Background

European valuations was engaged by Anglian Windows Limited one of the UK’s most popular manufacturers and approved installers of double-glazing windows, doors and conservatories to conduct a multi-asset, review, appraisal and valuation of their accounts receivable, inventory and plant & equipment assets for potential asset-based lending purposes. 

Trading since 1966 Anglian employs 1,500 full-time staff and provides a nationwide service from its Norwich head office.

Anglian’s private equity owners Alchemy Partners were seeking to refinance the company’s current financing facilities and engaged FRP Debt Advisory to assist them with that process. 

Our advice and reports were utilised by the company, its advisers and potential lenders as part of their credit review process to structure a working capital facility.

Arbuthnot Commercial Asset Based Lending were successful in providing a £10.7M asset-based lending facility which replaced Anglian’s previous overdraft with additional liquidity to support the planned growth of the business.