IN Brief:
- Metallico has secured Allica Bank funding to refinance existing borrowing and back expansion.
- The business plans to add capacity, recruit into key functions, and take on more complex steelwork packages.
- The next phase of growth includes a stronger focus on lower-carbon and reusable steel solutions.
Metallico, the Leyton-based structural and architectural steelwork specialist, is preparing for a new phase of growth after securing funding from Allica Bank.
The family-run business was founded in 2001 and is now led by Kyriakos Televantos, who took over the company’s leadership in 2019. Since then, the business has continued to widen its role across London projects, combining fabrication and installation capability with a more modern operating structure while keeping a close focus on repeat relationships and project-specific delivery.
Recent work has included structural steel for the Bacchanalia Restaurant in Mayfair, including support structures for suspended Damien Hirst sculptures, as well as steel packages for the redevelopment of Northcliffe House. The new funding will refinance existing lending and release additional capacity for growth, with the company planning to recruit across design, procurement, and client management while increasing its ability to take on larger and more bespoke work.
Metallico is also placing greater emphasis on lower-carbon and reusable structural materials as client expectations shift. That combination of refinancing, recruitment, and operational expansion gives the company more room to compete for complex central London work at a point when specialist fabrication capacity, programme certainty, and project coordination continue to carry a premium.
