How Coeval Makes UK Roads Safer with Kriya Invoice Finance

Coeval: 35 years of making UK roads safer

Coeval is a UK-wide specialist in LED road safety systems - the kind of infrastructure that quietly protects communities every day.

From variable message signs and speed warnings to overheight detection and tunnel lighting, they design, manufacture, install, and maintain the technology that keeps roads moving safely.

Headquartered in Glasgow, Coeval has spent over 35 years at the forefront of UK road safety - built on precision engineering, technical expertise, and a clear mission: safer roads.

Public sector and local authority contracts sit at the heart of their business. But like much of the infrastructure sector, those contracts come with one consistent challenge: long payment cycles.

The Challenge: Strong pipeline, delayed cash

Coeval’s work isn’t quick or cheap. Delivering road safety systems requires upfront investment - in materials, manufacturing, skilled teams, and ongoing maintenance.

But payment doesn’t come quickly. Public sector contracts often run on 60-90+ day terms, meaning Coeval could complete a project and still wait months to get paid - all while funding the next one.

That gap put real pressure on working capital. It limited how fast they could take on new contracts, invest in their team, and scale operations.

Coeval needed a partner who understood the realities of infrastructure work - and could unlock cash tied up in invoices, fast.

The Solution: Kriya Invoice Finance

Facility: £350,000

Coeval partnered with Kriya Invoice Finance to bridge the gap between invoice and payment.

With Kriya's facility in place, Coeval can draw down funds against invoices as soon as they are raised - accessing the working capital tied up in outstanding receivables without having to wait for their clients' payment cycles to run their course.

The solution is straightforward to use and adapts to the natural rhythm of Coeval's project pipeline. Kriya provides consistent, on-demand liquidity that keeps the business moving.

The Impact

Since working with Kriya, Coeval has been able to:

Eliminate cashflow bottlenecks caused by extended public sector payment terms, ensuring funds are available when the business needs them - not weeks later.

Take on new contracts with confidence, knowing that winning work won't create a liquidity crunch while the team delivers.

Invest in manufacturing, people, and processes without being constrained by what's sitting in outstanding invoices.

Maintain the operational reliability their clients expect, without the financial uncertainty that can disrupt growing infrastructure businesses.

Support sustainable growth, with a financial foundation that scales as their contract volumes increase.

Closing Note

Coeval's story will resonate with many businesses in the UK infrastructure and public-sector supply chain. Winning quality contracts shouldn't mean waiting months to access the money you've already earned.

With Kriya Invoice Finance, Coeval has the financial flexibility to keep building the systems that protect communities across the UK - without cashflow ever being the thing that slows them down.

We also honour the late Gary Higgins, former CEO of Coeval. Gary built something remarkable - a business that has kept UK roads safer for over three decades. His legacy lives on in every sign on every road.

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