Manufacturer of hot tubs gets UKEF backing
Posted on 13 Aug 2025. Edited by: John Hunter. Read 140 times.
Derbyshire-based
Superior Wellness, a fast-growing UK manufacturer of hot tubs and swim spas, has secured a £2.3 million facility backed by
Export Finance (UKEF) and NatWest Bank to further accelerate its export growth in overseas markets such as the USA, Canada, Europe, and the Middle East.
With UKEF’s backing, the company has created 15 new jobs at its Chesterfield headquarters, bringing its total UK workforce to 75. Moreover, the company now employs five new staff members at its facility in South Carolina, bringing its global headcount to over 140.
Superior Wellness designs and supplies a wide range of hot tub and wellness brands, including Platinum Spas, AquaSolus, HEKLA saunas and Chill Tubs ice baths. Since receiving UKEF support, Superior Wellness has rapidly expanded its presence in North America, growing its market share in the USA and opening a new warehouse facility in South Carolina. The UKEF-backed General Export Facility (GEF) will enable Superior Wellness to further invest in infrastructure, scale distribution, and support working capital all while maintaining cashflow security.
key milestone
Rob Carlin, managing director at Superior Wellness, added: “This facility is a key milestone in our journey to become the world leader in wellness products. UKEF and NatWest’s backing allows us to invest in our infrastructure and deliver an even better experience for our global partners and customers. We are incredibly proud of the growth we have achieved - and even more excited for what is ahead.”
Manuel Fantin, export finance manager, Humberside, South and East Yorkshire at UKEF, said: “Our General Export Facility is designed to help companies tap into new markets, grow sustainably and create new jobs at home and abroad. Businesses seeking to export overseas for the first time, or expand into international markets, should get in touch with us to see what support options could be available.”
Simon Heighes, NatWest trade finance director, added: “NatWest are delighted to have provided vital additional working capital to Superior Wellness in support of the company’s ongoing expansion activities. This was made possible through myself and Paul Mosley, the relationship director, having a detailed understanding of the supply chain, the associated cashflows and with the capability to align funding needs with the appropriate UKEF solution.”
The Govermnet says that support for businesses like Superior Wellness demonstrates its commitment to accelerating job creation, generating opportunities and stimulating regional growth through export-led growth. According to UKEF’s recently published annual report, the organisation provided a record £14.5 billion in new financing, helping over 667 UK companies to export and grow and supported up to 70,000 jobs.