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Aldermore serves up festive funding for luxury chocolate maker

POSTED: 29th November 2017
IN: Newsroom
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The Grown Up Chocolate Company, a family and friend owned luxury chocolate business, has agreed a new finance facility worth £675,000 from Aldermore, the specialist bank.

The business, which was founded by James Ecclestone in 2011, produces a range of handmade chocolates based on childhood classics at their facility in Harlow, Essex. The company now employs 30 people and demand has increased significantly from making 650 bars of chocolate a week in 2011 to 80,000 bars a week in 2017, worth an estimated £2.3million in sales.

The new finance facility from Aldermore will allow The Grown Up Chocolate Company to meet an ever increasing customer demand during their busiest time of year, as they work to supply clients with Christmas stock. The tailored facility from Aldermore will allow the company to pursue their aims for growth by increasing the reach of their sales teams.

James Ecclestone, Founder, The Grown Up Chocolate Company said: “Since I founded the business, I’ve dealt with three other finance providers and Aldermore were the first who truly understood what we wanted. They were quick to assess our situation and offered a flexible product which is tailored to our specific needs. We’ve always had the philosophy that if you aren’t moving forward you’re moving backwards, and Aldermore have helped us to keep moving in the right direction. When we look to capitalise on the greater demand for our products during the festive season and look ahead to further expansion, I can’t see myself working with anyone other than Aldermore, and continuing our partnership.”

Peter Birch, Relationship Manager at Aldermore, said: “Aldermore and The Grown Up Chocolate Company are a fantastic match. They are an exciting and dynamic company who are passionate about their product and already have a customer base who love it. This is exactly the type of strong UK company that Aldermore look to partner with and give them the support that they need to succeed.”

**Ends**

For further information, journalists can contact:

Chelsey Palmer, Aldermore 
Phone:          0208 1853 142
Email:           Chelsey.Palmer@aldermore.co.uk

Tom Pavey-Smith, Lansons
Phone:            020 7294 3606
Mobile:            07917 165588
Email:             thomasps@lansons.com

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