Friday, September 18, 2020

Follow-on investment is a recipe for success for Enjays

A Leeds-based supplier of waffles, pancakes and crepes to the UK foodservice market is preparing for the next stage of growth, backed by a follow-on investment from Finance Yorkshire.

The business has more than doubled its turnover during the last 18 months and has now secured a £300,000 Finance Yorkshire investment. It follows an initial investment of £350,000 in 2013, which allowed Enjays to broaden its product range and create new jobs.

This most recent investment will enable the business to further develop its infrastructure, including sales, marketing and branding resource, alongside capital investment in the factory to increase throughput, in order to allow for considerable growth forecast over the next 12 months.

Much of Enjays’ current growth is down to the creation of targeted products for the foodservice sector, particularly a reduced sugar range which is proving very popular with schools, colleges and the healthcare sector.

Managing Director Jon White said: “In the last 18 months, we have more than doubled our turnover and we are aiming to achieve the same level of growth within the foodservice sector over the coming 12 months.

“Once again, the capital from Finance Yorkshire comes at a crucial time for Enjays and it will allow us to put the infrastructure in place to facilitate that level of growth. We produce everything within the UK and our core strengths now span the pancake and waffle category, which means we have a compelling offering for customers across the foodservice and retail markets.”

To date, Finance Yorkshire has invested over £105 million in Yorkshire and Humber.

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