New premises create sound base for acoustic firm's growth

A noise and vibration control specialist in Rossendale has purchased new premises, enabling it to bring all its operations under one roof for the first time.

The company was established in 2009 by managing director, Paul Lafone, and provides noise and vibration control products for use in construction, as well as specialist flooring for sports facilities such as gymnasiums. In 2012 the company was awarded a contract to install its products to suppress excess noise caused by rainfall on one of the buildings within the Olympic Park in London ahead of the games.

Paul Lafone said: “When this property came onto the market we knew that it was perfect for us, as its will enable us to store considerably larger volumes of materials as well as providing room to add additional machinery in the future.

In order to finance the purchase of the premises, the company approached Lloyds Bank Commercial Banking, which provided the loan under the government-backed Funding for Lending Scheme (FLS).

June Ainscough, relationship manager for Lloyds Bank Commercial Banking, said: “Purchasing its own premises is a real milestone for Total Vibration Solutions, and will provide a solid foundation for it to build on in the future. “It’s rewarding to be able to support a business’ growth ambitions, and we have increased our net lending to small and medium sized businesses by five per cent year on year.”