to develop enterprise. I’m looking forward to working with UKSE as we grow.”
UKSE West Midlands area manager Steve Grice added: “We are delighted to support David and the Securexit team in launching this exciting new venture in Stoke-on-Trent.
“David’s track record and expertise in the industry, combined with his clear vision for the business, made this an ideal investment opportunity for UKSE. Securexit has ambitious but achievable growth plans, and we’re proud to be
supporting a business that will create significant employment opportunities in the local area.
Providing strategic loan and equity packages of up to £1m to generate growth, create jobs and bolster the economy, UKSE’s team based in Keys Business Village, Cannock, supports SMEs across Birmingham, the Black Country, Coventry,
Staffordshire and Telford.
Celebrating 50 years of building relationships and supporting communities, UKSE makes equity investments, ensuring management stays in control and offering a flexible exit policy. Unsecured loans up to £200,000 are also available, often
without the need for personal guarantees.
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