BIENVENUE SUR NOTRE BLOG

Case Study - Brand Tap Bottling

Brand Tap Bottling, a growing UK-based bottling company, needed a flexible and efficient financing solution to support their expansion. Traditional lending options were proving slow and restrictive, so they turned to Ninkasi Rentals & Finance, whose expertise in the drinks industry made them an ideal partner. By providing immediate access to the essential equipment Brand Tap needed, Ninkasi enabled the business to spread costs over manageable monthly payments while maintaining operational agility. Reflecting on the partnership, Brand Tap Bottling noted,

Mainland Canning & Ninkasi

Ninkasi, a leading provider of fermentation vessel rental and financing solutions for the beverage industry, is pleased to announce its partnership with Mainland Canning. This collaboration aims to revolutionise beverage packaging capabilities across Europe by offering a comprehensive range of solutions tailored to meet the diverse needs of craft beverage producers. The partnership brings together Ninkasi's expertise in equipment rental and finance with Mainland Canning's cutting-edge canning technology, providing European beverage producers with access to state-of-the-art equipment and unparalleled support services. Ninkasi offers flexible options for a wide range of beverage equipment, including canning lines, fermentation vessels, and chilling units. With a commitment to empowering beverage producers to achieve their growth objectives, Ninkasi provides customised finance solutions designed to suit individual business needs. Mainland Canning is renowned for its innovative canning solutions, offering a comprehensive range of canning equipment and services to beverage producers worldwide. With a focus on reliability, efficiency, and quality, Mainland Canning's solutions enable beverage producers to streamline their packaging processes and deliver high-quality products to consumers. Together, Ninkasi and Mainland Canning are poised to transform the beverage packaging landscape in Europe, providing craft beverage producers with the tools and support they need to succeed in today's competitive market. For more information about Ninkasi and Mainland Canning, please visit [Mainland Canning or Ninkasi].

In the Media - CO₂ Capture in a Small Brewery

CO₂ - Protect your Pocket and the Planet

In recent years not only has the price of CO₂ gone up exponentially, with some breweries seeing over a 600% increase in recent months, but lest we forget the shortages from 2018 due to two factories going through routine maintenance at the same time, and CO₂ being in such short supply it became headline news around Europe. CO₂ has therefore been, for some time now, one of the most volatile components for many craft brewers’ businesses. Without it many brewers are unable to meet the demands of their customers and yet, as we all know, CO₂ is a by product of brewing. Something that all the major brewery’s harness to remove the turmoil created through a precarious supply and demand structure within CO₂ generation. Earthly Labs from the USA and Dalum from Denmark are two such companies leading the way in this new and exciting technology. With small footprints and a tested purity above 99%, these new CO₂ capture companies are set to pave the way for many Craft Brewers to finally take control of their CO₂ costs and remove their reliance on third party supply. Kim Dalum, Managing Director of Dalum Equipment highlights; “Dalum Beverage Equipment have invented and tested technology for craft scale recovery of CO₂, which will help prepare your brewery for the future. By allowing you to secure your CO₂ supply from your own natural source and improve economy while allowing you to reduce your CO₂ emissions by 200% for every Ton recovered. All component parts are stainless steel with no oil or chemicals in contact with the CO₂, meaning that the recovered CO₂ is not only food safe, but also 99.98% pure. The Dalum machine is exceptionally simple to use and in fact once running, is fully automatic. Taking away the stress from brewers and allowing them to save money and the planet through pre-programmed automation. Eddie Gadd, Owner of Ramsgate Brewery who has a Dalum CO₂ Recapture unit used the phrase “this unit is pretty awesome” when talking about his equipment “the whole system is extremely reliable, very efficient and produces first class quality CO₂” when asked about the cost of running the capture technology. In fact, Eddie has already ordered another unit for one of his other businesses. However, and there is always a ‘but’ when it comes to new technology, to buy these machines, even at the craft beer level the outlay is significant. For a single 15kg machine with a 2T storage tank and associated collection stations, vaporisers and safety valves, the capital cost is above £100,000, which is where Ninkasi Rentals and Finance have stepped in to support Craft Brewers. James Lewis, Managing Director of Ninkasi Rentals and Finance explained. “We have been watching CO₂ capture technology for the last 3 years, for us it seemed irrational that breweries were being forced to expel CO₂ produced during fermentation to then buy it in to complete packaging. We believed that this was not only wasteful but costly, and something that as an industry we should try and alleviate. We were introduced to this craft brewery technology in early 2022 and have since been working to understand the principles, the benefits and of course the realities of regulations around this technology. After working closely with the manufacturers and learning from brewers who have already brought this technology to the UK, we strongly believe that we are not only be able to offer financial support to our industry, but also add value to our customers, acting as a consulting bridge between Craft Brewers and the manufacturers”. So, the world of craft brewing is changing, new technologies are allowing craft brewers to stand shoulder to shoulder with the larger multinational brewers, new relationships are being formed and new possibilities are emerging to reduce Craft Brewers reliance on old suppliers. Is this the start of something momentous, it does honestly appear so. Ninkasi are currently offering a free installation survey to enable brewers to understand the technology more while also getting a more in depth understanding of what the technology can do to assist their breweries growth. With Ninkasi able to offer rental or finance options on the CO₂ capture technology, cashflow is protected while savings are generated. If you would like to understand more, please contact Paul Evans on: Paul@ninkasirentals.co.uk or 07741 846650

