A1 Growth for A1 Group

We were lucky enough to be featured in the local paper this week, it’s great to see them supporting local business. Read the full article below.


 

The expanding family business A1 Group based in Wokingham has invested more than £2.75 million in a new trading site and 11 new vehicles to boost its fleet by 25 per cent. Increasing success across its divisions of specialist event loo hire, second-hand car spares, liquid waste disposal and scrap metal recycling have supported the continued growth of the A1 Group.

Visitors to the Reading and Leeds Festivals, Glastonbury Festival and the London Marathon this year will be using toilets sent from Spencers Wood.

The group specialises in loo hire for events, second-hand car spares, liquid waste disposal and scrap metal recycling.

Director Clive Owen said: “The group has seen growth across all divisions and our site in Wokingham was overcrowded.

“There were also restrictions on operating hours which were holding us back. We have been looking for a new dedicated site for quite a few years.

“We have continued to expand throughout the recession and this new site is the latest stage of our growth plan.”

The company’s loo hire and waste business will now be based on the new site in Lambs Lane, while its scrap metal and recycling arm will remain at its original home in Highland Avenue, Wokingham.

A1 employs around 100 staff and has a turnover of more than £12 million.

It was founded in 1959 by the father of current owner Russell Pike, who runs the business alongside his wife Sally.

Clients include British Airways and engineering enterprise Laing O’Rourke and has supplied loos to prestigious events like the 2012 London Olympics.

This winter’s £2 million land purchase was funded with the help of a business loan from Lloyds Bank Commercial Banking, while the £750,000 investment in new vehicles was supported by a hire purchase facility from Lloyds Bank Commercial Finance.

Steve Mountain, of Lloyds Bank Commercial Finance, said: “Hire purchase has become increasingly popular as firms emerge from the recession, and look to make investments in key assets.

“It is great to see the continued growth of A1 Group and to be able to support its ongoing expansion.”

 

Source: http://www.getreading.co.uk/news/wokingham-portable-toilet-busines-expands-6767816#.Uy6gMLI_m3Y.email