Darren grew up on the Isle of Wight, and lives there with his 2 young daughters and wife. The majority of his employment history was within the Plumbing and Heating industry, both on an employed and self-employed basis. During this time he has installed central heating systems, sanitary fittings in wet rooms, radiators, gas appliances, diagnosing faults on domestic appliances, boiler replacements and is qualified in NVQ 2 in Basic Plumbing, UHWSS Install, Commission and Service, CSCC, Gas Safe registered for cookers, fires, boilers, instantaneous water heaters, Gas Safe – energy efficiency.
In his most recent position, Darren was employed as a heating engineer but unfortunately, as a result of his employer losing a large contract on the Island, he was made redundant in April of 2013. As he was unable to find employed work and did not want to register unemployed and receive benefits, he decided to become a self-employed Plumbing & Heating engineer, working mainly on the Island since this date.
Due to his previous financial issues as a result of his previous wife’s debts and credit cards from excessive spending, Darren had been unable to source a loan from a High Street lender.
As Darren’s wife works Mondays, Wednesdays, and Thursdays and every other Friday, and having 2 young daughters aged, 5 & 2, Darren had to share the family car, to take his wife to work first on those days and attempt to get all tools and equipment needed for each job in the vehicle, which was limiting the amount of time and work that he is able to commit to. Despite these difficulties, he has been able to begin to build the business.
Darren was referred to Fredericks through the Isle of Wight Chamber of Commerce and following the application process of completing the business plan and cash flow forecast in order to identify potential business, business costs and potential income, Darren attended a panel on the Isle of Wight at one of Fredericks close partners, Barclays Bank who actively support the Charity and refer clients that they are unable to lend to, and kindly offered office space and a Branch Manager to sit on the panel. Darren was approved a loan in order to purchase a suitable van, a website, tools, and sign writing for the van in order to expand the business.
As a result of this, his business has grown rapidly since he received the business loan from Fredericks Foundation. The majority of the loan enabled him to purchase a new van and sign write it which has increased his revenue enormously due to its constant advertising. Darren has completed work for new builds and having the larger van has enabled him to carry more materials that he would normally had to have delivered costing him precious time and money.
Wanting to offer a professional service, Darren also used the funding to purchase a uniform, business cards/stationary and a competent email and quote service.
‘Looking towards the future, I feel that Fredericks Foundation has given me a solid foundation to expand my business. The feedback from my Domestech clientele has been really positive with repeat work booked for them again already’.