Nemo celebrates its second birthday

Nemo Personal Finance Ltd, a subsidiary of Principality Building Society, celebrated its second birthday last week. The secured loans company based in Cardiff, launched for business in February 2005 under the leadership of managing directors Phil Jones and Sam Marshall. The business has continued to experience steady growth in its second year of trading, and Nemo maintains its position as a major force in the secured lending market.

Phil Jones, joint managing director of Nemo Personal Finance, said: “We are very pleased with the way that the business has continued to develop in the last 12 months. From starting out with 30 staff, we reached 100 by our first birthday and now have 144 employees. We’re delighted to be contributing to the economy in Wales and to be a major employer in Cardiff.”

Nemo is set for further growth and expansion in 2007, with staff retention continuing to be strong, this isn’t the first Nemo birthday many have celebrated. This strong staff commitment can be attributed to the company’s core values and ethos.

Sam Marshall, joint managing director, commented: “Our employees’ attitude of getting things sorted has been key to continued business development. We’re grateful for our staff’s efforts and the support of the Principality. 2007 will see us pushing the business further and we look forward to continuing the success we’ve enjoyed to date.”