“It’s always been important to us to work across a range of sectors, so whilst we understandably saw a reduction of work coming in from the travel and hospitality sectors, we focussed our attention on growing markets, such as recyclable packaging and pharmaceuticals.”
Having started out just 10 years ago in a timber shed on a farm, with a £5,000 credit card and a little bit of cash – they now occupy premises of 3,000 square foot on an industrial estate and are looking to expand.
The British Business Bank have designed this guide to provide impartial information to help businesses through survival and onto recovery, helping them stabilise and move forward to growth and future success.
Compass and Newland Engineering initially began speaking, when their bank was unable to help assist them in securing the funds to satisfy a customer order.
Compass Business Finance has been accredited by the British Business Bank to offer the Recovery Loan Scheme (RLS) enabling them to further support businesses as they recover and grow, following the effects of the pandemic.