NATWEST Loans £1.8M To XBM To Purchase New Head Office
NATWEST loans £1.8M to XBM to purchase New Head Office & Warehouse building to double the size of their current Leeds HQ, creating over 45 new jobs.
The company addresses the challenge of Climate Change through more sustainable technology and has partnered with Epson to provide Heat-Free print technology and Ecologi to offset their own carbon footprint.
Thanks to NatWest, the managed print & technology reseller company aims to turnover £30 million per year after the expansion of their Leeds HQ & warehouse site.
XBM Limited, a locally owned printer, photocopier, AV, digital solutions, and technology reseller has purchased a 16,000 square foot building in Morley, Leeds, where they plan to move their Head Office thanks to a £1.8 million loan from NatWest. The business has now acquired four buildings over the past decade thanks to financial aid and support from NatWest.
A focus on sustainability led to partnerships with Epson, who provide Heat-Free print Technology, and Ecologi who empower businesses to accelerate global climate action and have already funded the planting of over 70 million trees. XBM now plants 165 trees for every Epson print solution they install, offsetting their own carbon footprint for delivering and installing Epson’s products.
Impressed with the company’s vision, NatWest has supported the purchase of sites across the UK. These include XBM’s current headquarters in Leeds in 2013, Newcastle in 2015, two Birmingham sites in 2018 and 2019, and Glasgow in 2023, with them now planning to double the size of their HQ in Leeds from 8,000 square feet to 16,000 square feet thanks to the £1.8 million loan from NatWest.
Richard Taylor, Managing Director and a shareholder in XBM Limited stated: “We have always wanted to run the business with a focus on being sustainable and with NatWest’s help this is now turning our dream into a reality.”
Justin English, Chairman and a shareholder in XBM Limited, expressed his joy about the journey, and stated: “The purchase of XBM’s new Leeds HQ and our continued growth will create an additional forty-five jobs and we are determined for our vision for the business to become a reality with the help of NatWest. We currently employ sixty-five staff employed across the four main sites and hope to almost double this figure in the next two years.”
XBM Limited are a technology reseller that supply photocopiers, printers, software, AV, and digital solutions to companies across the UK. XBM Limited currently have a turnover of over £7 million, which they plan to increase to over £30 million with NatWest’s ongoing help on their latest expansion and future plans.
In response to the global challenge of climate change, XBM have partnered with Epson, who aid them in reducing print related energy consumption by up to 83% for all businesses that use their Heat-Free print technology, meaning those business can save on their energy, bills, waste, and significantly reduce their carbon footprint. Epson recognised the level of expertise and high levels of customer service provided by XBM by awarding them Platinum Partner status, making them one of only two Epson Solutions+ Platinum Partners in the UK.
Paul McCarron, Relationship Director at NatWest, praised the XBM Limited owner, saying: “Here at NatWest, we’re all about thinking into the future and a big part of that is sustainability, so to see Justin’s passion around sustainability, it was a no brainer, we had to get involved! Justin has been phenomenal to work with. His drive and passion are second to none and the results XBM Limited have produced the last couple of years are truly astonishing. We couldn’t be prouder!”
To learn more about XBM Limited, visit: https://www.xbmltd.com/
For more information on how NatWest is supporting entrepreneurs to achieve their business goals, visit: https://www.natwest.com/
Contact For more information, please reach out to Karl Thiago on 07457 404082 or NWNorthMidlands@stripecommunications.com or James Epton at XBM on 0113 253 3342.
About NatWest
NatWest serves customers in England and Wales, supporting them with their personal, private, and business banking needs. NatWest helps customers at all stages in their lives, from opening student accounts, to buying their first home, setting up a business, and saving for retirement.