News

Back to News local growth hub

5th May 2017

Christmas decoration company Arredatore expands with Northern Powerhouse Investment Fund investment from MSIF

Tags

Liverpool City RegionMSIFNorthern Powerhouse Investment Fund

NPIF – BFS & MSIF Microfinance has invested in Arredatore, a Christmas lighting and decoration company, based in Aintree, predominately serving commercial customers.

Arredatore trade as The Christmas Decorators, and are a franchise operation of nationwide company ‘The Christmas Decorators’. The franchise covers the Liverpool City Region and parts of Preston and Wigan.

Arredatore began trading in 2011, and have continued to grow steadily. In 2016 they doubled their turnover to £680k, from £335k in 2015. The company’s shares are owned by Managing Director Paul Lally and Financial Director Alan Adams.

MSIF have loaned Arredatore a five-figure sum from NPIF – BFS & MSIF Microfinance which has a focus in the North West.  The money will be used towards the costs of relocating to their new premises in Aintree, which will incorporate a showroom to showcase their products and services. It will also help with the employment costs of 3 additional members of staff to service the increase in demand.

Arredatore offers clients a complete and bespoke project management service which incorporates the design, installation, maintenance, removal and storage of decorations and lighting.

The majority of their work is with commercial businesses which include corporate entities, local authorities, hotels, restaurant and bars, including Liverpool and Everton football clubs and Liverpool John Lennon Airport. They also decorate private homes for high net worth individuals and cater for weddings and parties.

Sue Chambers, investment manager at MSIF who managed the investment, said: “It was great to work with Paul and Alan. Arredatore have an excellent reputation in the region and their portfolio to date is impressive. Their growth over the past few years reflects the increasing demand for their services; and the fact that they have been able to grow at this pace is a testament to the quality of their work.

The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

Editors Notes

Find Out More

If you would like to meet with one of our appointed Fund Managers to talk in more detail please go to Funds Available to find the Fund Managers operating in your area

microfinance

Microfinance

£25k – £100k

Learn More
debt finance

Debt Finance

£100k – £750k

Learn More
equity finance

Equity Finance

£50k – £2m

Learn More

Follow npifbbb

For the latest news and views join our mailing list

Join our mailing list

Just add your details below to receive the latest Northern Powerhouse Investment Fund news and information