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Grimsby pet food manufacturer nets help to target international growth
A Grimsby-based pet food manufacturer which produces a range of treats for dogs, is scaling up its operations by relocating to new premises and increasing capacity, helping it to target significant growth in both the UK and international pet foods sector.
Skippers Pet Products approached Finance For Enterprise and the Northern Powerhouse Investment Fund (NPIF) for investment to help it lay the foundations for significant future growth after the company outgrew its existing facility. The business was performing exceptionally, with its turnover increasing by 500%, as well as seeing its workforce grow from eight members of staff to over twenty employees in the past year alone.
The unique company, which is the only pet food provider in the UK who specialise exclusively in fish-based products, was launched by experienced fish merchant Steve Moore in 2013, after he spotted an opportunity to re-purpose co-products from high quality fish destined for the dinner table.
Using an ancient preserving technique, which can trace its origins back to the Vikings, fish are dried slowly at a low temperature, resulting in a nutritionally dense source of protein that is enjoyed by all dogs.
In recent months, the company has not only seen demand for its products increase within the UK, but also in several overseas markets, notably Canada and Hong Kong. In order to meet rising demand, the business would need a larger workforce, but with its existing facility already at full capacity, the experienced fish merchant knew the business required additional help to secure larger premises, and secure the vital equipment needed to increase capacity.
Working with senior business lending manager Tim Daniels, Finance For Enterprise helped the business to successfully secure an investment package worth £150,000, delivered through a £75,000 NPIF – FFE & BEF Microfinance loan backed by the Recovery Loan Scheme (RLS), and £75,000 directly from Finance For Enterprise.
With funds in place, Skippers recently relocated to larger premises at South Humberside Industrial Estate, allowing the company to improve efficiencies in its manufacturing processes as well as creating the vital additional working space needed to recruit up to ten members of staff to meet current demand.
Steve Moore, Managing Director, Skippers Pet Products, said: “I’ve worked in Grimsby’s fish industry since I was just 17 years old, and I recognised that when fish are prepared for human consumption, there can be large parts of the animal that simply goes to waste.
“I began to realise that as well as offering a tasty treat for dogs, there can also be health benefits when fish is incorporated into their diet. For example, some of the feedback we’ve received from our customers has included positive changes in the pet’s coat, teeth and even behaviour.
“In older animals the natural omega 3 found in fish can even help dogs suffering from inflamed joints and even arthritis, so I felt the business offered a golden opportunity to reduce the amount of waste being produced within the fishing industry, as well as improving the health and welfare of much-loved family pets.
“Having firmly established ourselves as a market leader in our industry, we knew that it was important to cement this position. This meant increasing capacity to meet demand from both the home and overseas markets.
“Pet ownership during the Covid-19 pandemic increased dramatically, and having seen the business grow so quickly during the past two years, we felt it was imperative to act quickly. To do this we needed to secure additional funds to facilitate our relocation and investment in new equipment.
“Having worked with Tim and the Finance For Enterprise team previously, I felt he understood our business, and within a relatively short period of time, we received the call to say that our application had been successful.
“The funds and help we’ve received have been transformational for our business, and through the support we’ve received from Finance For Enterprise, we’re not just helping to improve the lives of much loved pets across the world, but we’re also doing our bit to improve sustainability, as well as creating additional new jobs within Grimsby’s fishing industry.”
Tim Daniels, senior business lending manager, Finance For Enterprise, said: “Skippers Pet Products is a great example of a business that has built on the heritage of Grimsby’s historic fishing industry by finding new and innovative ways of bringing new products to market.
“Having met and supported Steve and his business previously, the business has a bright future ahead of it, not just by achieving growth in the UK, but also tapping into new international markets.”
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Stantec relocates 140-strong team to new Leeds office
The recently refurbished 8,000 square foot office in 2 Whitehall Quay will be the new home for Stantec in Leeds as it continues to grow, offering colleagues and clients a versatile space for collaboration.
Following a period of growth and success in the region, Stantec, a provider of sustainable design and engineering services, is bringing 140 of its colleagues together in a new home in the heart of Leeds.
The move will see the Stantec team relocating from their existing office at The Boulevard on Leeds Dock.
The highly accessible office is on the 4th floor of the building and includes dynamic areas for collaboration all designed to meet the needs of a modern teamworking environment. The teams will use their new West Yorkshire base to build on their strong relationships with clients spanning the UK’s built environment, particularly in the water, transport, planning and development industries within both the private and public sector.
Ross Anderson, Stantec’s Yorkshire region water operations director said: “This new space has been designed with both colleague well-being and client collaboration in mind. We’re looking forward to hosting our industry-pioneering clients like Yorkshire Water in this new location.
“Our relationship with Yorkshire Water continues to go from strength to strength as we continue to work on ground-breaking projects in the region and this office expansion shows our long-term commitment to servicing the water sector in Yorkshire. We’ll be using this flexible workplace to further enhance integrated working in a fresh, modern city-centre office.”
Harriet Chapman, regional growth lead for North, at Stantec, said: “Although we loved our office on Leeds Dock, our headcount in Leeds has increased quickly and significantly. Our new office at 2 Whitehall Quay provides accessible, flexible working arrangements, enabling us to continue to deliver exceptional projects and services for our clients while providing the flexibility to grow our Leeds presence.
“Following Stantec’s acquisition of Barton Willmore last year, our teams are quickly coming together throughout the UK, and this office grants us one central space to accommodate new team-members. We’re delighted to combine our creative and technical approaches to projects to deliver sustainable, resilient and connected places across the region.”
Stuart Natkus, planning director, Stantec, added: “Barton Willmore enjoyed a legacy of success in Leeds, and we’re excited to see how we can build on this, working alongside our new Stantec colleagues, using their technical expertise as part of a holistic interdisciplinary offering.”
FLJ acted for APAM to let 2 Whitehall Quay and CBRE acted for Stantec.
Charles Parkinson, associate director, CBRE’s Occupier Services team in Leeds, said: “Stantec instructed us to acquire a new Leeds office following the company’s strategic decision to move from Leeds Dock.
“They sought a best in class office building within close proximity to Leeds train station and chose 2 Whitehall Quay following an extensive search. The building takes workspace to a new level, recognising the current workplace dynamic that occupiers seek.
“Its newly refurbished suites, flexibility in floorplates and superb riverside location, coupled with its excellent wellness focus delivers everything the modern occupier demands and more.”
Will Grenfell, senior asset manager, APAM Ltd, said: “2 Whitehall Quay is in a prime location by the river and canal towpath and a short walk to the railway station and City Square.
“The refurbishment has delivered some of the best quality office space in the city with a huge focus on wellbeing. We are delighted to welcome Stantec to the growing and thriving business community housed in the building.”