Manufacturer Slack & Parr slips into administration

Howard Smith and Chris Pole from Interpath Advisory have been appointed joint administrators of Slack & Parr Limited and Slack & Parr (Investments) Limited.

Incorporated in 1917 and based in Kegworth, near Derby, Slack & Parr is a third-generation family-owned specialist pump manufacturer which supplies gear metering pumps, rotary hydraulic flow dividers and industrial dosing pumps throughout the UK and worldwide. The Slack & Parr group delivered turnover of in excess of £13 million in FY23.  

In common with a number of other industrial manufacturers, the companies had seen cashflow impacted by rising raw material, energy and labour costs. After exploring their options in view of increasing cashflow challenges, the directors took the decision to seek the appointment of administrators. 

Following their appointment, the joint administrators will seek to trade the businesses while they explore options for a sale of the businesses and their assets. The administrators have retained approximately 100 members of staff to assist them, however a further 50 employees have been made redundant.

Howard Smith, Managing Director at Interpath Advisory and joint administrator, said: “For over 100 years, Slack & Parr has grown to become a market leader in high precision engineering, supplying gear metering pumps and rotary flow dividers to high-profile customers including leading automotive manufacturers.

“As we explore options for a sale of the businesses and their assets, we would encourage any interested parties to make contact with us as soon as possible.”

The companies are part of a wider group, which includes trading subsidiaries in the USA and China. No other companies in the group are in administration and continue to trade.

Community experts sought to help shape University of Nottingham’s newest campus

The University of Nottingham is seeking expertise from the local community to help shape the future of its newest campus, ahead of plans to open up the doors to the public for the first time this month. The university is establishing a volunteer advisory group for its Castle Meadow Campus, its new city centre campus on the site of the former HMRC headquarters, at the foot of the historic Nottingham castle. Jason Phoenix, Castle Meadow Programme Director for the University of Nottingham, said: “This is a hugely exciting development for the university and will enable us to realise some of our ambitions to expand research, teaching and collaboration activity, offer increased opportunities for civic engagement, and develop the university experience for many of our postgraduate students. “We want the local community to feel a part of what’s happening at Castle Meadow at every stage of its development and are seeking ‘critical friends’ to provide advice and support and bring best practice and knowledge to the project helping us to review plans as they develop.” Encompassing seven buildings – recently awarded grade II listed status for their iconic appearance – and 32,500 square metres of space, Castle Meadow Campus will feature state-of-the-art facilities and will be a hub for collaboration for the whole community – from local schools and businesses to academics and industry. Officially opening by 2025, the campus will provide an additional new base for Nottingham University Business School (NUBS), which will capitalise on the city centre location to develop new opportunities for teaching, research and partnership activity, enabling it to grow its postgraduate offer and increase collaboration with strategic partners. It will also be the home of the university’s Digital Nottingham project, which will harness digital and data knowledge and innovation to support a thriving regional digital sector and help solve challenges across the city and region. The university envisages opening up the campus as a venue for events, installations, demos and digital showcasing – including immersive technology, AI and Robotics and digital 3D mapping tools. In addition, it hopes to be able to offer digital skills education for local professionals and young people as well as regional networking opportunities for small and medium sized businesses. A phased refurbishment plan is underway and in purchasing Castle Meadow Campus, the university also became landlords for law firm Browne Jacobson which is currently based at the site. It is soon to be joined by professional services firm KPMG, which has announced it will relocate its East Midlands office to the campus later this year.

Loughborough University receives multi-million-pound funding to create new automotive wind tunnel

Loughborough University has received multi-million-pound funding from UK Research and Innovation (UKRI) to create a new automotive wind tunnel.

It is part of a £23 million investment by UKRI to establish a National Wind Tunnel Facility+ (NWTF+). This will deliver a network of world-leading wind tunnels, addressing societal and industrial challenges including the generation of net zero technologies; advances in emissions reduction; and future technologies for transport, energy, and healthcare. Loughborough is world renowned for its research in the field of automotive aerodynamics. Flow measurements taken at the University for a simplified car shape have become a standard accuracy assessment test for 20 international organisations, including universities, engineering software providers and major car companies. The new wind tunnel will be used to expand Loughborough’s research capability in understanding the behaviour of wheel sprays, complementing its existing large automotive wind tunnel facility. Professor Gary Page, Chair of Computational Aerodynamics at the University’s Aeronautical and Automotive Engineering Department, explains: “There are an increasing number of sensors on cars to aid drivers and provide levels of autonomy. We need to know under what conditions these sensors will stop functioning or behave incorrectly in adverse weather conditions. “The new facility at Loughborough will enable this safety critical research to take place and advance knowledge and development across the automotive sector.” Planning and construction of the wind tunnel is due to begin in April 2024.

