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Commercial Property

Pickup Systems acquires its Burnley HQ as ambitious growth plans ramp up

The firm works with the emergency services as well as major manufacturers including Toyota and Mercedes

Pickup Systems' site in Burnley

Lancashire pickup truck conversion business that works with various emergency services has secured a six-figure funding package from HSBC to buy its rented HQ.

Pickup Systems says the move is part of its ambitious growth plans for this year, and will see it own its current Burnley home.

The firm, established in 2007 received the undisclosed fund from HSBC º£½ÇÊÓÆµ to purchase two 24,000 square foot units which it previously rented.

The purchased premises will continue be used for vehicle conversions to support major utility companies and the emergency services, along with designing and manufacturing bespoke vehicle bodies for its customers across the º£½ÇÊÓÆµ.

John McGauley, founder of Pickup Systems, said: “In September 2014, we moved into our premises which has allowed us to grow the business by over 200 per cent in the last three years. The backing from HSBC º£½ÇÊÓÆµ has ensured that we are now in a position to reduce our fixed costs going forwards and focus our efforts on bringing in new business and more employees.”

The North West company has experienced "significant growth" in recent years.

Mr McGauley said this development will support the business in reducing its fixed costs and strengthen its ambitious expansion strategy for 2021.

Pickup Systems currently employs 34 members of staff and will be looking to expand the team throughout the year to support continued growth.