Founded in 1992, Premier Limpet the UK’s largest manufacturer of printed adhesive tape. Premier Limpet operates manufacturing plants in Cambridgeshire and Hertfordshire and delivers over 48 million square metres of tape per year to the trade. Our work was to support part of a funding facility Shawbrook Bank were structuring to back the acquisition of Premier Limpet by the Amcomri Group. The Amcomri Group is a fast-growing, acquisitive group of quality British engineering and manufacturing businesses.
The scope of our work included a pre-lend due diligence review of the accounts receivable to support the invoice discounting facility.
Shawbrook Bank utilised our report and advice to provide a flexible funding solution that not only supported the acquisition, but also provided the working capital needed to grow the business.