An Aberdeen-based commercial cleaning business has taken ownership into the family after completing a management buy-out.
Tidy Green Clean is the first Scottish SME to benefit from Barclays’ recently launched £100,000 unsecured lending limit, which has enabled brothers-in-law Andrew Alleway and David Moncur to take full control of the business.
After celebrating a 100% increase in turnover in the last financial year, Tidy Green Clean hopes to expand the business through additional franchise opportunities in the Central Belt.
Long-term goals for the business also include developing an external training academy.
Having worked in facilities management for several years, the duo took over the Scottish branch of Ecocleen in 2017, launching under the new brand Tidy Green Clean, and now provide environmentally friendly products and systems across Scotland.
Headquartered in Aberdeen, the business also operates in Glasgow, Edinburgh, Dundee and Peterhead across hospitality, retail, medical and oil and gas sectors.
Managing director, Andrew Alleway said: “Taking ownership of the business has been our goal for some time and thanks to the funding and support from Barclays, this has now become a reality.
“I’ve been impressed with the personalised service offered.
“It’s an exciting time for Tidy Green Clean as we put plans in place for future development and expansion and we hope to continue our run of success in 2019 and beyond.”
Stuart Brown, head of SME Scotland, Barclays, said: “At Barclays we’re passionate about helping Scotland’s businesses owners at every stage of their journey, and it’s great to see Tidy Green Clean moving into the next chapter, with support from business manager, Rebecca Ainsley.
“Earlier this year, we doubled our unsecured lending limit to £100,000 to help SMEs in Scotland get faster access to finance and help them make the most of all opportunities for growth.
“We believe unsecured lending can transform hard-working companies, allowing them to scale up and serve more people by removing traditional barriers to finance.”