Award success for Leeds manufacturer on course for £3.5m turnover
02 Jul 2018
Herida Healthcare, the Leeds-based manufacturer of mattresses and cushions for the healthcare sector, has been awarded the ‘Innovative Product of the Year’ accolade at the National Association of Equipment Providers Awards 2018.
The company attributes its ongoing success and recognition to the support that it has received from a number of programmes that are delivered throughout the Leeds City Region.
On course to achieve a turnover of £3.5 million in their third year of trading, the business has benefitted from funding and practical support and guidance from AD:VENTURE, the ERDF funded Digital Enterprise Programme, the Manufacturing Growth Programme and the Business Growth Programme.
AD:VENTURE provided a match-funded grant of £11,000 to invest in manufacturing resource planning equipment, including bar coding and scanning items, along with practical support; the Digital Enterprise Programme awarded a £5,000 grant, the Manufacturing Growth Programme supported consultancy costs as the business worked towards securing ISO 14001 and ISO 9001 (2015).
As a result, as well as becoming a national award-winning business, it has expanded quickly which has led to the appointment of a quality control supervisor, and a dedicated customer service & telesales team, whilst future plans are now in place to recruit for a further seven jobs in sales and business development over the next twelve months.
Managing Director, Neil Smith, said: “Our Export market has been instrumental to our strategic focus and this now represents around a third of our turnover. I’m really looking forward to 2018 and beyond. It’s such a privilege to lead an exceptional team.”
Operations Director for Herida, John Kay, added: “The board, supported financially by our Principal Investor and also programmes linked to Leeds Council and European funding, such as the Leeds City Region LEP, AD:VENTURE, Digital Enterprise and the Manufacturing Growth Programme have all been instrumental in taking the business forward so quickly.
“These parties have approved capital investment in 2017/ 2018 of around £300,000, primarily towards the purchase of leading edge manufacturing machinery and IT infrastructure.”
Chair of the Leeds City Region Enterprise Partnership, Roger Marsh OBE, said: “Herida is a great example of how programmes across the region are benefitting businesses through a combined approach that delivers practical support as well as grant provision.
“Not only does this showcase how each initiative can complement the other but also how they can support young and innovative companies to overcome hurdles to growth.”