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Blog Post
  • Half-year revenues have neared the £400m mark at furniture retailer DFS bolstered by the acquisition of Sofology, although the deal impacted profits at the group. DFS reported a turnover of £396.1m in the six months to 27 January 2018, up from £379.9m for the same period last year. However, revenue before acquisitions was £366.5m, down Read more

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  • Liverpool-based Real Good Food has secured an “important” funding boost. At the back-end of 2017, the company noted that it had identified that further substantial cash would be required for working capital and investment purposes to allow it to implement its business plan. While the board continues to explore the detail of financing this requirement, Read more

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  • Liverpool-headquartered Halewood Wines & Spirits looks set to sell its Romanian wine business. The company has accepted an offer for Halewood Romania, subject to Romanian Competition Council approval, from The Alexandrion Holdings Group (AHL). Following completion of the transaction, which is likely to occur during the next three months, AHL has agreed to invest in Read more

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  • Revenue at a listed construction company with operations across England has surged towards the £300m mark, according to new results. North Midland Construction, which is headquartered in Nottinghamshire, has reported a rise in its revenue to £291.7m in the year to 31 December 2017, up from £250.4m in 2016. During the same period, the company’s Read more

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  • A company which supplies restaurants, hotels and pubs with meals is to expand its premises after doubling its vegan range with a £2.7m funding package from Lloyds. Devon-based Little & Cull’s sales of vegan products currently account for 10 per cent of Devon-based Little & Cull’s £9m annual turnover, compared with 5 per cent two Read more

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  • Nearly two-thirds (60%) of UK chief executives identify employee mental health as a priority, yet just one in six (16%) employers has a defined mental health strategy, a study has suggested. According to the research conducted by the Reward & Employee Benefits Association (REBA) in association with Punter Southall Health & Protection, only 37% of organisations Read more

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  • Shingo’s appointment follows Trust Tech’s investment in UK businesses and he will primarily be responsible for collaborating with these subsidiaries to support their continued growth. He will also drive corporate business development and the establishment of new alliances in the European market as Trust Tech looks to develop its presence in key territories. With more Read more

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  • If you are involved within the manufacturing arena like many of our gap client’s, then chances are you’ve seen the terms ‘Industry 4.0’ and ‘fourth industrial revolution’. So are they buzzwords… Yes. But ignore them at your peril.             The four industrial revolutions: (1) Mechanization through water and steam power. Read more

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  • Gig Economy Over recent years we have seen the emergence of the so called ‘gig economy’. The gig economy in the UK is generally characterised by companies that offer platforms which connect customers with service providers i.e. Uber. It is also characterised as engaging individuals on an ad-hoc and flexible basis. The nature of these Read more

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  • Turnover has neared the £16m mark at Gloucestershire-based cutlery company Robert Welch. The company, founded in 1961 in Chipping Campden in the Cotswolds by designer Robert Welch, is currently run by his children Alice Welch and Rupert Welch. Profits before tax for the year to April 2017 were £1.38m, down from £1.41m for the previous Read more

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  • The Nottingham-headquartered company behind the Savile Row-based clothing brand Chester Barrie, which also supplies a host of high street retailers, has reported a jump in revenue for its latest financial period after an acquisitive year. Prominent (Europe) made £127.9m in revenue in the year to 31 March 2017, up from £115.1m in 2016. The company Read more

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  • A new executive chairman has been drafted in at Blackburn-headquartered toilet roll maker Accrol. The AIM-listed company has revealed that Dan Wright is switching from independent non-executive director to executive chairman with immediate effect. He replaces Peter Cheung who stepped down from the board as executive chairman on 3 February 2018 and has left the Read more

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  • The UK new car market declined in the first month of the year, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The organisation has said 163,615 cars were driven off forecourts in January, a 6.3 per cent fall compared with the same month in 2017. Demand fell across the board, Read more

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  • A combination of new business wins and the development of existing contracts has helped drive revenues up to almost £50m at a Blackburn-based textiles supplier. The latest set of accounts for Vision Support Services Group show a turnover of approximately £47.2m for the year ending 31 March 2017, which represents a 41 per cent year-on-year Read more

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  • Thirteen people were recently arrested on suspicion of modern slavery offences following a series of early morning raids by West Midlands Police working with the GLAA Thursday 25th January. Officers carried out simultaneous swoops on residential premises in Handsworth as part of an investigation into the exploitation of eastern European workers. The force acted on Read more

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  • Revenues have climbed by a tenth at Bargain Booze owner Conviviality fuelled by rising sales across all of its business units. In a trading update for the 26 weeks ending 29 October 2017, Conviviality revealed that group unaudited revenues have risen by 9 per cent to £836m. Conviviality Direct sales increased by 7 per cent Read more

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  • The largest workwear company in the UK, whose customers include Spar, Sainsbury’s, Pets at Home, Virgin Trains and Greggs, has reported a surge in revenue and profits for its latest financial year. MWUK, which is headquartered in Castle Donnington, Derbyshire, operates the Dimensions, Alexandra, Boyd Cooper and Yaffy brands. The company also manages the sourcing Read more

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