A local SME supplier to Kettering General NHS Trust needs a lifeline to save their Factory

A local SME supplier to Kettering General NHS Trust needs a lifeline to save their Factory

Time is ticking as they need to make the intention to buy the Factory by the 10th of January 2023. If not, it may go to another buyer as they have not been able to secure the mortgage needed.

Yumchop Foods is an SME food manufacturer, a Gold Award winner for the Northamptonshire Foods and Drinks 2021. They make natural tasty meals with no added preservatives or additives. They’ve been supplying Kettering General NHS Hospital Trust supporting NHS frontline staff with access to hot meals 24 hours 7 days a week via their novel vending kiosk since 2019 and have provided jobs and apprentice opportunities to over 18 young adults and graduates in the local area.

They obtained the Old Buddies USA in Towcester in March 2020 just at the start of the pandemic and have spent more than £150,000 to convert the run-down Old Buddies USA restaurant in Towcester, Northamptonshire from a dingy facility to what they now have a recent SALSA certified manufacturing facility in Dec 2022. They are currently working towards a listing with a UK Superstore with a possibility of transitioning their meals unto the shelves in 2023. The lack of a Mortgage on this property will mean a complete loss of their investment for the last 3 years and a missed opportunity for a local food SME to go national.

They are looking to raise £410,000 to buy the factory via a Crowdfunding rewards campaign by selling a one-off subscription meal service to 2000 people to support them by trying their Yummy Authentic meals. Offering a 3-month meal deal with 2 additional months for FREE (by paying a one-off payment of £209.97) equating to £69.99 per month. You will be supplied with a choice of 15 meals per month from February to June 2023. (75 meals in total. Meals are discounted from £6.25 to £2.80).

Below are the platform options to support them:

1. Company Payment link: https://buy.stripe.com/28o5nn39A7yC9wYbII

2. Crowdfunding page: https://www.crowdfunder.co.uk/p/help-to-save-a-factory-by-buying-yumchop-meals