Is your electrical set-up safe? Don’t take the risk. According to Electrical Safety First, every year around 70 deaths and 350,000 injuries in UK homes are caused by faulty electrics and electrical equipment.
Director, Daniel Haley, set up the business in 2014 with a team of three. The company specialises in testing and inspection services alongside mechanical and electrical installations, working with both commercial and domestic clients.
The team has grown rapidly and currently consists of 12 full-time employees, with more than half having been recruited and trained through apprenticeships.
GW Power has recently relocated to a new premises, and the team required a new server and IT hardware to help accommodate and manage their growing workload.
Daniel was referred to Jamie at Johnson Reed, who facilitated a lease agreement for the purchase. The fixed repayment structure helps to stabilise the business’ cash flow; minimising the upfront outlay and spreading the remainder of the cost through regular, tax-efficient rentals.
“We got in touch with Johnson Reed with regards to the leasing of a new server for our business, as we were moving offices and we needed a server of our own,” explained GW Power’s Luke Howlett, “Leasing is very important for a new growing business like ourselves, as it keeps large upfront costs down and helps the cash flow so we can carry on growing.
We found Johnson Reed to be very helpful and any questions we had were answered promptly and once we had signed the paperwork the application was passed through quickly.”
Provided by Commercial Systems Consultants, the storage solution enabled a seamless tansfer of data to the new site, with the mirrored backup function providing extra data security.
The flexible lease enables GW Power to purchase ownership or upgrade their equipment at the end of the term, an ideal option in the fast-paced technology industry.