Stone UK to create jobs with six-figure funding

Preston-based Stone UK is to create four jobs and expand its product range after securing a £100,000 investment.

Stone UK is a specialist supplier of natural, high quality English stone sourced from quarries in Yorkshire and Lancashire. The firm also has extensive experience of stone reclamation, providing products for building projects, Yorkstone paving and setts.

The follow-on investment has been provided by NPIF – FW Capital Debt Finance, which is managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF). The organisation provided a £250,000 loan in 2017. 

David Evans, Stone UK director, said: "The funding from NPIF - FW Capital will allow us to create four new jobs and continue to grow our business. We have found NPIF - FW Capital to be an extremely helpful funding partner, with a straightforward and efficient process in place to help us get the investment we need. We are really grateful for the support we received.”

The deal was facilitated by FW Capital portfolio executive Alistair Igo. He said: "Stone UK is a long-established business with an impressive turnover and client list and an unparalleled reputation for quality.

"Since our first investment in the business in 2017, Stone UK has continued to go from strength to strength. We are delighted to have been able to offer this follow-on funding to continue to support Stone UK’s growth ambitions and create new jobs.”