From left, Ian Smith, Mike Lamont, Andrew Bailey and Stuart Clough, with the new aircraft
High-flying environmental consultancy APEM has taken delivery of its fourth survey aircraft as demand continues to soar for its aerial photography services.
The Stockport-based firm, which last month won a Manchester Evening News Business of the Year accolade, has invested £612,000 to buy a six-seater, twin-engine Vulcanair plane which has a top speed of 300km per hour and a range of almost 3,000km.
APEM, which was spun out of Manchester University in 1987, specialises in aquatic sciences, in particular the study and management of freshwater and marine habitats.
Its staff conduct surveys of river, lakes and coastal habitats for clients including the Environment Agency, water and power companies, conservation agencies and planners and developers.
APEM’s turnover has rocketed by almost 50 per cent in the past 12 months to £6.3m, mainly due to demand for aerial surveys to help position offshore wind farms.
It has also opened offices in Edinburgh, Cardiff and Chester and recently recruited its 100th employee.
Managing director Dr Keith Hendry commented: “We made the decision several years ago to purchase our own aircraft and survey camera equipment and also to employ our own, full-time pilots.
“This enables us to conduct surveys under the optimal environmental conditions and this has been a significant factor behind our growth.
“We’ve made this addition to our aerial fleet to ensure that we can continue providing a fast and flexible response to our clients' needs.”
Lombard, the asset finance arm of The Royal Bank of Scotland, provided a £400,000 loan to enable APEM to acquire the new plane, which is based at Hawarden (Chester) Airport along with the rest of the company’s fleet.
Lombard’s Andrew Bailey said: “APEM has a long track record of making investments to deliver the best possible results for its clients.
“This is the second aircraft Lombard has financed in recent years and we look forward to working with them on future projects”
Lombard funds new plane for high flying environmental consultancy
High flying environmental consultancy APEM Ltd has purchased its fourth survey aircraft in response to soaring demand for its aerial photography services.
The Stockport-based company has invested £612k to purchase a new Vulcanair P68C, a six seater twin engine aircraft that has a top speed of 300km per hour and a maximum range of almost 3,000km.
Founded in 1987, APEM specialises in aquatic sciences, particularly the study and management of freshwater and marine habitats. Its aerial work includes surveys of river, lakes and costal habitats for clients such as the Environment Agency, water & power companies, conservation agencies and planners & developers.
In the last 12 months APEM's turnover has grown by almost 50% to £6.3m mainly due to sustained demand for aerial surveys to help position off-shore wind farms. The company has also opened new offices in Edinburgh, Cardiff and Chester and recently recruited its 100th employee.
Dr Keith Hendry, APEM's Managing Director, said: "We made the decision several years ago to purchase our own aircraft and survey camera equipment and employ our own full time pilots. This enables us to conduct surveys under the optimal environmental conditions and this has been a significant factor behind our growth. We have made this addition to our aerial fleet to ensure that we can continue providing a fast and flexible response to our client's needs."
Lombard, the asset finance arm of The Royal Bank of Scotland, provided a £400k loan to part fund the purchase.
Andrew Bailey, Lombard Relationship Manager, said: "APEM has a long track record of making capex investments to deliver the best possible results for its clients. This is the second aircraft Lombard has financed in recent years and we look forward to working with them on future projects."
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http://menmedia.co.uk
Lombard funds new plane for high flying environmental consultancy
High flying environmental consultancy APEM Ltd has purchased its fourth survey aircraft in response to soaring demand for its aerial photography services.
The Stockport-based company has invested £612k to purchase a new Vulcanair P68C, a six seater twin engine aircraft that has a top speed of 300km per hour and a maximum range of almost 3,000km.
Founded in 1987, APEM specialises in aquatic sciences, particularly the study and management of freshwater and marine habitats. Its aerial work includes surveys of river, lakes and costal habitats for clients such as the Environment Agency, water & power companies, conservation agencies and planners & developers.
In the last 12 months APEM's turnover has grown by almost 50% to £6.3m mainly due to sustained demand for aerial surveys to help position off-shore wind farms. The company has also opened new offices in Edinburgh, Cardiff and Chester and recently recruited its 100th employee.
Dr Keith Hendry, APEM's Managing Director, said: "We made the decision several years ago to purchase our own aircraft and survey camera equipment and employ our own full time pilots. This enables us to conduct surveys under the optimal environmental conditions and this has been a significant factor behind our growth. We have made this addition to our aerial fleet to ensure that we can continue providing a fast and flexible response to our client's needs."
Lombard, the asset finance arm of The Royal Bank of Scotland, provided a £400k loan to part fund the purchase.
Andrew Bailey, Lombard Relationship Manager, said: "APEM has a long track record of making capex investments to deliver the best possible results for its clients. This is the second aircraft Lombard has financed in recent years and we look forward to working with them on future projects."
http://www.4-traders.com
http://menmedia.co.uk
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