The company focuses on metal roofing panels and structural steel products.
Development Loan Secures Sustainable Growth
The development was made possible by a £1.5m Clean Growth Financing Initiative (CGFI) development loan from Lloyds, a product specifically tailored to support sustainable growth projects. In 2014, Hornsey constructed a 24-bay facility in Hornsey Steel, creating an operational space that is 2.5x larger than the previous premise. During this time, Mark Hornsey stepped down as company director and was replaced by his son Mark.
Commitment to Growth and Sustainability
Samuel Hornsey said: "Our new manufacturing site marks a transformative step for the business. This expansion enables us to meet growing customer demand, significantly broaden our product range, and improve efficiency across the board.
"This investment is about much more than growth – it's about sustainability, innovation, and supporting the workforce in our local community. Lloyds' partnership has been invaluable, from securing the development loan to facilitating the import of our new equipment, and we’re excited to see how this investment propels our business forward."
Future Growth and Operational Success
With the new facility and equipment, Hornsey Steel has already increased operational efficiency by 25 percent and expects to increase its turnover to up to £25m this year.