Queezibics Ltd has formulated its recipe for ginger biscuits following comprehensive research into travel and pregnancy sickness by leading medical centres in the US and Australia. It said it aimed to use the funding to hire an external marketing agency to further promote the business and to relocate to a larger premises in 2020.
The business has recently expanded its product range into the animal market, with a wheat-free dog formula that administers the exact amount of ginger required before travelling.
The new premises would allow all production and packaging to be carried out onsite and create up to 15 jobs for the local economy.
"This deal marks an exciting new chapter in our story and reinforces our decision to move to HSBC UK in order to meet the growth aspirations of the company," said Robert Catcher, owner and director of Queezibics. "We are also excited to expand our team and hope this will only be the start of our growth over the next few years.”
Travel sickness and morning sickness
Sarah Lucas, HSBC UK’s regional director for small business banking, South West and Wales, said: “The Queezibics team are truly committed to helping those who suffer with travel or morning sickness – and now their pets. Queezibics is a unique company with a fascinating set of products, so we’ve been delighted to support them as they grow their operation and expand into new markets. We look forward to seeing them as they move into their new premises and contribute to the growth of the local economy as they expand the team.”
Queezibics supplies its products to big brands like Amazon, P&O and Brittany Ferries, Waitrose and Welcome Break, BP at Moto and Pets at Home and has just agreed a contract with Pets at Home to supply a further 450 stores across the UK.
The funding package from HSBC UK was allocated from the bank’s £200m SME Fund which supports small and medium-sized enterprises across Devon, Cornwall and Somerset.