Plans approved to transform car showroom, garage, and petrol station into self storage facility

Plans have been approved for the transformation of a once bustling car showroom, garage, and petrol station on Portland Road, Hucknall into a state-of-the-art Loft Self-Storage facility.

The project will introduce a new storage solution business to the area, featuring portable storage containers and storage units integrated into the open areas of the site.

By introducing this new storage facility into the area, Loft Self Storage will create new job opportunities, stimulating local employment and contributing to the local community.

Speaking about the upcoming project, Loft’s Managing Director, Nick Williams, said: “We are absolutely delighted to have been granted permission to change the use on Portland Road. We plan on creating a much-needed self-storage area for all people who need that extra little secure storage space.

“Job opportunities will be created in the local area along with bringing the old site back to life whilst still in keeping with the local area and surroundings. We can’t wait to get going and welcome the people of Hucknall and surrounding areas to this new and exciting project.”

Administrators of plant-based foods firm secure sale of manufacturing site

The administrators of Plant and Bean Limited (P&B) have sold the company’s manufacturing site and associated equipment to Vegan Solo Consulting Limited (Vegan Solo) and Duo Renovations Ltd (DRL). P&B is a dedicated alternative protein food manufacturer based in Boston, Lincolnshire, operating from a 125,000 sq ft factory and producing vegetarian products for large brand names with placements in major supermarkets. The company entered administration on 31 May 2023 when James Clark and Howard Smith at Interpath were appointed joint administrators. Vegan Solo specialises in the production of meat-free products and is run by Heather Mills, the entrepreneur and a leading champion for the vegan movement. This purchase will add to Miss Mills’ existing portfolio which includes Vbites – a pioneer of meat-free substitutes. Like several other businesses in the sector, P&B experienced significant inflation across its cost base, primarily increases in food and energy prices. The business also suffered from several operational issues stemming from a lack of investment. It is understood that following the sale there will be a period of renovations to upgrade the production capabilities, and that Miss Mills is determined to ensure that any future manufacturing that takes place at the site be plant-based. Heather Mills said: “I am delighted to acquire the P&B facilities and to keep it as a non-meat factory. I am also pleased to try and help the founder of P&B who has worked in a similar vein to myself for many decades to drive positive change for the environment, the animals and for the health of the global population.” James Clark, Managing Director at Interpath and a joint administrator of Plant and Bean Limited, said: “I am delighted to secure a sale of this great facility to someone committed to investing and improving on the great manufacturing capabilities implemented by Plant and Bean. The factory has huge scope to deliver improved economic output for the Boston area and we wish the buyer all the best in their new venture.”

Air IT swoops for Yorkshire firm

Air IT, the Managed Service Provider (MSP) with offices in Nottingham and Derby, has snapped up Yorkshire and London-based Vital Technology Group. Air IT and Vital combined employ almost 500 people and operate across eight regional UK offices, delivering a local personal service to over 2,300 clients. Lee Evans and Alex Dawson, Joint Managing Directors of Vital, said: “We’ve spent the last 15 years developing and growing Vital into a successful regional business with an enviable local reputation. “By joining Air IT, we’ll not only be able to offer additional technical expertise, skillsets and capabilities, whilst continuing to deliver the highest levels of service to our clients, but will continue our journey of growth, establishing Air IT as the IT partner of choice for SMEs in Yorkshire and the North East region.” James Steventon, CEO at Air IT, said: “I’m delighted to welcome Vital to Air IT. They’re a great addition to our team, sharing a similar approach, culture, and a commitment to delivering exceptional service to clients. “With a strong focus on Microsoft cloud solutions, we’re looking forward to combining our joint knowledge, skills and experience to deliver even greater results for our valued clients.”

