intelligence PROFESSIONAL EXPERTISE Bank supports firm’s move

A Bristol-based product design firm has tripled its capacity after moving to larger premises with the support of a £1.35m loan from Lloyds Bank Commercial Banking. Crux Product Design Ltd,

established in 2003, provide consultancy services to design, engineer and develop intricate devices used in medical drug delivery, such as injectors and asthma inhalers, as well as consumer products including deodorants, razors and connected smart devices, such as fitness trackers. The firm also design sporting

goods items and were commissioned to develop the helmets worn by the British track cycling team at the London 2012 and 2016 Rio Olympic Games.

Following an increase in demand

for its innovative and technical skills, the firm purchased a property on the Paintworks site in Bristol, where it was previously renting. The new office is over three times larger than its previous premises and, with the added capacity, Crux plans to more than double its headcount within the next five years. James West, director and co-

founder of Crux, said: “As we operate in such a specialist field, we needed a building that could meet our technical demands without compromising on a creative environment. “Without the support from the

The Crux Product Design team at their new premises on the Paintworks site

Record turnover for waste company

A Bristol-based waste management company has recently celebrated reaching a record turnover of £3.5m. Waste Source have achieved the milestone one month ahead of target and it means the company is over 50% up on its previous year’s financial performance. Employees and senior staff

marked the occasion with a champagne breakfast at their offices at the Tobacco Factory in Bristol. Waste Source

‘To hit a

was founded in 2010 with the aim of making waste disposal a simple and environmentally- friendly process for its clients. A combination of new contract wins and its existing clients taking on more services, have contributed to the positive figures. Chris Holland (pictured), the

record turnover earlier than projected is a huge


face, which makes moments like this more rewarding. All of

the team have worked so hard this year, so to hit a record

turnover earlier than

projected is a huge achievement. “At Waste Source we provide

founder and managing director of Waste Source, said: “Anybody who runs a business will know that there are many challenges you

each business with a waste package that is uniquely tailored to them, saving them money whilst also keeping them ahead of the curve in terms of government regulations and requirements.”

If you would like any further information or a quote please either call us on: 01793 264178

or email: JANUARY/FEBRUARY 2018 insight 25

We build luxurious bespoke shepherd huts to our clients requirements.

team at Lloyds Bank, we wouldn’t have been able to move so soon. We now have the headspace to focus on growing our brand.”


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