Investment leads to new jobs at Ludo Studio

Investment leads to new jobs at Ludo Studio

Hull-based internet marketing and graphic design agency Ludo Studio is planning to more than double its turnover after securing funding from Finance Yorkshire.

The company, which was established in 2007, employs 15 people and operates both the Retail Centred and Optimised Law brands.

Retail Centred offers signage and sales material for retailers and shopping centres while Optimised Law provides self-managed internet marketing packages for law firms.

The £50,000 loan will enable the firm to invest in business development, marketing material and telemarketing as it looks to gain new customers and accelerate growth.

Turnover currently stands at around £1m but the company is aiming to hit £2.5m within five years and double the size of its team.

To help it meet that target, Ludo Studio is creating four new jobs - two designers, an internet marketing assistant and a web developer.

Managing director Chris Middleton said: “We used to be a marketing company that did all things for all people until we realised that we had specialist skills and a customer database that was skewed towards shopping centres and legal clients.

“This led us to create two new brands and we structured our team internally to develop these markets further.

“The investment from Finance Yorkshire will enable us to reach the next stage in our development.”

Ludo Studio also operates MY Office Branding and MY Vehicle Wrap, which offer graphic design and printing services.