Funding boost will drive further growth at NW private ambulance service
Private Ambulance Services (PAS) North West has received a £25,000 investment from NPIF II-River Capital and GC Business Finance Smaller Loans, managed by River Capital and GC Business Finance as part of the Northern Powerhouse Investment Fund II.
Based in Chorley, Lancashire, PAS offers dedicated collection and delivery services of the deceased to public health organisations, funeral directors, and other public and private organisations and agencies across the UK and the North West.
Founded in April 2024 by co-directors Darren Moore and Ian Brammall, the business has quickly established itself as a reliable partner and has already secured several key contracts, including service provision agreements with major funeral service providers, public sector bodies, and agencies.
The funding will provide PAS with crucial working capital to support its expansion plans.
It has already invested £5,000 in new equipment and will use the additional funding to grow its fleet and enhance its website to provide direct cremation guidance.
The investment will also fund an advanced IT booking system for seamless partner scheduling, improve telephone communications, and support staff development, including the creation of two new full time positions.
Darren Moore, co-director of PAS, said: “This investment from River Capital comes at a critical time for our business. As a start-up in a specialised field, we’ve already made significant progress in securing contracts and building our reputation.
“This funding will allow us to accelerate our growth and improve our services to meet the increasing demand in our sector.”
Co-director, Ian Brammall, said: “This NPIF II investment from River Capital has been a huge boost for PAS. It has allowed us to purchase the latest equipment to enhance our service provision to our partners. With new equipment comes enhanced staff training and this investment will help to ease the burden of these additional costs.”
Jonathan Nelson, investment manager at Liverpool-based River Capital, said: “The company fills a vital niche in the deceased transportation sector, and we’re impressed by the management team’s experience and early traction in the market.
“This investment aligns perfectly with the NPIF II mission to support innovative businesses and create jobs in the region.”
Sue Barnard, senior manager at the British Business Bank, said: “In the six months since Private Ambulance Services was founded, the company has demonstrated how NPIF II funding can be used to scale, supporting businesses that provide essential services to the region and helping them to reach even more customers.”
