Stoke-on-Trent start-up
Securexit Ltd, a specialist manufacturer of bespoke steel fire and safety doors, launched last month following a six-figure equity investment from
UKSE. The company, based on Newstead Industrial Estate, is now busy producing custom steel fire and safety external doors for customers in the retail, industrial, education, and healthcare sectors throughout the UK and Ireland.
Founded by David Lycett, the new company has so far invested £1.4 million in machinery and equipment at its 20,000ft
2 facility, and currently employs eight people, with plans in place to grow the headcount to 12 by the end of 2025 and to 25 by the end of 2026. Securexit also intends to introduce an apprenticeship programme in 2026 to create opportunities for young people in the local area.
Mr Lycett said: “UKSE’s investment has been instrumental in getting Securexit off the ground. The six-figure equity deal enabled us to cover all our start-up costs, invest in machinery, and secure the capacity we require to grow. The process has been great — I explained our business plan and UKSE liked the idea and what we had to offer. UKSE is very pragmatic and focused on helping to develop enterprise. I am looking forward to working with UKSE as we grow.”
Steve Grice, UKSE West Midlands area manager, said: “We are delighted to support David and the Securexit team in launching this exciting new venture in Stoke-on-Trent. David's track record and expertise in the industry, combined with his clear vision for the business, made this an ideal investment opportunity for UKSE. Securexit has ambitious but achievable growth plans, and we are proud to be supporting a business that will create significant employment opportunities in the local area.”
UKSE, which celebrates 50 years of supporting enterprise, provides strategic loan and equity packages of up to £1 million to generate growth, create jobs and strengthen local economies. Its team in Cannock works with SMEs in Birmingham, the Black Country, Coventry, Staffordshire and Telford, offering flexible equity investments and unsecured loans of up to £200,000, often without personal guarantees.