An all-female Redditch firm supplying spare parts to central heating and gas engineers has been named one of Britain's top 50 brightest new businesses in this year's HSBC Start-Up Stars Awards.
Red Hot Heating Spares is now hoping to go on and scoop the coveted title of HSBC Start-Up Star 2005 and the top prize of £20,000.
Kate Adams, Becky Shuck and Trish Morgan started Red Hot Heating Spares in June last year after spotting a gap in the market.
Taking on a maledominated industry, the three determined entrepreneurs promise to offer a service that is both friendly and efficient.
Both Kate and Trish are married to heating engineers, while Becky has been working directly in the industry for five years, most recently as a branch supervisor.
The trio noticed a lack of a spares trade counter in Redditch - and predicting that changes in the industry will lead to an increasing demand for specialist services - they raised £50,000 capital between them and opened shop just over a year ago.
Response from local tradesmen has so far been extremely positive and the business is on track to break even before the projected 18 month timescale.
Simon Wainwright, head of business banking at HSBC Bank, said: "Having helped over 200,000 new businesses get started in the last two years, we know that going it alone isn't easy, and hope that recognition of Red Hot Heating Spares's success in the HSBC Start- Up Stars Awards will help them go from strength to strength.
The ten finalists, to be named in July, will face a judging panel at HSBC's Canary Wharf headquarters in September.