Green light for green growth at Midlands Karting

Midlands-HQ Teamworks Karting is on the road to a greener and more efficient future after investing in a number of new sustainable initiatives to drive growth and save energy costs with our support.

Share

 Share via LinkedIn  Share via Twitter  Share via Facebook  Share via email

Read time: 2 mins      Added: 06/05/2022

Teamworks Karting operates five centres across the UK – in Birmingham, Halesowen, Northampton, Sutton-in-Ashfield, and Letchworth. Using a finance package from Lloyds Bank, it has been able to upgrade its fleet of go-karts across all five sites to new electric-powered karts. They are fitted with the latest battery technology to ensure they are as sustainable as possible while still delivering the power and speed to thrill visitors.

They have also made modifications to their buildings, installing new energy-efficient lighting and more insulation to reduce heat loss, cutting carbon outputs, and reducing energy bills in the process.

They have also proved to be a big hit with thrill-seekers and are hoping to capitalise on their growing popularity, to support this they have overhauled their e-commerce and booking engine to help customers easily navigate the process and provide the best possible service.

The site also offers a number of other exciting activities for visitors of all ages to enjoy, including laser tag and F1 virtual race simulators. They cater for children’s parties and is also a popular destination for corporate away days and team building exercises.

Tony Hanley, Lloyds Bank Relationship Manager said: 

“Teamworks Karting has always been a popular leisure attraction and demand has been higher than ever with more people enjoying activities closer to home. We’re pleased to have played a part in the firm’s journey to become more sustainable by reducing their costs as well as their carbon footprint by 20%.

“We’ll be looking to support even more ambitious firms like Teamworks Karting across the region in the months ahead.” 

 

Teamworks Karting

Simone Schehtman, founding director at Teamworks Karting said: “We’re committed to sustainable growth at Teamworks Karting and have taken a number of steps to reduce our environmental impact while still providing the best possible experience for our visitors. Lloyds Bank’s support has given us the confidence to make these adjustments while continuing to grow our business.

“The support we received from Lloyds Bank during the pandemic was invaluable and meant we were in a position to reopen our doors with confidence. The latest funding will help us capitalise on the growing number of opportunities we’ve seen since reopening, and we look forward to their ongoing support as we build further on our recent growth.”

They also received support from Lloyds Bank during the pandemic through the Government’s Coronavirus Business Interruption Loan Scheme (CBILS) when it was forced to close its doors.

All lending is subject to status.

Sustainable business

Sustainable business

Supporting UK businesses transition to low-carbon, sustainable business models and to pursue clean growth opportunities whilst reducing costs at the same time.

Visit our sustainability hub

Managing business costs and uncertainty

Managing business costs and uncertainty

Support, guidance and financial options to help you build financial resilience and manage the impact of rising costs and economic factors on doing business.

Help managing business costs

You may also be interested in:

Sustainable supply chains

Brexit and Covid-19 put the spotlight on businesses to make their supply chains more resilient, but why not make them greener and more sustainable at the same time?

Improving your supply chain

Clean Growth Financing Initiative

From small improvements in environmental impact, right through to large-scale renewable energy infrastructure our Clean Growth Financing Initiative can help.

Clean Growth Financing

From Now to Net Zero

Our research report outlines a five-step plan for SMEs to get on the journey to Net Zero.

Interactive report

Important legal information

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.