HSBC UK Commercial Manager Liam Burn (L) and Michael Stirrup (R)
A well-known business and IT consultancy in Durham has moved into new, 13,000 sq ft headquarters after securing a six-figure finance facility from HSBC UK.
Waterstons, which was founded in 1994, provides creative technology-based solutions, including business transformation consultancy and cyber security along with bespoke development, managed services and infrastructure consulting, to a wide range of businesses in sectors such as manufacturing, higher education, AEC, and distribution and transport both across the UK and internationally.
The facility from HSBC UK has enabled Waterstons to upscale its headquarters by 5,000 sq ft and provide the latest communication and collaboration tools to enhance their working experience with both customers and colleagues.
Michael Stirrup, financial director, Waterstons said: “Waterstons’ ‘People First’ philosophy puts people at the heart of our organisation. Through HSBC UK we have been able to secure a new facility that is not only larger to accommodate our growth needs and aspirations but also has drastically improved the look and feel of the office. The new space allows a mix of different working spaces and breakout areas, and uses the latest technology to improve collaboration across our offices and with our customers. Our headquarters now really reflects our culture and how we like to work at Waterstons.”
David Slane, area director for HSBC UK, said: “Waterstons is deeply rooted in the North East business community having consulted in the region for 25 years and we’re pleased to support the company as it continues to improve its employee experience.”
Waterstons employs 160 people across three UK sites, Durham, London and Glasgow, and an office in Australia. 125 of these employees are based in the new Durham headquarters.
The company has been recognised as a Gold Investor in People and was recently shortlisted for the Scottish Top Employer Award for working families.
The finance was allocated from HSBC UK’s national SME Fund, which aims to actively support UK SMEs. A £12 billion fund was announced by HSBC UK, with £350 million committed to supporting SMEs in the North East.
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement