An exercise recovery products retailer backed by Anthony Joshua has completed a restructure as it holds investment talks with an England football star.
Manchester-headquartered Pulseroll made two of its employees redundant in the weeks running up to Christmas.
Speaking to BusinessLive, chief executive and founder Paul McCabe said the move was not a "knee jerk reaction" and one that he had thought "long and hard about".
READ MORE: Click here to sign up to the BusinessLive North West newsletter
Pulseroll's customers include Sale Sharks, Burnley FC, Salford City FC as well as British Rowing, British Gymnastics and Leicester City FC.
The company has been backed by Anthony Joshua since 2021.
Mr McCabe also confirmed that the business is in talks with an unnamed England Premier League star who is "very, very interested" in investing.
The CEO added that Pulseroll's turnover increased from £2m to £2.35m in the 12 months to August 2022 and that a rebrand of its logo and packaging is scheduled for March as well as the roll out of new products.
He said: "We're in several investment talks at the moment and we're in an incredibly exciting position.
"We performed very well last year in what was a very challenging environment."
READ MORE:
Bobby Charlton Soccer & Sports Academy enters liquidation owing five-figure sum
League One Morecambe refuse to comment on 'multi-million pound takeover talks' with tycoon
Food giant Princes cut 300 jobs as sales and profits fell back from lockdown high
Peel Ports Group handed shareholders almost £90m before long-running pay dispute
