Engineering Firm In Major Expansion After Funding Deal

A Warwick firm that provides solutions for high performance engineering industries has undergone a major expansion.

R53 Engineering will broaden its services and develop more of its own products after a move to the Heathcote Industrial Estate.

The company, which works with big industry names such as McLaren, the Ministry of Defence and Bentley, was able to move thanks to being awarded a grant of nearly £35,000 from Warwickshire County Council after guidance from the CWLEP Growth Hub and business mentor and account manager, Jaymie Thakordas, as well as from the University of Warwick Science Park.

It allowed the business to move to a larger facility and also for the new premises to be developed with an R&D room, vehicle prototype area and expanded office area as well.

This is just the first step in growth plans for the R53 Engineering, which will also create more jobs in the near future.

Roger Estrada from R35 Engineering, said: “The advice and support offered by Jaymie and the Growth Hub has put us on the right path for where we want to take R53 Engineering.

“She was there every step of the way and we could not have done this without the guidance that they offered.

“The funding and relocation has meant that we can now push forward with our expansion plans which include developing more of our own products.

“At the moment, we are working on our own suspension product for vehicles and now we will also be able to offer further services to clients and partners.

“I would definitely recommend that any business in need of help get in touch with the CWLEP Growth Hub to find out what the team can do for them.”

R53 Engineering has more exciting projects and collaborations with other blue chip companies planned down the line.

Jaymie Thakordas added: “Roger and the R53 team had ambitious plans for the future with their own products and services.

“But do to this, the company needed to expand and so the Growth Hub was able to offer support, advice and help to overcome this issue and move the business forward.

“We were able to guide Roger and the team to access funding from Warwickshire County Council and the application was successful.”

David Ayton-Hill, from Warwickshire County Council, said: "R53 are just the type of small business with strong growth potential that the county council's small capital growth fund was designed to support, and it is great to see how this company is utilising this funding.

“Now R53 Engineering can move things forward to the next phase of its growth and development, and the Growth Hub will continue to help with this.”

Businesses wanting to access support from the Growth Hub should call 0300 060 3747.

For further information about R53 Engineering, its products and services visit www.r53engineering.com.

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Without the Growth Hubs help and assistance, we would never have been able to increase our sales & output and also grow our local business. With this help in purchasing new equipment we have expanded our operations and gained a new and increased customer base.

Nuneaton Roof Truss,

Over the past few years, Armstrongs has built up a fantastic relationship with Gary Thyeson from the Growth Hub. His advice on grants and funding has been really valuable to both Armstrongs and some of our clients. His knowledge of local business support has been helpful in signposting us to relevant support agencies as required. We look forward to working with Laura Delahunty moving forwards.

Armstrongs Accountancy LTD,

In the short time since first engaging with the Warwickshire Growth Hub we feel that Laura has understood our vision and has been so very supportive in linking us to the specialist teams who are now supporting us with training, finance and recruitment. A great service that every growing organisation should connect with

MES Systems Limited,

I have had an excellent experience working with Laura from the Growth Hub, from day one, she was taking detailed attention to my concerns and ideas. She was able to put me in contact with different organisations and people to find out answers to my questions and help me to solve some inquiries I was having. I feel this support definitely had a positive impact in my plans.

PALACIOS LTD,

It’s been a fantastic inaugural eight months for the TalentTech Recruitment team and, although the reality of setting up and running a company can be a somewhat daunting experience, we have been extremely grateful for the superb help, advice and guidance given to us along our journey by Gavin Barnett and the team at CW Growth Hub. Gavin’s introductions to both Warwick & Coventry Universities and his wider business network have been absolutely invaluable.

TalentTech Recruitment LTD,

For many individuals out there, it is very hard to figure out ways and know which direction to go when it comes to setting up a business. The challenges of taking your idea and bringing it to life and not knowing where to go and who to speak to for advice. it can get very frustrating..

King of Saffron LTD,

This grant [which we received with the help of the Growth Hub and Coventry City Council] will really help us get on track for business growth and succeed with our vision. Personally, I would also like to thank the team for supporting me through the grant application process. You have been very approachable and attentive throughout.

Exeter Analytical (UK) Limited,

Thank you for the comprehensive and professional guidance

Burbidge & Son Ltd,

Over the years since the Growth Hub was set up we have habitually gone to our Account Manager as a one-stop shop for all business-related information. It has been a really convenient way of finding suppliers, advisors and, on one occasion, we even asked for assistance with finding customers. We are invited to a wide range of business events including business development workshops, Brexit roundtable discussions, seminars on various topics and have also been asked to speak at some events. When we have needed additional information, for example, finding finance sources or help with selecti

Marchantcain Design Limited,

Thanks to CW Growth hub getting us access to grant funding we have been able to invest in the latest computer monitoring system, which will enable us to compete with the national companies within our industry.

Comrie Leisure Limited,