Bespoke Stairlifts ‘uplifted’ by seven-figure funding package

Huddersfield-based Bespoke Stairlifts Ltd, a manufacturer of custom stairlifts, is accelerating its international expansion strategy with the support of a seven-figure funding package from HSBC UK. The stairlift manufacturer is planning to increase its workforce by 25% over the next 12 months and will use the funding, which includes working capital via invoice and trade finance, to boost its manufacturing capabilities.

With an investment in new machinery and technology, the company aims to increase production capacity and meet the rising demand for its products, which are currently exported to over 70 countries, including North America, the French Caribbean, India and Europe. This expansion aligns with the company’s forecasted turnover increase of 30% to £17 million in 2025.

Managing director Joanne Kennedy said: “The support from HSBC UK allows us to enhance our production capabilities and explore new markets, in which we can introduce our industry-leading stairlift solutions. We are excited about the opportunities this international growth will create for our company and our dedicated team.”

Andrew Bennett, area director at HSBC UK, said: “We are dedicated to helping businesses achieve their growth potential and strengthen local economies. Bespoke Stairlifts is a prime example of Yorkshire’s manufacturing expertise, and its global ambitions are a testament to the highly skilled and driven workforce behind the business. We are proud to support Bespoke Stairlifts on its journey, helping it seize new opportunities in the UK and worldwide.”

The deal was completed by Ash Khan, HSBC UK senior relationship manager, and Simon Kitchingman, HSBC UK business development manager. Bespoke Stairlifts operates out of three locations in West Yorkshire. The company’s full-scale manufacturing facility in Huddersfield, offering assembly and paint services, is supported by additional sites in Bradford and Bingley. With production capacity tripling from 12,000ft² to 36,000ft², Bespoke Stairlifts now employs more than 130 people across the business.