March 12, 2010
Liverpool feed company secures bank facility to meet demand
UK specialist animal feed manufacturer B Tickle & Sons has secured a GBP250,000 (US$373,326) working capital facility from NatWest bank to support a seasonal increase in demand for its products.
The family business, which is based in Speke, Merseyside, Liverpool, UK, manufactures animal feedstuffs such as pellets and coarse mixes used by cattle, sheep and dairy farmers.
Demand for its products has soared during the winter months, as many farms do not have enough grass available for use as animal feed. The peak period for the business lasts until the end of April, and the NatWest funding ensures the company has sufficient working capital in place to meet the demand.
Established in St Helens 150 years ago, B Tickle & Sons now operates from a purpose-built mill in Speke. The business is run by Adam Tickle, the fourth generation of the Tickle family to own and operate the firm.