Empowering growth with cutting-edge machinery
NDT Equipment Limited, a valued customer of Finance For Industry, has secured finance to upgrade their machinery and manage an increasing workload
Customer background
Founded in early 2022 by Daniel Lenton and Katie Loydall, NDT Equipment Limited specialises in the production of fully traceable ultrasonic calibration blocks, which are used to ensure the accuracy and reliability of ultrasonic flaw detection equipment. Calibration blocks are crucial for detecting flaws in metals, composites, and other engineering materials.
They serve a diverse range of industries, including oil and gas, nuclear, aerospace, automotive, and general sales, both in the UK and overseas markets. Over the past three years, the business has expanded to offer subcontract work alongside their own engineering products.
Providing innovative machinery
When the company was in its infancy, Dan purchased the Doosan and YXZ CNC (Computer Numerical Control) machines used in manufacturing. But following rapid growth, Dan needed a new machine to further elevate their capabilities, leading to the placement of an order (while attending MACH 2024) for a new Matsuura MX-330 PC10 Multi Pallet, 5 Axis, Vertical Machining Centre.
The machine now means NDT can offer bespoke innovative solutions and manufacture anything from prototypes to medium and large batch work.
Solution:
Oliver Shaw, Area Sales Manager at Finance For Industry, has worked closely with Daniel and Katie since they started the business, and created a bespoke Hire Purchase deal that meant NDT could access the new machinery without upfront costs. The finance solution breaks the cost into manageable monthly payments, supporting the company's continued growth.
Result:
This deal marks a significant milestone in NDT's journey, positioning them at the forefront of innovative engineering solutions.
Oliver Shaw, Area Sales Manager, said: “It’s always a pleasure working with Daniel and Katie. Watching the growth of their business from the start, I’m excited to see what’s next for them, and we are cheering from the sidelines!”
Daniel Lenton, co-owner of NDT Equipment Ltd, added: “We’re delighted with this deal. Access to this type of machinery puts us at the forefront of the industry and allows us to provide innovative solutions that go beyond traditional tooling and work holding.”
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