“Why-oh-Wye” – The Ninkasi Team Summer Day Out

It was back in April that James suggested we all take a day off from delivering tanks under the guise of “team building”. The suggested activity? Canoeing. We are incredibly lucky that our office is based just outside Gloucester, a few miles from the beautiful River Wye. It’s impossible to feel anything but joy when you’re gliding serenely down a glorious river in good company. Whilst the good company was lacking, we did have a few drinks - only slightly tainted by rainwater - and many laughs. We arrived bright and early at Symonds Yat (this would be our end point) to be kitted out with paddles and attractive buoyancy aids. There was a brief safety talk, “avoid overhanging trees, be aware of faster moving water and make sure your floatation vest is on tightly - if you end up dead, I want to make sure I can find the bodies”. The team then drove us upriver in a minibus to Ross on Wye and saw us off onto the water.   And then we proceeded to have the most chaotic “relaxed” day ever, paddling gently through the everchanging countryside. The River Wye runs under arched bridges and open meadows, past bemused herons and patient fishermen, by castles and villages and into the Forest of Dean. It was all very picturesque but perhaps lost on us during our antics! Just over a third of the way down the river, we dragged our canoes up the steep bank for a spot of lunch and a cocktail or two at the very aptly named ‘Inn on the Wye’. We couldn’t stop for long as we still had a large chunk of our journey to complete before the 4.30pm deadline!   By the time we returned to Symonds Yat (through valleys so glorious with trees you feel like you’re paddling on the Amazon… only with less piranhas…) everyone was thoroughly worn out (and a little damp from the malicious capsizing!) We can recommend a day on the river if you’re looking for something to do in this part of the world. Although this author would prefer the next activity involves two feet on solid ground and a hand wrapped around a glass of something alcoholic!

End of Lease - Finance Lease

Recently we published an article about the main types of finance products available in the United Kingdom. You can read that article here. We received a lot of positive feedback from the people who read the article. The main question they raised regarded the end of term treatment of the asset on a finance lease. Therefore, we thought it would be useful to put together some information relating to how finance leases usually work at the end of term. As you may expect, all finance companies have slightly different methods for treating the end of lease with their customers based on their own accounting principles, but the usual practices are listed below. The hirer may enter a secondary hire period and continue the lease. The hirer can be appointed as the ‘sales agent’ by the finance provider and is then able to sell the asset to a third party on their behalf. The asset can be returned to the finance provider.   Continuation of Lease This option usually has the lowest cost associated with it. As the asset has already had its capital outlay covered, continuing to lease an asset can be the most attractive option in terms of cash flow. Your initial agreement should allow for your lease to continue at the end of the term, and also should show the value of continuing to do so. A finance company would normally only be looking to cover their admin costs at this stage, and all options would still be open to you in the future. This is a great option if you are undecided about the next step for the business or the asset. You can effectively tread water for a period at your discretion, and then decide if you wish to take either of the other options or continue with the lease. This is especially good if you potentially have a buyer lined up for a sale and need time to get the sale through. Or if you are looking at other options for equipment and wish to use the asset leased as a stop gap until you have decided.   Sales Agent Option In our experience this is how the process is designed to work. The finance provider appoints the lessee to act as a sales agent to dispose of the equipment on the lessor's behalf. The lessee sells the asset for Fair Market Value to an unconnected third party. Most lessors will be able to introduce the lessee to an unconnected third party if needed. Once the sale is complete, the hirer receives a pre-agreed percentage of the sales proceeds back from the lessor, often referred to as a “rebate of rentals”. This is a great option if the lessee wants to be able to sell the equipment in the future and generate revenue from the proceeds. The lessee could alternatively agree their own commercial arrangement with the third party to take title if required.   Return Returning the asset could have benefits for your business if you are looking to continually change your equipment, or if you have decided to take the business in a new direction and have no use for this equipment anymore. On your agreement you will have the ability to return, however there could be costs involved in this option as you will be giving an asset back to a finance provider, who may not be able to handle it efficiently. Ultimately the benefit of finance lease over Hire purchase is that generally the upfront capital required is a lot lower, and you have full flexibility and control with the asset at the end of the term.   We hope that you found this article useful, and as always if you have any questions, please just speak to us. James, Paul, Theo, George, Oli and Liam The Ninaksi Team   Some further reading and information (not affiliated or endorsed by Ninkasi Rentals) can be found by following the below links: https://www.ukbusinessforums.co.uk/threads/finance-lease-for-van-ending-what-do-do.345456/ https://www.advanceleasing.co.uk/services/end-of-lease-services/ https://www.addleshawgoddard.com/en/insights/insights-briefings/2019/tax-and-structuring/vat-update-fmv-leases/ https://app.croneri.co.uk/feature-articles/buy-hp-finance-lease-or-operating-lease-introduction-accounting-and-tax https://maxxia.co.uk/asset-finance/finance-lease/ https://www.bermans.co.uk/asset-finance-publications/article1/ Please note that all information contained within these articles is produced as summary of our experiences and does not constitute financial advice. Any information contained within third parties' documents are not attributable to Ninaksi Rentals and must be read at your own discretion. Ninkasi rentals always advise that independent financial advice should be taken before signing any financial documents.      

