Formed in 2020, Oxton Civil Solutions was launched by founding director Darryl Oxton and has now secured a £50,000 cash injection with the help of MSIF in Liverpool

Liverpool business loan and equity provider MSIF has facilitated a £50,000 cash injection for a North West civil engineering and groundworks company.

Oxton Civil Solutions (OCS), based in Warrington, has secured the cash from NPIF through BFS & MSIF Microfinance, managed by Alliance Fund Managers, in partnership with GC Business Finance as part of the Northern Powerhouse Investment Fund.

Formed in 2020, OCS was launched by founding director Darryl Oxton after his previous place of work ceased trading. Having worked in the civil engineering and groundworks trade for most of his working life, Mr Oxton took this opportunity to launch his own business.   

OCS now provides engineering project services to private contractors, public and private partnerships, in addition to Government-backed initiatives. Through Mr Oxton’s experience as an engineer and his known quality of service, he has been able to bring a following of loyal clients from his previous role to OCS.  

The £50,000 funding boost will allow the business to not only take on further contract opportunities, but to increase their current workforce by bringing in a wider team of experienced engineers.

Mr Oxton said: “Working with MSIF has been a seamless experience, the funding has given us a huge opportunity to grow Oxton Civil Solutions with bigger projects and more staff.

“Due to the negative impacts of coronavirus, Kieran, our newly employed office manager had been struggling to secure stable employment. With the help from MSIF, we were able to offer him a secure position within the company.”

Sue Chambers, investment manager at MSIF, added: “OCS has a great opportunity to scale and grow, despite the current economic climate. Daryl will achieve this by drawing on his existing reputation of quality of work and providing excellent service to his clients. I look forward to seeing what 2021 will bring for OCS.”  

The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.