Kimberley Caravan Centre, a family-run business established in the early 1980s, is preparing for its next phase of growth with the support of a £500,000 working capital package from Lloyds.
Founded by Mike Lowe, the business started life on a small Mansfield site before expanding to its current home in Nottingham. Over the years it has steadily grown to employ 75 people across two branches in Nottingham and Darlington and now generates more than £33m in annual turnover.
Sustainability is central to the firm’s long-term strategy. It has installed electric vehicle (EV) charging points at both its branches, transitioned its company fleet to electric cars, and updated recycling processes in line with new legislation. The Lloyds funding will enable further investment in operations by consolidating all financial services through Cardnet.
This streamlining will accelerate payments, provide faster access to working capital, and support reinvestment into stock, site improvements and customer service. As part of its growth journey, the firm has invested in modern facilities, including state-of-the-art workshops, offices and showrooms at its Nottingham site, and a major upgrade to the Darlington branch.
Oliver Burton, group management accountant at Kimberley Caravan Centre, said: “Kimberley has always been about more than just caravans and motorhomes, we’re here to give families unforgettable holiday experiences.
“Many of our customers first came to us as children on trips with parents or grandparents, and it’s rewarding to see them returning with families of their own. Lloyds has been brilliant in supporting us through our first business banking switch, guiding us step by step. Having everything under one roof, from overdraft to card services, gives us the confidence to keep investing in our future growth.”
Khush Johal, relationship manager at Lloyds, added: “Kimberley Caravan Centre has a proud heritage in the East Midlands as a family business that has successfully adapted to changing customer needs over decades. We’re delighted to welcome them to Lloyds and provide the funding and financial tools that will help the firm continue growing sustainably while delivering for its customers.”
