Haulage firm reaches for growth with Lloyds ' support

A Warwickshire haulage business has expanded its heavy lift crane fleet with the support of a finance package from Lloyds Bank.

Established in 1959, Allelys Heavy Haulage Ltd is one of the UK 's leading heavy lift, specialist transport, heavy haulage and logistics providers.

The firm provides heavy lift and transport services to clients in the power, civil engineering, rail, electrical, automotive, and shipping industries, and has the capability to transport abnormal loads across the UK and into Europe.

For example, Allelys recently supported with the transport of two generators from Belfast Harbour to Kilroot Power Station, breaking the record for the heaviest loads to be transported on Northern Ireland 's road network.

The business has seen a significant increase in demand for its services in recent years, with a particular rebound in heavy industry projects since the Covid-19 pandemic.

The Studley-based business has used this latest asset finance loan from Lloyds Bank to strengthen its heavy lifting capabilities by purchasing a Gottwald AK 912 pedestal crane.

This new equipment has a lifting capacity of 1,200 tonnes and a main boom, or hydraulic arm length of 113 meters, making it the largest capacity crane in Allelys ' fleet.

Lloyds Bank supported the business with a loan and the conversion of the funds into euros, to enable Allelys to import the crane from Poland and avoid any delays with shipping.

The investment adds further firepower to the business ' service and performance levels and means that Allelys now owns and operates a fleet of cranes ranging from 15 - 1,200 tonnes capacity, to help meet the differing needs of its customers.

A family-run business, Allelys currently employs more than 160 people and is anticipating a boost to its turnover following this additional investment in its fleet.

The firm operates from a site on The Slough in Studley and its UK hubs are strategically located to provide prime access to major road networks.

David Allely, director, Allelys, said: “As a business, we 've been through a period of significant growth and expansion over the past few years.

“In order to maintain this momentum, it 's so important that we continue to invest in and expand our fleet and this latest round of funding from Lloyds Bank reflects this commitment.

“The Lloyds Bank team in the Midlands has been by our side as our banking partner for 60 years and their support and guidance has been invaluable. We look forward to continuing to work with them as we continue to grow. ”

Dalia Ahmed, relationship director, Lloyds Bank, said: “Industries like civil infrastructure and transport have gone from strength-to-strength over the last couple of years, meaning businesses like Allelys, with its impressive customer base, are flourishing.

“This new investment in its heavy lifting fleet brings additional capacity to the firm at a time when they 're continuing to see exceptionally strong demand for their services.

“We look to support other haulage businesses in the region as part of our ongoing commitment to helping Britain prosper. ”