Contact Us

T: 01768 867118
E: [email protected]

Mardale Road
CA11 9EH

Page Header Image

Month: May 2020

Glasses were raised earlier this month when Plau, a historic family-owned pub in Preston won the ‘Conversion Award’ at CAMRA’s prestigious Pub Design Awards.

The awards, which were celebrated in a virtual pub on 7th May, are held annually in conjunction with Historic England and celebrate exceptional pubs across the country that have undergone conversion or conservation work, or are newly built.

Plau was bought in 2014 by husband and wife team, Jeremy and Rebecca Rowlands after they took an interest in the fascinating history behind the premises. Built in 1668 as a butcher’s shop, Plau was first converted into a pub in 1795. However, it was closed in 1913 and would have to wait a further 105 years to be restored and reopened as a pub once more by the duo, with support and financial backing from regional independent lender, Enterprise Answers.

Jeremy Rowlands, owner of Plau said, “We had this romantic notion of a place lost in history and set out plans for its renovation, which quickly escalated into a much bigger project.

“We ended up purchasing a second part of the building, within which we uncovered an 18th century subterranean gin distillery, that has now become our vaulted cellar bar. We also found a 40ft medieval well in the cellar that housed pieces of pottery and historic bottles, which we’ve collated into a display cabinet of curiosities inside Plau”.

Their visionary renovation to bring to reality the four-storey gin and beer house required substantial funds but the couple were unable to obtain finance from their bank. Undeterred, they discussed the matter with their broker who recommended Enterprise Answers.

Grahame Latus, Chief Executive of Enterprise Answers said, “Jeremy and Rebecca approached us in 2017 seeking finance for their renovation project.  Looking at their good track record with similar establishments in the area, it didn’t take us long to realise that they had the creativity and potential to unleash a new cultural venue in Preston.

“We invested a six figure sum over eighteen months, allowing their expanding renovation work to be completed. From when we first visited the site, it was a fascinating project to watch.

“It was a challenging project due to the historical nature of the building, but the finished result has certainly been worth the wait. It’s easy to discard the past sometimes, but the entrepreneurialism of Jeremy and Rebecca shone through in their creative vision to bring history tastefully to the fore at Plau.”

Jeremy commented, “Tony, Louise and Grahame at Enterprise Answers were so supportive right from the start. We found their hands-on approach refreshing and it was important to us that they were genuinely interested and enthusiastic about our project”.

Grahame added, “We have derived a lot of pleasure from investing in Jeremy and Rebecca’s project at Plau and we are delighted that their hard work has been recognised with the CAMRA award”.

Speaking about their Pub Design Awards win, Jeremy said “A member of CAMRA had become aware of our project and we were put forward for the Conversion Award. We submitted the application in summer last year and were blown away when we were announced as the winner”.

Andrew Davidson, Chair of CAMRA’s Pub Design Awards judging panel said “Jeremy Rowlands and their designers, Loe Design have turned a disused and run-down building into a highly attractive pub, its refurbishment informed both by the known history of the building and by features uncovered during the work. Everything has been done with great care and with quality materials. The result is striking – a traditional pub re-imagined for the 21st century!”

From brunch to dinner, great food & drink on the menu

To find out more about Plau visit 

On 21st April, The Toy Shop in Cockermouth became the first business to receive a funding boost through Cumbria’s only accredited delivery partner for the Coronavirus Business Interruption Loan Scheme, Enterprise Answers.

The Coronavirus Business Interruption Loan Scheme (CBILS) is designed to support the continued provision of finance to UK smaller businesses (SME’s) during the Covid-19 pandemic.

The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. It supports a wide range of business finance products, including term loans, overdrafts, invoice finance and asset finance facilities.

Independent lender and family-business supporter, Enterprise Answers are offering the government backed CBILS loan facility to family and non-family SME’s based in either Cumbria, North Lancashire or the Yorkshire Dales.

Chief Executive of Enterprise Answers, Grahame Latus (pictured)  said, “For us it’s about enabling businesses to realise & unleash their potential through the provision of appropriate finance.

Grahame Latus

“We are proud to be the only Cumbria based CBILS Delivery Partner, of some 48 nationwide and we will endeavour to assist as many SME’s as we can through these challenging times.”

The Toy Shop in Cockermouth run by husband and wife team, Jonty and Fiona Chippendale has been a feature of the towns bustling high street for over twenty years. When the government announced the first measures to control the virus, the couple discussed their response;

“We made the decision that it would be too tricky to trade without risk of spreading the disease so we let all our customers and suppliers know that we would close” said Jonty.

“We sat down and looked at our cash flow and it quickly became obvious that if we didn’t get a cash injection, we wouldn’t be able to buy stock and recommence trading on the other side”.

Sadly, enduring hard times is familiar territory for the family business, having been flooded twice during the last several years. Owner Jonty believes this has equipped them with the necessary skills to deal with such challenges, saying “Dealing with adversity has prepared us for coping with tricky situations. If you look around, help is always there.

“This time we knew we couldn’t predict how bad the situation might get, so we set out to apply for all the available help in order to plan for the worst-case scenario”.

“We spoke to our accountant about the situation, who recommended Enterprise Answers to us as a suitable lender. We had begun discussions with our own bank but found it was impossible to make any progress.”

For lender, Enterprise Answers, once the details of the scheme and the accredited partners and lenders were announced by the government, hundreds of enquiries from businesses across the region followed.

“We had to quickly set up a system to efficiently handle all the enquiries coming in, knowing what a worrying time it is for business owners. We enlisted the Family Business Network to assist us with managing those initial enquiries.” said Grahame.

Sue Howorth, Founder and Co-Director of The Family Business Network said, “Enterprise Answers have been closely involved with the work that our Network does within the family business community for several years and they are a fantastic advocate of family businesses. When they approached us to help with the administration of the first stage of the CBILS process, we were more than happy to lend a hand.”

Grahame explained, “These are unprecedented times for businesses, especially the independent retailers who perhaps are feeling the economic impact hardest if they are unable to trade during the current Government lock down. When we were approached by Jonty from The Toy Shop at Cockermouth, we knew it was a business we had to work with.”

“Jonty & his wife Fiona were fantastic to engage with, they fully appreciated our application process and ensured that we had all the information we needed to assess their application for a loan under the Coronavirus Business Interruption Loan Scheme”

Grahame added, “In fact, the information was spot on and it took just 4 working days from picking up the application, to assess it, approve it and deposit the funds in their business bank account. The Toy Shop became the first CBILS loan that we released.”

Speaking about the CBILS application process, Jonty said, “Embarking on an application like this is always a little daunting at first but it was very manageable. Our experience was that aside from the money being essential, the application itself was a useful exercise to go through, as we realised that we hadn’t sat down and done a business plan for a while.

“The process helped us to think through the what if’s and to crystallise what we’d do on the other side. With the help of Enterprise Answers, we were able to apply for the loan quickly. Our advice to other family businesses is not to bury your head in the sand, but be realistic about the situation, look at what help you need and then make a start”.

Grahame of Enterprise Answers added, “Working with businesses such as The Toy Shop will help to ensure that when we emerge from this lockdown, Cumbria retains many of the characteristics that help make it one of the most desirable places to visit.”

The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS).