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RBS Helps Allied Acquire New HQ

A company that provides independent insurance and financial service products has acquired new headquarters in Wigan town centre for an undisclosed sum after securing funding from The Royal Bank of Scotland ("RBS").

The Allied Group, which comprises of Allied Financial Services, Allied Insurance Services and Allied McKeon, has moved to new premises on Standishgate after outgrowing its previous town centre location. The company has also invested a further £350k to transform the building into modern office accommodation for its 20 staff.

The move is a key part of Allied’s strategy to raise its profile and grow its current group fee income of £1.7m. Founded in 2001, Allied Insurance provides commercial insurance products to thousands of businesses and individual customers across the UK. Allied Financial was formed in 2005 and provides independent financial advice on products such as pensions and mortgages.

The group recently invested in the formation of Allied McKeon, which is a firm of chartered surveyors specialising in providing capital allowance reports for their clients to obtain identified tax relief. This side of the business has proved a great success with clients utilising the service to obtain large amounts of tax relief from HMRC. Allied expect this side of the business to grow significantly during the next 12 months.

Alisdair Lindley, Managing Director at Allied, said; "Moving to the new premises is an essential part of our future plans to grow the various areas within our business. It allows us to accommodate current staff numbers within the one location, cater for the further expansion of the businesses and increase our visibility and presence in the town centre. We are delighted with the finished result and look forward to welcoming clients to the new base."

David Grimshaw from RBS in Wigan assisted with the required financial support for the acquisition and refurbishment of the premises. He said "Alisdair and his fellow directors have established Allied as a successful business in a relatively short space of time. We are happy to support their future plans by helping them acquire new premises and assist with any further lending requirements to further develop the business."

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