A South Yorkshire heating products company has reported multimillion-pound growth after securing funding from NPIF – FW Capital Debt Finance, which is managed by FW Capital and is part of the Northern Powerhouse Investment Fund (NPIF).
Doncaster-based Project Heating Solutions offers a range of energy efficient products, including air source pumps and solar panels. Its team has more than 30 years’ experience in the mechanical, electrical and heating industry.
Since the company started trading in 2018, it has grown from a turnover of £1m in its first year to £6.2m in the last financial year. The business is on track to record a £8.6m turnover this year.
Today it employs 29 people, after starting with five staff in 2018.
Managing director Russell Steelyard said: “We are committed to delivering superior products to our customers. Doing the job right is our company ethos and I am delighted with the success we have achieved. I work with a brilliant team who all share and embrace my work vision to make sure our customers are 100 per cent happy.
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