Fish-based pet treat supplier Skippers Pet Products has relocated to new premises and increased capacity following a cash injection.

The company, located in Grimsby, approached Finance For Enterprise and the Northern Powerhouse Investment Fund for funding after outgrowing its existing facility.

It had seen turnover increase by 500% and its workforce grow from eight staff to more than 20 employees in the past year.

Skippers was launched by experienced fish merchant Steve Moore in 2013, after he spotted an opportunity to re-purpose co-products from high quality fish destined for the dinner table.

Finance For Enterprise helped the business secure an investment package worth £150,000.

With funds in place, Skippers relocated to larger premises at South Humberside Industrial Estate, allowing the company to improve efficiencies in its manufacturing processes as well as creating additional working space needed to recruit up to 10 members of staff.

Steve Moore said: “Having firmly established ourselves as a market leader in our industry, we knew that it was important to cement this position.

“The funds and help we’ve received have been transformational for our business, and through the support we’ve received from Finance For Enterprise, we’re not just helping to improve the lives of much loved pets across the world, but we’re also doing our bit to improve sustainability, as well as creating additional new jobs within Grimsby’s fishing industry.”