IQ-Magazine-Issue-16
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Simon Lindley<br />
Commercial Director Real Estate for Cambridge and Counties Bank<br />
iQ business profiles<br />
In brief - The business history and story of growth<br />
The Bank was formed in 2012 when the two private shareholders,Trinity Hall College,<br />
Cambridge and Cambridgeshire Local Government Pension Scheme, obtained the banking<br />
licence and we opened the doors to lend. Built on a culture of offering to investors a<br />
combination of high quality service with simple property based lending products (and<br />
no cross selling), we have grown in just over 3 years from those early days of nine staff<br />
to nearly 100 with five offices and a lending book of over £450m.<br />
Harry Norman<br />
Managing Director at OAL<br />
In brief - The business’<br />
history and story of growth<br />
I established Olympus Automation Ltd (OAL)<br />
in 1993. The company originally specialised in<br />
automation and has now grown to include turnkey<br />
engineering solutions for food manufacturing.<br />
We have a strong customer base in the UK food industry,<br />
including high profile names such as Allied Bakeries, Heinz<br />
and Premier Foods, and are continuing to gain new customers<br />
from all around the world. At OAL we design and automate food<br />
manufacturing systems right from the initial raw material feeds,<br />
through processing and on to final packaging, including offering 24hr<br />
service and support for clients.<br />
Can you share your strategy for<br />
growth over the next three to five years?<br />
After three years of significant growth and success, we have no plans to<br />
stand still, but it is important that the bank doesn’t lose focus on how<br />
this success has been achieved. We will continue to grow our lending<br />
book by a steady amount each year, whilst opening new offices in<br />
locations where we can best service our clients and where we<br />
are able to recruit the right calibre of staff.<br />
Can you define your target client?<br />
How do you market your business?<br />
Our target clients are experienced property<br />
investors who understand that price isn’t<br />
everything, and therefore we market ourselves<br />
as a specialist property lender with a<br />
service-based offering. We don’t see any<br />
point in being another vanilla style<br />
lender with inexperienced staff who<br />
follow tick box processes.<br />
Over the last five years, we have pursued a strong innovation agenda, bringing<br />
new food processing technologies and winning many awards along the way. OAL<br />
has led two Innovate UK projects, both with values c. £1million, researching their<br />
Steam Infusion technology for advanced heating and mixing and cryogenic cooling.<br />
What company and personal values are at the core of your company?<br />
Success comes from bringing together unique sets of expertise in people to deliver fantastic<br />
projects for our customers. The company has never failed to deliver for a customer, and this is<br />
critically important in building trust and in the adoption of new technologies.<br />
What does 20<strong>16</strong> look like for the OAL group?<br />
Very exciting! The launch of a fully automated flexible manufacturing cell with robotic chefs will happen<br />
in April. The launch will kick off with an event where we will invite press, retailers, manufacturers, academics<br />
and robotic experts to educate them on the possibilities of robotics in food manufacturing.<br />
Article by Gemma Treby<br />
issue <strong>16</strong> | page 13