Ninkasi Christmas Countdown

We thought we'd do something a bit fun in the run up to Christmas and share what we've been enjoying over the festive period. Day One - Theo is drinking Raspberry and Pomegranate Gin Liqueur from Bristol Distilling Co a “I’m not the biggest beer drinker so glad that our equipment can be used by other drinks manufacturers. A great pink gin and can be mixed with Prosecco for a cheeky festive cocktail, can’t wait to try more from their range!” a Favourite Christmas Song - All I Want for Christmas is You – Mariah Carey (obviously!) a a Day Two - George is drinking a Seriously Mixed Up Sour from Beatnikz in Manchester a The guys at Beatnikz are really great and show a real passion for all of the beer that they brew. Their sours are both full bodied but also fruity, George says it tastes like drinking a big bag of grapes. a Favourite Christmas Food – Pigs in Blankets a a a a a Day Three - Paul’s dessert beer of choice is Milk Stout from Wiper & True. a This beer is smooth, creamy and has so many wonderful flavours. Your mouth senses the chocolate and vanilla as it flows across your tongue. Not just a great beer, this is award winning stuff from the boys in Bristol. a Favourite Christmas Present ever – Action Man with a parachute a a a Day Four - Ollie is drinking one of the Christmas specials from BrewYork (Fairy tale of BrewYork). a Ollie loves a great dark beer, and he thinks the guys at BrewYork brew some of the finest dark beers in the country – Ollie says it tastes like pudding in a cup. a Are your presents before or after Christmas dinner? - Just continuous, they never stop, it’s all about the receiving. a a a a Day Five - James is drinking Crash from Salt! a This is a regular beer in James’ house, he loves the fruity nature that the hops bring to the beer and the velvety mouthfeel that the beer creates. As you can see from the glassware, he’s a bit of a fan! a Favourite Christmas Memory – Christmas’ in North Wales with my whole family as a kid a a a a a Day Six - Liam is drinking Northbridge from Thornbridge, which is a 7.2% mountain IPA. a It is hands down Liam’s all time favourite beer, it is smooth, easy drinking and tastes amazing. a Favourite Christmas Movie – Die Hard

Christmas Brew Day

At Ninkasi today, dressed up in our Christmas jumpers and Santa hats, today we had our last review of 2020 ahead of the Christmas Holidays. We also had the opportunity to play with one of our rental products, the Pilot Brew Kit, and create our very own Christmas beer - a 7.2% 'Big Bold Stout'. George is a brewer by trade and our operations manager. We had a Pilot Kit sitting in the warehouse, so we thought why not use it to bring some Christmas cheer to everyone and in the process, learn all about the trials and tribulations our customers go through when brewing themselves. Have fun out there guys, and remember..... keeeeeeep brewing!! The Ninkasi Elves