Amaco develops and installs biometric systems, secure turnstiles, monitored CCTV camera systems and permanent intruder alarms for new buildings and construction sites. Tony McDonough reports.

A Liverpool biometrics security specialist has created new jobs and won contracts worth more than £500,000 after securing backing from Merseyside Special Investment Fund (MSIF).

Amaco develops and installs biometric systems, secure turnstiles, monitored CCTV camera systems and permanent intruder alarms predominantly for use in new buildings and on construction sites.

It uses hand and fingerprint recognition technology to control access areas in and around their customer sites.

his can be used to monitor time and attendance records for a host of different purposes such as sub-contractor timesheets, wages, health and safety, productivity implications, commercial disputes and program analysis performance to improve efficiency on site.

Amaco was set up in 2014 by

who spent 16 years working in the security industry prior to setting up the business.

MSIF provided a £49,950 loan earlier this year through The North West Fund for Micro Loans which has now been used to take on staff and for capital purchases.

Mr McCutcheon said:  “Since setting up the business, I’ve been running it alone, but needed the funding to recruit staff so that I can take on and service more contracts.”

“I’ve taken on two full time engineers and also use four sub-contractors, with the plan of taking on a further four staff by the end of the year.

“Since the funding, I have secured contracts worth over £500,000.”

“This platform is enabling the company to expand and take on business overseas which we’ll be concentrating on from 2017.

“There will be a further need for additional staff in the near future.”

The North West Fund for Micro Loans is part of The North West Fund which is now fully invested. The finance is provided by the European Regional Development Fund and the European Investment Bank.

MSIF investment manager Sue Chambers added:  “Over the last couple of years the construction market has steadily improved and confidence appears to be returning.

“This business has a lot of growth potential and it’s great to see that our support has already made a significant difference to Amaco’s turnover.”