Equipment Finance case study

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Proprieter, Kim Somal, had a vision to open a contemporary new chip shop and takeaway in the Pennywell area. In early 2016, she secured a premises on the busy residential Hylton Road, and with local knowledge and a business-oriented family behind her, Nemo’s was born. Kim approached Johnson Reed, as the UK’s most-trusted chip shop finance company, to explore the finance options for the equipment purchases and shop renovation.

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Directors, Darren and Lorraine Malt, have made a series of upgrades to the facility, including the introduction of laser tag earlier in the year, and most recently, the purchase of new soft play equipment. As well as upgrading the more dated features, the new equipment has helped expand the existing soft play structures, providing a larger and more exciting laser quest venue for birthday and corporate parties. Now older children and parents can get involved too!

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Global specialist finance company, Falcon Group, provide both mid-cap companies and large corporations with tailored and flexible finance options to enhance growth. As a progressive company with employee wellbeing at the core of their successful operation, providing a top of the range fitness facility for staff was high on the agenda. Their London team recently relocated to a new office space on Lombard Street, and worked alongside fitness industry consultant, Elaine Coulthard, Johnson Reed and Fitness Systems to build their desired gym facility.

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Leicestershire-based patisserie producer, all about desserts, has a simple mission statement: to provide the best product at the right price, on time. Run by husband-and-wife, Craig and Clare Barton, the business specialises in patisserie; desserts, tarts, bakes, cakes and afternoon tea pastries. Earlier this year, the operation moved into a premises with the intention of increasing manufacturing capability. The facility has been kitted out with a cold room, allowing Craig to branch out further into chilled and frozen desserts to attract new clients and opportunities.

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JLES Group has enjoyed consistent growth, with five regional offices and numerous awards to show for their thriving trade. The team at the Manchester head office recently acquired new hardware through an IT equipment lease agreement to cater for growing demand and their expanding workforce. Their regular IT support company, Apex Computing, supplied new PCs, laptops, monitors and network attacked storage (NAS) in conjunction with Johnson Reed, who facilitated the bespoke lease on a stage payment basis.

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Trafford Park’s Total Ninja is the UK’s first and the world’s largest ninja park at 40,000 square feet. The venue opened in May, and if the first couple of months have been anything to go by, this is just the start for the fantastic new facility and Innovation Leisure’s latest business venture. As most recently illustrated by the conception of Total Ninja, the UK soft play and leisure landscapes are constantly evolving, with ideas and business ventures approaching more adventurous territory and catering to new audiences. Just like the swift uptake when trampoline parks sprang onto the scene, the rise of the ninja park could be imminent! 

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Established in 2004, the Nationwide Caterers Association is the only designated association for for mobile caterers and street food traders in the UK. We chat to NCASS Copywriter, Charlotte Vile, about the multitude of member benefits, flexible finance options and how you can get involved.

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When making a new purchase for your commercial kitchen, it can be incredibly easy to focus on the cost of the equipment and let the running expenses take a backseat. Electricity, gas and water can all be expensive extras, so it’s important to remember to take these into consideration and budget for them accordingly. It’s estimated that, on average, restaurants use around 2.5 times more energy per square foot than other commercial buildings. You wouldn’t want to part with cash for your new equipment to find out you can’t afford to run it!

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‘More than just accountants’, Stockport-based Hallidays pride themselves on their comprehensive service and exceptional levels of support for their clients. As our accountants, Hallidays have a well-established and ongoing relationship with Johnson Reed. They have used leasing on several occasions as a tax-efficient method to acquire new kit, and have recently purchased new hardware and telecoms equipment through a sale and leaseback facility.

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Established in 2008, Make Ur Move launched as an online letting agent, managing thousands of residential properties for landlords all over the UK. The award-winning business has been inundated with fantastic reviews from landlords, and tenants alike, working with all parties to ensure a seamless process. The efficient team of ten were previously operating from a serviced office space in central Manchester, and have recently relocated to a permanent leased premises in a similarly central location.