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East Midlands
Thursday 5 November 2020

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Results continue to rise at PE-backed payments company

Turnover and pre-tax profits continued to rise at a Leicestershire-based electronic payments company during the year of its MBO, new documents have revealed.
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Insider Feature
Feature 1

Business Matters: Why you shouldn’t let the pandemic halt your workplace dreams

The pandemic has been the biggest collective shock to our lives, according to Andrew Butterworth, commercial director at Bruntwood Works, with millions made to work from home and thousands of businesses forced to adapt. Companies have changed the way they operate and how they look after their workforces and customers, prioritising health, safety and wellbeing more than ever before.
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Deals

Tech start-up nears fundraising target

A Derbyshire-based technology start-up has neared its £750,000 crowdfunding target.
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MBO at Ashberry Healthcare

Ashberry Healthcare has undergone a management buyout after securing a £5m funding boost from Leicester-headquartered Cambridge & Counties Bank.
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Pub chain secures £1.2m boost

An independent pub chain has received £1.2m to support working capital and refinance from Leicestershire-headquartered alternative lender ThinCats.
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Clarks forms partnership with LionRock Capital

Clarks has reached an agreement for Asian private equity firm LionRock Capital to acquire a majority stake in the historic shoe brand as part of a £100m investment. The deal, which also involves the Clark family remaining invested, is subject to shareholder approval and a CVA for Clarks' UK and Republic of Ireland businesses in relation to its store portfolio.
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Uptake in Q3 logistics deals - BDO

Deal activity in the UK logistics sector increased in the third quarter of 2020, according to new figures, despite year-to-date volume being significantly lower.
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Premier Foods confirms talks over Hovis sale

Premier Foods has confirmed it is in talks over a sale of its stake in Hovis.
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Insider Feature
Feature 2

Business Matters: Building business resilience - How business operations can thrive in uncertain times

Many businesses were forced to adapt and adopt new processes in a rush as the pandemic hit. SafetyCulture’s Dan Joyce explores how we can build on those hasty foundations and optimise for safer, more productive and successful businesses in 2021.
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Business

New restrictions “increase uncertainty” for Dunelm

Leicestershire-headquartered homewares retailer Dunelm has said the new Covid-19 lockdown restrictions in England have "increased the level of uncertainty in the outlook" for its current financial year.
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Amazon to create 900 Christmas jobs

Amazon is set to recruit 900 seasonal employees at its fulfilment centres in Derbyshire, Nottinghamshire and Leicestershire for the Christmas period.
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Joules on track to meet expectations despite sales fall

Lifestyle brand Joules, which is headquartered in Market Harborough, "remains on track" to meet its expectations for its current financial year despite sales falling 18 per cent since its stores first reopened in July.
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Results dip for cash and carry wholesaler

Turnover and pre-tax profits at a cash and carry wholesaler and food distributor dipped during its latest financial year.
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Caravan industry supplier expands into new markets

A Derbyshire-based caravan industry supplier has expanded into the New Zealand and South Korean markets.
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Revenue and profit boost for IT services provider

Newly filed accounts for an IT services provider which works across the UK said the the business has 'enjoyed another year of improved results', with revenues hitting £35m and pre-tax profits climbing.
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Historic department store relaunches online

A department store which can trace its roots in Derby back almost 300 years has been relaunched online and outlined plans to open a new store.
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The Works hails post-first lockdown trading

Discount retailer The Works has said its trading since stores reopened following the first Covid-19 lockdown has "continued to be strong and significantly ahead" of the board's expectations.
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Insider Feature
Feature 3

Roundtable: Food & Drink 2020

The Midlands is playing a leading role in ensuring the global food chain is more sustainable and efficient.
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Property

Major job-creating scheme approved

A total of 300 jobs are to be created after plans for a major mixed-use development in Leicestershire were approved.
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Car storage site sold for £68m

A 121-acre car storage facility in Corby has been sold for £68m by a listed commercial property investment specialist.
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Pick Everard reveals new-look HQ

Independent property, construction and infrastructure consultancy Pick Everard has unveiled its new-look head office in Leicester following an extensive refurbishment.
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Extra funding for Market Hall project eyed

A further financial commitment to the transformation of Derby’s historic Market Hall is expected to be made by the city council next week.
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Council partners with developer for major scheme’s first phase

A Lincolnshire council has partnered with a national housebuilder to bring forward for the first phase of a 454-home scheme.
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Manufacturing

AGA Rangemaster braced for revenue fall as pandemic bites

Kitchen equipment and heating appliance manufacturer AGA Rangemaster has said it is braced for a further reduction in its turnover as a result of the Covid-19 pandemic.
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Manufacturing collective secures £2m boost

A Midlands-based industrial collective is aiming to fight back from Covid-19 disruption after winning more than £2m of new contracts.
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Other News

NEW Midlands Top 500 Companies Database - Preorder today and get the Early Bird Offer

Member Exclusive News

Car dealership signs new deal with Burton Albion

A car dealership has agreed a new sponsorship deal with Burton Albion.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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