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Groovy 

Business bio 

Groovy sources and designs hard-to-get giftware products and supply them to major high street and online retailers. With experience in both designing and manufacturing a mix of original products, Groovy’s clients include the likes of Argos and Harrods. The company’s in-house design team creates its own collections in line with current trends in film, TV and fashion, and has exclusive UK and European distribution rights via licences with popular blue-chip names, such as Star Wars, Harry Potter, Marvel and Doctor Who. New licences are currently being finalised and set to include other well-known family favourites. 

Loan Amount

£250,000

Region

East Midlands

Funding Need

Product Portfolio Expansion

Sector

Retail 

“The MEIF loan funding will enable us to expand our product lines, and supply high quality, unique products. ”

Monique Scott
Managing Director at Groovy

Growth and expansion

Founded in 1991, the company started out as a retail store and soon diversified into designing and creating its own innovative imaginative, fun gifts. With experience in both designing and manufacturing, a successful mix of original products, Groovy started to supply large High Street retailers.

The company develops new ranges in line with current trends in movies, TV and fashion, always comprising a sense of humour to add fun in sharing gifts. License partners include: Harry Potter, Star Wars, DC Comics, Doctor Who, Rocky, Assassins Creed, Marvel, Grumpy Cat, Shaun The Sheep, Yoga Cats and Dogs and are always adding more.

With an in-house design team Groovy creates its own collections which add to the eclectic mix of products and plans to further develop its range of lifestyle accessories going forward.

Could MEIF Maven Debt Finance help fund your growth journey?

If you’re running an SME business that’s looking to grow, we’d love to hear from you. Feel free to give us a call to find out more about our flexible funding solutions: 

0121 231 7125 Birmingham | 0115 697 6160 Nottingham

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