Medical supplies firm buys 32,000 sq ft unit at Hortonwood

SP SERVICES (UK) has acquired a 32,000 square foot unit at Hortonwood Industrial Estate in Telford for £2m.

The deal, supported by Barclays, will create ten additional jobs and accommodate increased stock requirements as the business continues to expand into new markets.

Established in 1989 by Steve Bray a former St John Ambulance volunteer, Telford’s SP Services currently employs 33 staff and has an annual turnover of £7m. The business is one of the leading suppliers in the UK of medical, first aid, ambulance, paramedic and rescue equipment and has become one of the first businesses in Shropshire to benefit from the recently launched National Loan Guarantee Scheme.

Bray said “The business has grown rapidly in recent years and the new premises will provide five times as much space as our existing unit.

“We have benefited from a diversified client base and supply medical equipment to everyone from Manchester United to the MOD. We have also recently won a lucrative contract to supply all the emergency medical equipment for this summer’s Olympics across 89 UK venues.

“I’m delighted to announce the building will be called “Bastion House” in recognition of our close links to the MOD and the camp Bastion Hospital in Afghanistan. The chances are that if a soldier is treated for a trauma injury in Afghanistan, the medic’s kit will almost definitely contain supplies from SP Services which is very rewarding and brings a real sense of purpose to the business.”