Quick Reach Powered Access Limited

Quick Reach Powered Access Limited is a UK-based firm specializing in advanced powered access solutions, primarily featuring aerial work platforms designed for efficient operation in constrained spaces across various sectors. Founded in 2014 in Eccles, UK, Quick Reach Powered Access Limited focuses on offering powered access equipment. The company was targeted by Mercia Asset Management, which invested GBP 4. 5 million in a GROWTH funding round in March 2019, bringing the total amount raised to GBP 4.

5 million. The CEO, David Barton, leads the firm, which has pursued a singular deal since its inception. Quick Reach specializes in providing innovative powered access solutions, primarily focusing on self-propelled aerial work platforms including scissor lifts, articulated and telescopic booms, and telehandlers. These platforms are designed for low-level interior maintenance and are particularly effective in confined spaces and narrow aisles, making them ideal for sectors such as warehousing, logistics, and general maintenance.

Their products offer exceptional horizontal outreach and enable precise positioning in hard-to-reach areas, significantly enhancing safety and productivity during work at height. Quick Reach caters to both commercial and domestic users across various geographical markets, including the UK and potentially other European regions, ensuring that clients have access to high-performance equipment tailored to meet their specific operational needs. Quick Reach generates revenue through a structured business model that entails the rental and sale of powered access equipment. In 2022, the company reported revenues of GBP 16,021,565.

30 and an EBITDA of GBP 6,007,876. 80. Clients typically engage in transactions involving short-term hires, long-term leases, or outright purchases, depending on their project requirements. The company's offerings are complemented by on-site servicing and maintenance packages, which ensure that equipment is compliant with safety standards and optimally maintained.

Revenue from these services is supplemented through the sale of accessories and training programs, facilitating a comprehensive experience for customers. The pricing structure for these services is aligned with market standards, reflecting the value and efficiency provided by Quick Reach's advanced machinery and dedicated support. Quick Reach Powered Access Limited intends to utilize the recent investment of GBP 4. 5 million to support the development of new products and enhance its operational capabilities.

The company is exploring opportunities to expand into additional European markets by the end of 2025, aiming to broaden its geographical reach and customer base. The funding is expected to facilitate the launch of new aerial work platforms that cater to emerging customer needs, further solidifying the company's position in the powered access sector.