Ice cream business opens its revamped dairy

       Share via email

Read time: 5 mins      Added: 25/08/2018

A Hampshire business producing high-end ice cream has installed a new state-of-the-art dairy, thanks to funding from Lloyds Bank Commercial Banking.

Jude's Ice Cream has renovated its production facilities, increased its capacity and launched three new flavours, after it secured listings with some of the UK’s largest supermarkets. The business is now expecting its annual turnover to grow by over 30 per cent.

Stockists include Waitrose, Sainsbury's, Ocado, Selfridge’s and Wholefoods. The company also supplies high-end restaurants and theatres, such as The Royal Shakespeare Company, and summer festivals Taste of London and The Big Festival.

Watch Chow Mezger, Managing Director of Jude’s Ice Cream, talk about their growth journey.

Meeting increasing demand

The new flavours launched by Jude’s Ice Cream include Sticky Toffee Pudding, which has already been snapped up by Sainsbury’s. It has also added Black Coconut and Vanilla Clotted Cream to its repertoire.

On top of this the firm has increased its storage capacity, by purchasing new refrigeration equipment using an asset finance facility from Lloyds Bank.

Jude’s Ice Cream was launched in 2002 by Theo Mezger and is jointly managed by his family from their Hampshire farm. Jude’s pride themselves on their innovative flavours and leading food trends, as with their signature flavour Salted Caramel, which was launched in 2010. All of the ice cream is produced on-site, with milk from the local herd of 220 cattle on the Matterley Farm.

The company employs a team of 50 and is looking to grow its staff in line with its growth. It also donates 10 per cent of profits to youth and children’s charities, partnering with the Spear Course and Home for Good, which looks to help find permanent homes for the 4,000 children awaiting adoption in the UK.

"We want to make the very best British ice cream, and the most delicious and innovative ice creams on the market. We’ve seen a high sales uplift, which shows that people across the UK love the natural taste and inventive flavours," said Chow Mezger, joint managing director of Jude’s Ice Cream.

"We're a family-run business so it's great to have the support from Lloyds Bank, which has helped us increase the amount of ice cream we can produce."

Chow Mezger, Joint Managing Director, Jude’s Ice Cream

"It’s meant we can fulfil new orders and supply more supermarket locations. We have launched a new vegan range of ice creams into the supermarkets and we're already getting a great reaction. They've passed the famous family taste test and we've got more combinations in the pipeline."

Lloyds Bank funding is helping businesses grow

Ivan Darby, relationship manager for Lloyds Bank Commercial Banking, added: "Jude’s Ice Cream has developed a loyal following. The business has a great story and has kept true to its roots. It's setting itself apart in the industry by constantly evolving – through partnerships with other food and drink companies and bringing creative products to market quickly."

Marcus Carolan, regional manager at Lloyds Bank Commercial Finance, said: “Being well-equipped to respond to increasing demand is crucial for any business, particularly those producing food items. Jude’s Ice Cream has enjoyed a significant uplift in sales, and we were able to provide tailored asset finance and invoice finance products, which is now allowing the business to continue to raise its annual growth targets.

"We want to help more businesses across Britain prosper so they're able to keep developing and achieve phenomenal sales."

All lending is subject to status.

Factoring and Invoice Discounting facilities may be provided by one or more of Lloyds Bank Commercial Finance Limited, Lloyds Bank plc and Bank of Scotland plc. Lloyds Bank Commercial Finance Limited. Registered in England & Wales no. 733011. Registered office: No.1, Brookhill Way, Banbury OX16 3EL. Lloyds Bank plc. Registered in England and Wales no. 2065. Registered Office: 25 Gresham Street, London EC2V 7HN. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

The provision of credit or leasing services by Lloyds Bank plc is subject to your meeting their Credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.

Important legal information

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.