PH247 Secures Major Growth Support as Winner of the Lloyds Launchpad Competition

We are incredibly proud to announce that PH247 has officially won the prestigious Lloyds Launchpad Competition. This monumental milestone not only validates our commitment to excellence but also secures dedicated business support from Lloyds Business & Commercial to help us scale our vision across the built-environment sector.

What Winning the Lloyds Launchpad Competition Means for PH247

Delivered in partnership with the UK Black Business Show, the Launchpad pitching competition celebrates ambitious founders ready to take centre-stage. By claiming the top spot, PH247 has unlocked a comprehensive year-round support package, gaining access to expert mentors, strategic operational guidance, and invaluable industry networks.

As part of this achievement, we successfully completed the Catalyst Accelerator Programme—a rigorous nine-week growth initiative designed by Lloyds and Foundervine. This platform provides the strategic backing needed to expand our core offerings, ensuring our responsive team remains the go-to provider for reactive plumbing, heating, and drainage services across London.

Driven by Purpose: The PH247 Mission

Our journey to winning the Lloyds Launchpad Competition has always been driven by a deeper social purpose. Co-founder Louchavan Lemard’s powerful pitch resonated with the judges because it highlighted the very heart of PH247. Having experienced homelessness at a young age due to the failings of a rogue tradesperson, Louchavan’s mission is to rebuild trust in the trade.

Today, alongside co-founder Ryan Jeffers, PH247 isn’t just delivering critical, rapid-response repairs when Londoners need them most. We are actively empowering disadvantaged young adults by providing them with skills, mentorship, and sustainable employment in the plumbing and heating industry. You can read more about Louchavan’s personal story and his impactful acceptance speech in the recent feature by The Worshipful Company of Plumbers.

Strengthening Our Industry Footprint

Chris Loring, Managing Director of Lending & Working Capital at Lloyds, commended our team for demonstrating the capability, discipline, and values they look for in high-growth businesses. This partnership gives us the foundation to redefine the industry standard, shifting the narrative from transactional trades to a highly professional, compliance-led sector.

This recognition is part of a broader movement within the Black Business Forum to champion diverse entrepreneurship and innovation. For a deeper dive into the operational advantages this partnership brings, check out the detailed breakdown of how PH247 secured strategic business support from Lloyds.

Looking Ahead

Winning the Lloyds Launchpad Competition is just the beginning. As we leverage this incredible support, our primary focus remains unwavering: providing top-tier, reactive plumbing, heating, and drainage solutions to our clients in London while paving the way for the next generation of trades professionals. We are proving that a modern trade business can be built on transparency, accountability, and a profound commitment to the community.

To learn more about our services or to request an engineer, visit the PH247 website.