Founded in 1952, Aerocomponents is a family run business which is a leader in high-quality precision engineering, boasting over 30 CNC machining stations dedicated to producing components for industries like Aerospace, Motorsport (including Formula 1), and Defence. Renowned for its unwavering commitment to quality control, the company has earned a solid reputation as a trusted global supplier.

Referred to Propel by Azets, Aerocomponents sought a finance support package to invest in three new CNC machining stations. Acquiring these assets was essential, as the business had not invested in new equipment for some time and needed to ramp up its capabilities quickly to meet demand.

This investment was crucial to help them stay competitive and up to date with the latest technology in the market. The machines, sourced internationally, have been instrumental in driving the company’s growth while reinforcing long-term customer relationships and market presence.

“Azets immediately pointed me in the direction of Propel; and I needed a lot of cash very quickly. Getting in touch with Propel, it moved nice, quickly and easily which was good. They were very interested in the business, the direction I was taking and the type of machinery I was purchasing.” 

Simon Rose, Managing Director, Aerocomponents