Cyber-Duck secures funding of £950k for purchase of property

25th February 2022

Hertfordshire based digital agency Cyber-Duck has unveiled ambitious expansion plans following the purchase of an Elstree property that has served as its rented headquarters for over a decade.

The funding package from Santander UK leads way to plans to restore the historic features of the building as well as refurbish its interior, providing staff and clients with a cutting-edge hybrid working environment.

The award-winning agency, whose clients include The Bank of England, Cadbury, The Common Wealth and Sport England, will also be enhancing the workspace with a 3D printer enabling staff to create sustainable product handouts. They also plan on providing gaming consoles for staff to use during lunch breaks, constructing an on-site garden, establishing a lunch space dedicated to healthy eating and setting up sports and walking clubs for staff.

Cyber-Duck was established by Danny Bluestone from his flat in Mill Hill, London in 2005, it has now grown to have a team of 87 in the UK and overseas. It aims to grow its staff by 15% year on year and has plans to open an additional office in central London later this year and an office in Porto, Portugal next year. It is also looking at setting up an entity in the US by 2025.

Tasneem Patel and Manjit Virdee provided legal advice to Cyber-Duck on the property acquisition which enables them to take root and continue to develop their growing business.

“We are pleased to have supported the team at Cyber-Duck in respect of their acquisition with support of funding from Santander. All parties worked in a timely manner to get this drawn within in specific timescales. We wish Cyber Duck all the best for the future.” Manjit Virdee, partner.

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