Wilde Child Brewing moves to new premises after 5 figure BEF investment
Leeds-based brewery Wilde Child Brewing is relocating to new a premises.
The company has secured funding from the Business Enterprise Fund (BEF), as it looks to expand its beer production. The brewery, which has recently secured key accounts with recognised pub chains, has relocated to a 2,000 sq ft commercial property in Armley to help it fulfil its ambitious growth plans.
The new premises will enable the brewery to increase its production by five times, from three barrels a week to 15, with the first beer brewed at the new facility expected to be available from February 2018.
Garbutt + Elliott advised Wilde Child Brewing founder and owner Keir McAllister-Wilde on the funding deal and experts at the firm have been appointed to provide a range of accountancy and financial services to support the development of the company.
Wilde Child Brewing owner, Keir McAllister-Wilde, said: “Since launching, the demand for our products has been extremely high and I have been looking at ways to expand the operation and keep pace with orders. The Start Up Loans investment provided by the BEF will allow me to fulfil my ambitious growth plans, which includes relocation to the new facility, employing more people and expanding our customer base outside of Yorkshire.
“As well as relocating I’m also considering the possibility of opening a tap room where customers visiting our new home can sample our products.
“The advice from Garbutt + Elliott has been vital in helping us secure the funding we needed to make this step and take the brewery to the next level. The ideas, guidance and expertise I’ve received from Matthew Grant, who really is an expert in the brewery sector, has been invaluable and his contribution will continue to help us achieve our ambitious aims of further development and growth in the future.”
Wilde Child brewery was launched in 2016 by Keir McAllister-Wilde after he honed his skills as a homebrewer for four years before moving into the commercial brewing industry where he worked with two award-winning Yorkshire breweries.
Matthew Grant, partner and head of business services at Garbutt + Elliott, said: “This is a very exciting time for Wilde Child Brewing, with several key accounts with recognised pub chains secured, a new premises and the opportunity to increase production.
“We are pleased to have assisted in securing the funding. With our appointment to provide further business planning and accountancy services, we look forward to working with Keir and helping the business continue its impressive growth.”
BEF is a not-for-profit social enterprise, set up to provide loans to SME businesses across the North East of England, as well as North and West Yorkshire, Humberside and North Lincolnshire that will help them thrive and grow when other lenders can’t fully assist.
Andy Clough, investment manager at BEF, said: “It’s fantastic to see another successful Yorkshire micro-brewery growing. Through Matthew’s introduction, I’m delighted to have helped, and look forward to seeing more Wilde Child beer in bars and beer shops across the country.”
Garbutt + Elliott is an independent firm of chartered accountants, auditors and advisors, offering tailored services for individuals and businesses. With a reputation built on providing excellent client service and an in-depth understanding of the needs of entrepreneurial business owners, Garbutt + Elliott is fast becoming the go-to accountancy firm for organisations across Yorkshire and beyond.