Skip navigation

Gloucestershire Business News

Glevum ramps up operations post-lockdown

Gloucestershire-based window, door and conservatory company Glevum is gearing up to meet pent-up demand for its services, following the return to work on construction sites and homes.

The business has seen a rise in demand from both trade and domestic customers which have been unable to complete projects over the last two months due to lockdown, as reported by Insider Media.

Glevum's income ground to a halt when work was paused on housing developments and home improvements. With the return to work, it has had to meet the cost of increasing capacity after two months of reduced revenues.

To help it make the adjustment, the company has secured a £700,000 loan from Lloyds Bank, as part of the Coronavirus Business Interruption Loan Scheme. This will give Glevum the working capital needed to increase capacity and meet demand.

New-build projects account for 70 per cent of the firm's income and it was in its strongest ever position before lockdown. Now the company is confident that it can get back on track.

Related Articles

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Friday, August 7 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Friday, August 7

The latest important news and updates from across Gloucestershire as the coronavirus crisis continues.

Jigsaw could be next missing piece on Cheltenham Promenade Image

Jigsaw could be next missing piece on Cheltenham Promenade

Cheltenham's beleaguered Promenade could be facing another blow with fashion retailer Jigsaw close to launching a CVA.

City traders frustrated by surprise street market  Image

City traders frustrated by surprise street market

Food from around the world has taken over the Gate Streets in Gloucester - much to the surprise of some of its usual inhabitants who say they are losing out to the visiting competition.

On-street parking charge increase planned for September Image

On-street parking charge increase planned for September

The council has now revealed that the three per cent increase will take place from next month.

Copyright 2020 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.