A company which develops software solutions for the import and export community is expanding its software and consultancy services to help businesses navigate Brexit, following a loan from NPIF - FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF).
Wigan-based Langdon Systems was formed in 1984 to offer one of the first customs software solutions on the market. The company provides tailored duty management systems and specialises in design, development, implementation and ongoing support, as well as customs expertise.
The majority of its clients are UK-based companies which trade internationally including Tesco, H&M, Arcadia Group, Intel, Debenhams and SMEs across a range of sectors.
FW Capital’s investment will be used to recruit new staff and further develop its software and consultancy services, including a range of events and training to help businesses with the significant changes to the customs process following Brexit.
Director Paul Carroll said: “Dealing with HMRC can be extremely daunting for businesses. It’s a highly regulated industry where procedure and legislation is changing all the time. Particularly now, with the upheaval caused by our departure from the EU, it isn’t always feasible to stay abreast of it all so it helps to have an expert in your corner.
“Brexit, regardless of the final outcome, requires a degree of preparation. We’re seeing an unprecedented demand for services and we need to scale to support that. We want to meet the growing need for customs expertise and we’re readying ourselves for what’s set to be a busy time for the business.
“We believe very strongly in our products and services and in the quality of our expertise and it’s and it’s a great endorsement to have the Northern Powerhouse behind us, supporting our direction and wanting to help us achieve our goals.
“The funding from FW Capital has been crucial in enabling us to enhance our offering and we are delighted to have them on board as an investor.”
FW Capital investment executive, Loz O’Connor said: “Langdon Systems is a leader in its field with around 25% of all UK customs declarations submitted using its software including some of the largest companies in the UK.
“Businesses that trade in Europe are understandably concerned about potential changes within the Customs Union and are seeking expert guidance to help them. This increased demand presents significant growth opportunities for Langdon Systems and we are really pleased to provide investment to develop the software and consultancy services.”