Llama and pyjamas earns Barclays cash
Barclays has backed Melford Green with restructuring finance to support the award winning champion alpaca herd and provide finance for a new bed and breakfast venture.
Paul and Judith Rylott have been breeding alpacas commercially since 2005 and moved to Darsham from Long Melford, Suffolk in 2010.
The business has achieved good growth in eight years despite a challenging market. It specialises in high quality alpaca genetics and has sold their breeding stock across the UK, as well as exporting to Europe and the Middle East.
The business also provides stud services to other breeding businesses and sells pet alpacas and alpaca products.
Paul Rylott, of Melford Green said: “The business went through a difficult period in 2011 when the costs of setting up the new farm following the move coincided with Judith being made redundant.
“We therefore pitched a plan that saw us bringing forward our ideas for a luxury B&B business to support the farming enterprise. We are truly grateful for Alan Bayliss and Mark Williams’s support at Barclays and for the invaluable advice which has given our businesses confidence to grow in these challenging times.
“The year 2012 turned out to be Melford Green’s most successful to date, whilst Darsham Old Hall is now extremely busy and has been rated as the “Number One Hotel” in Southwold and Aldeburgh.”
Alan Bayliss of Barclays, said: “I have been really impressed by Paul and Judith’s determination to tackle the various challenges faced by them and it is great to see the growth of this business and new sales coming through.
“The farm has quality alpaca stock and I very much hope that both the alpaca and bed and breakfast businesses can now look forward to a strong and sustainable future.”
• PHOTOGRAPH SHOWS: (left to right) Alan Bayliss, Barclays, Goldie (2013 award winning alpaca), Paul Rylott (Melford Green), Zao (alpaca) and Mark Williams (Barclays).