Case study

Larry바카라 사이트檚 Fishcakes

In 2021 a family-run business in the North East was awarded funding to support the diversification of their business offering.

From:
Marine Management Organisation
Published
14 January 2025

Key facts

  • Applicant name: Larry바카라 사이트檚 Fishcakes Ltd聽
  • Type of project: Processing of fisheries and aquaculture products and support for marketing across the sector聽
  • Project value: 拢320,000聽
  • FaSS award: 拢162,000聽
  • Date awarded: July 2021 and December 2023

About the project

Family run business, Larry바카라 사이트檚 Fishcakes, is an established fishcake manufacturer in North Shields. They produce scampi, fish fingers and fishcakes. The company was heavily reliant on the wholesale market and faced logistical challenges in 2020/21 due聽to closures in the hospitality industry and transport issues as a result of Covid-19. 바카라 사이트�

In 2021, MMO awarded 拢150,000 to Larry바카라 사이트檚 Fishcakes to reduce their reliance on the wholesale market and adhere to retail regulations allowing them to diversify fully into the retail sector. This was achieved by the purchase of a suite of processing equipment and a refrigerated vehicle. A further 拢12,000 was awarded in 2023 to support their marketing and promotional activity. 바카라 사이트�

These investments have since enabled Larry바카라 사이트檚 Fishcakes to further diversify their business model to account for the impacts on the sector such as the cost-of-living crisis and cost of utilities, who now offer a home food service to meet the needs of their customers.

Craig Foster, Owner of Larry바카라 사이트檚 Fishcakes said:

The reality is that without FaSS assistance Larry바카라 사이트檚 Fishcakes would be in a dark place바카라 사이트� if indeed here at all. Some of the things we did may not have worked 100% however the three to four years바카라 사이트� of projects have been very positive overall, and future proofed the company. 聽

During these unprecedented times, the fact that we are still here and have managed to grow is a testament to my wonderful team, our suppliers, this funding support and our聽customers. I hope now that we can have a prolonged period of normality.바카라 사이트澛�

FaSS enabled Larry바카라 사이트檚 Fishcakes to be flexible and MMO grants team have been incredibly helpful from day one.

Outcomes

By March 2025, this project is expected to deliver:聽

  • 3 FTE created (delivered)聽
  • 9 FTE safeguarded (delivered)聽
  • Increased resilience聽
  • Net profit increase of 拢80,000聽
  • Improved market share by establishing a new customer base.

View more case studies here:聽Fisheries and Seafood Scheme: Selected case studies

Updates to this page

Published 14 January 2025