(L-R) HSBC UK's Jonathan Rutter, James Thornhill of WCCTV, Tim Williams of WCCTV and Helen Durrant of HSBC
A surveillance systems manufacturer based in Greater Manchester is eyeing up growth thanks to a £1.1m funding package that will allow it to purchase more equipment.
Wireless CCTV Ltd (WCCTV), which specialises in providing redeployable CCTV, site security and time lapse video services, will use the funding from HSBC to buy additional CCTV mobile towers and body-worn cameras.
This fresh wave of investment will enable the 17-year old business to increase its sales capacity and work with a greater number of UK-based building, motorway and railway construction firms that use the company’s redeployable CCTV towers. Additionally, the business will now be able to grow its body-worn cameras offering which has seen enormous success in the retail sector as well as with emergency services personnel.
Over the next 12 months, HSBC UK funding is expected to support the creation of 10 full-time jobs and apprenticeships in WCCTV provide a 15% boost to the company’s turnover.
James Thornhill, finance director at WCCTV, said: “We needed to reinforce our product offering to continue driving sales and the financial support we have received from HSBC has enabled us to do this. We have noticed a rise in the number of companies and organisations wanting to use our intelligent surveillance devices in a remote capacity so we needed to ensure the business’ stock supplies could meet this demand.”
Jonathan Rutter, corporate relationship director at HSBC UK, added: “The breadth and scope of WCCTV’s business is really quite staggering. From building and infrastructure construction companies to small, independent retailers and nationwide public service departments, WCCTV has a range of products and services that have the potential to reach all corners of a business. I hope HSBC’s support gives WCCTV the impetus to harness this diversity and continue its growth and expansion across the country.”
WCCTV launched in 2001 and has offices in Hemel Hempstead and Dallas, Texas, with a total of 64 UK staff.
Its systems transmit live and recorded images over wireless networks including 3G and 4G, satellite, WiFi and broadband networks. The company provides covert, overt and bespoke systems on a sale or rental basis.
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