Golf equipment manufacturer is on course for growth

24th November 2014

A Gloucester based golf equipment wholesaler and specialist manufacturer has grown its premises and expanded its exclusive collection to include junior equipment, after receiving funding from Clydesdale Bank.

Established in 1982, Sigma Golf UK Ltd provides golfers of all abilities with good value, high-quality equipment. In the last 10 years, Sigma Golf has developed the specially designed Professional Golfers Association (PGA) club range, and offers a custom fitting club service. This type of service is usually offered to advanced level golfers; however Peter Darnell and Richard Jewell, Sigma Golf directors, wish to enable players of any ability to experience the significant improvement that custom-fitted clubs will bring to their game.

A new customer of the bank, Sigma Golf has received a six-figure funding package, facilitated by Relationship Manager Matt Daily from Clydesdale Bank’s Business and Private Banking Centre in Gloucester.

Richard Jewell, Director of Sigma Golf UK Ltd said: “The funding has allowed us to expand our premises and purchase more materials from overseas, enabling us to further extend and improve our PGA line offering. This will have a significantly positive impact on our turnover, increasing our capacity to recruit over the next year.

“Frustratingly, previous banks we have worked with did not understand our business and its needs. We fully appreciate the efforts Clydesdale Bank has taken to gain a sound knowledge of what we do and cater to our growth ambitions.”

Rob Spearman, Head of Clydesdale Bank’s Business and Private Banking Centre in Gloucester said: “Peter and Richard’s commitment to perfecting the product they deliver to customers, and their long-standing expertise makes this business an asset to the golfing community. We look forward to working closely with them in the coming years to help them develop Sigma Golf UK Ltd to its full potential.

“As the business community starts to display more confidence in the current economic climate, Clydesdale Bank will continue to focus on investing in organisations’ plans for growth.”