A family-run East London steel fabrication business, founded by a father and now run by his son, is planning its next phase of growth after securing funding from Allica Bank, the challenger bank for established businesses.
Leyton-based Metallico Ltd was established in 2001 by Adamos Televantos and began producing architectural metalwork such as gates, railings and staircases across London. Today, the business is run by Adamos’s son, Kyriakos, who took over leadership in 2019 and has overseen the company’s expansion into major structural steel projects across the capital.
Operating from a 14,000 square foot workshop with a team of more than 20 locally based employees, Metallico specialises in the design, fabrication and installation of structural and architectural steelwork for developments across London. Among its recent work, the company delivered key structural steelwork for Bacchanalia Restaurant in Mayfair, producing the support structures used to suspend sculptures by Damien Hirst. Metallico has also played a major role in the redevelopment of Northcliffe House, supplying structural steel for new fl oor extensions and rooftop terraces at the historic former headquarters of the Daily Mail.
Across the past decade, Metallico estimates it has supplied steel components used in the construction of more than 50,000 homes.
Adamos learned his trade while serving in the Cypriot army, fabricating steel furniture and storage units for barracks before moving to the UK and building a reputation for high-quality architectural metalwork.
Since taking over leadership in 2019, Kyriakos has focused on modernising operations while maintaining the company’s traditional approach to customers.
“We’re old school in the sense that relationships and quality still matter to us,” he said. “A lot of our customers come in, have a coffee with us and talk through the project face to face. But at the same time, we’re investing in modern systems and new technologies so we can deliver projects faster and more efficiently.”
Metallico recently secured funding from Allica Bank, enabling the company to refinance existing lending while also accessing additional cash to support growth and new contracts. The funding will help the business create new local roles across design, procurement and client management, while also increasing capacity to take on more complex and bespoke projects.
Metallico is also further prioritising sustainable steel solutions, increasing its use of low-carbon and reusable structural materials to meet growing client demand and reduce its environmental footprint.
Allica Bank works with established businesses with between five and 250 employees and is on a mission to give established businesses the banking they deserve. That includes a current account that rewards business owners for using it, a relationship manager whose name and number they actually know, and powerful tools and technology that make their life easier, not harder.
Named the UK’s fastest-growing company by The Sunday Times in 2024 and ranked second in its 2025 Tech list, Allica also topped Deloitte’s UK Fast 50 in 2023 and 2024, placing seventh in 2025. It has been recognised by both the Financial Times and Sifted as one of Europe’s fastest-growing businesses.
Allica’s annual revenue growth makes it the fastest-growing fintech ever, with it breaking into yearly profitability in 2023 with a substantial balance sheet.
Kyriakos said: “Metallico has always been about more than just steel – it’s about people, relationships and trust. We’ve come a long way since my father first started out, growing into larger and more complex projects while keeping the same core values.
“Allica’s support gives us the freedom to expand our great team and take on ambitious projects, while keeping the personal touch that our clients value. It’s exciting to think about what we can achieve in the coming years as we continue building the business and working with the local network of tradespeople and suppliers who’ve supported us for years.”
Ian Teeney, Metallico’s Relationship Manager at Allica Bank, added: “Metallico is a brilliant example of a family-founded London manufacturing business that has grown into a trusted partner on major construction projects across the capital.
“From their workshop in Leyton, they’ve helped deliver everything from landmark refurbishments to vital infrastructure, while supporting local jobs and suppliers. What stands out is how Kyriakos is building on the strong foundations laid by his father – modernising the business and pioneering more sustainable steel solutions. Supporting businesses with deep local roots like Metallico, helping them grow and innovate, is exactly what we’re here to do.”
Find out more on the Allica Bank website.
Find out more on the Metallico website.
