A fast-growing family business that specialises in plant-based protein foods has tripled its turnover since its move into new purpose-built manufacturing premises.
Award-winning NutreeLife made the move from Preston to the Dakota Business Park in Burscough this summer – investing £1.5m in new equipment.
Its two, new, state of the art manufacturing facilities, totalling approximately 24,000 square feet, will enable major future growth. And the move is already paying off with annual turnover set to increase from £1.4m last year to £4m.
NutreeLife, which has a 45-strong workforce, makes high quality protein bars, snacks and burger mixes that are high in protein and low in sugars. Its clients include a number of major UK brands.
With support from WNJ, the business has also been able to invest heavily in the Research and Development work that is central to its success.
WNJ has advised NutreeLife on its successful applications for R&D tax relief, which supports businesses in all sectors working on innovative projects in science and technology.
It can be claimed by a range of companies that seek to research or develop an advance in their field. It can even be claimed on unsuccessful projects.
Chief executive Patrick Mroczak said: “We offer bespoke products for our clients and R&D and product development sit at the heart of everything we do.
“We have our own lab in house and the success of the company has been built on continual innovation. The tax relief we’ve received has helped us greatly in pushing forward that ambitious R&D programme.”
He added: “The investment in our new manufacturing facilities is also a major statement of intent. We needed the extra space to gear up our operation. We’re also investing in our people as we look to continue our growth journey.”
NutreeLife won the prestigious Be Inspired in Business Award (BIBA) for best new business last year.
The company was created to “make great nutrition accessible for all” and its founders Patrick and managing director Adam Hodgkinson have years of experience and dedication in the food, nutrition and beverage industry.
They set out to establish NutreeLife after recognising a gap in the market for a vegan and ‘free-from’ range of protein supplements.
Patrick said: “These are really exciting times both for the business and the industry. We are operating in a really growing sector which has massive potential.
“Our relationship with WNJ is very much a partnership. They are there to help and guide us, whatever issues arise, and have supported us right from day one.
“The professional advice we have received from them has played a big part in helping us to get where we are today and they continue to work with us on our future growth plans.
“WNJ’s work in the field of R&D and the support available to us has been invaluable as we’ve moved the business forward to where it is today.”
• To discuss how WNJ can help support your business please contact me on 01772 430000.