Town and Country Vibro secures funding for growth

Town and Country Vibro will expand into new premises after securing a £700,000 loan from Barclays.

The Chorley company provides a specialist service, designing and installing Vibro stone columns.

The business undertakes groundworks using specialists rigs to improve ground using stone columns. As the probe is vibrating, it is driven into the ground, removed and aggregate is poured in to form a stone column which is compacted as the probe is re-driven into it.

The practice is less common in the UK than in other parts of the world, and Town and Country Vibro is one of a handful of companies carrying out the work.

However, its popularity is on the rise and the business has capitalised on this and was named on the FTSE 1000 list of Europe's Fastest growing companies in 2018.

Andrew Roberts, director, said: “The opportunity to purchase the site in Eccleston could not have come at a better time for us. We have outgrown our existing premises and the new buildings will allow us to store our plant indoors and in the same location."

He also thanked Barclays for their support and said the local council has been integral to its success since launching in 2013.

"Chorley Council has assisted us greatly right from the start and have given us a steer throughout the planning process," he said. "They are very proactive and keen to help new starts in the borough like us.”

Ian Shelmerdine, relationship director for Barclays, said: “The energy and passion of all the staff has enabled them to achieve phenomenal growth in a short space of time. “This is a well-run, growing business and is now ideally positioned to continue on its growth track over the coming years. The close relationship helps us to understand the key drivers for the business which, in turn, has enabled us to support them on this journey.”