A family-run electrical contractor with bases in Bradford, Leeds and Manchester, is set for a period of growth following increased financial support from Yorkshire Bank.
New working capital facilities for JLEC Electrical, established by chief executive John Liput in 1978, will allow the business to target larger contracts, deliver new services and take on new staff in the next 12 months.
JLEC Electrical provides a range of electrical contract services across the UK by electricians based in West Yorkshire. It predominantly delivers commercial contracts with services such as lighting and CCTV systems, generators, fire alarms and portable appliance testing.
Yorkshire Bank has provided financial support to JLEC Electrical since the business was established more than 35 years ago.
Chief executive John Liput is joined in the business by son and managing director Glenn, and daughter and financial director Claire Ham.
The company employs 23 full-time staff and is aiming to create up to 15 new jobs this year as it bids for larger contracts. All its electricians are accredited by Safecontractor and CHAS (Contractor Health and Safety Scheme) and the business runs a number of successful apprenticeship programmes.
Claire Ham said the business’ strong foundations and dedication to training allow it to provide high levels of customer service, and a base from which to grow.
Claire said: “Over the course of our 35-year history we have built up a strong reputation for the quality and range of services we provide across the UK. This is a competitive market and as a family-run business we have the flexibility to pursue growth opportunities quickly which allow us to differentiate ourselves from our competitors.
“We have been customers of Yorkshire Bank since we were established more than 30 years ago. This new financial backing will provide us with the support to deliver larger, long-term contracts right across the UK.”
The new financial support was arranged by Alan Richardson, relationship manager at Yorkshire Bank’s Business and Private Banking Centre in Bradford.
Alan said: “Under John’s stewardship, JLEC Electrical is the perfect example of a strong, family-run business with ambitious growth plans, looking to develop new products with exceptional customer service.
“JLEC Electrical is one of our longest-serving customers and it has been a privilege to support the business’ growth.
"As we continue to see signs of economic growth in West Yorkshire, we are committed to working with strong, growing businesses such as JLEC Electrical."
Yorkshire Bank has strengthened its support for UK SMEs by becoming the first to partner with the British Business Bank on its ENABLE Guarantees programme. Up to £125m of new lending by Yorkshire Banks,, will help more small businesses achieve their growth ambitions.