Increase your website sales by 85%

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Newark architects design boathouse at centre of leisure development

Newark-based Influence Landscape Planning and Design is the landscape architect on a project to create a new boathouse at Kings Mill Reservoir near Sutton in Ashfield, work on which has begun this week. Kathryn Dunk, principal landscape architect at Influence, said: “Kings Mill Reservoir is a special place where nature and visitors flock. It’s a place for being close to nature, enjoying the surroundings and experiencing the myriad of water sports on offer. “I’m really pleased that progress is being made to create the new leisure building which will sit alongside the water sports facilities and provide a place to dine and relax. Naturally landscape plays a key part here and we have created designs that responds to the specific character of the reserve, with a naturalistic planting palette of grasses and wildflowers and native Downy Birch trees reaching across the site to the water’s edge.” Lincoln-based Lindum Construction is delivering the project which involves demolishing an old boat house to make way for a new two-storey structure providing modern, accessible changing and storage facilities for water sports on the ground floor, with a restaurant and function space on the first floor. The project is one of 17 in the district being funded by £62.6m of Towns Funding and will complement the expansion of the neighbouring The Mill Adventure Base. Lindum Construction Manager Mark Robertson said the entire project would take around a year to complete. “We are looking forward to getting started on this project, which will result in a superb leisure attraction for local people. The restaurant will be in a fantastic location with views of the water,” he said. “We have a strong pipeline of local subcontractors who will be working on this scheme with us so the council’s investment will continue to circulate within the economy. “It is good to be working with Ashfield District Council again. Lindum has a delivered several housing schemes for the authority over the past three years and we’ve developed a strong relationship, based on openness, trust and successful delivery of projects.” Cllr Matthew Relf, Executive Lead for Growth, Regeneration and Local Planning added: “This is another positive step for our plans to make Mill Waters one of the top tourist destinations in the East Midlands. “We want to hear from clubs or individuals, who are keen to get involved in developing and running water sports activities at the reservoir. Please get in touch with the team if you are interested.”  

Three substantial freehold premises sold in Derby city centre

A deal has been completed to sell three substantial freehold premises on Green Lane in Derby city centre. St James Securities, the company behind the £200m regeneration of the Becketwell area of the city, has disposed of the properties to the Berry Group, a successful Derby-based property company. The properties form part of legacy ownership originally controlled by Debenhams when they traded from the former department store, with the site now home to The Condor, Grainger plc’s new 259 BTR apartment scheme, which is set to launch next month. As part of the on-going regeneration project at Becketwell, tracks of land behind The Condor needed to be reconfigured resulting in the disposal of numbers 22-24, 36 and 46-48 Green Lane. The three properties will be transformed into a mixed-use development, incorporating ground floor commercial units to the frontage which will provide a much-needed uplift to the existing street scene. In addition to this, there will be new residential use throughout the remaining parts of the properties, helping aid Derby City Council’s goal of providing additional, affordable city centre living. Derby’s £200m Becketwell regeneration scheme is the most significant urban regeneration scheme in the city for more than three decades. The Becketwell scheme will create a vibrant, exciting, new quarter of residential, commercial, leisure activity in the heart of Derby city centre. Phase one is the delivery of The Condor, the city’s first ever purpose-built, Build to Rent scheme, which will be owned and operated by Grainger plc, the UK’s largest listed provider of private rental homes, along with the creation of a new multi-purpose public square. Phase two of the scheme includes a major £45.8m 3,500-capacity performance venue, which will be operated by ASM Global, the world’s leading venue management and services company, and producer of live experiences. Future planned phases of the scheme include the potential for a range of other complementary uses of the site including a hotel, further residential accommodation, a multi-storey car park and purpose-built student residential. Paul Morris, development director at St James Securities said: “We are pleased to have concluded the sale of these three very interesting buildings. “The Berry Group have the required experience and skill set to reactivate these long vacant properties to provide a mixture of commercial and residential space as part of the on-going re-energisation of Derby city centre.” Alex Cockayne, commercial director of the Berry Group, added: “We are delighted to have purchased these three properties from St James Securities and thank both Rigby & Co and St James Securities for their dealings and co-operation throughout the conveyancing period. “We are now thrilled to focus our attention on bringing these derelict buildings, which have been empty for over 15 years, back to life. These buildings will play a part within the Becketwell regeneration scheme and provide Derby city centre with some much-needed high end accommodation and fresh commercial space.” The transaction of the units was brokered by Russell Rigby of Derby-based commercial property consultants Rigby & Co, who said: “We are really pleased to have delivered a successful outcome for SJS and given the rise in confidence levels on streets bordering Becketwell, we believe we have an excellent match-up between an emerging location and The Berry Group, who have already demonstrated that they are skilled at getting to grips with mixed use assets such as these three buildings.”

Robbie Bell returns to heating and plumbing sector as new CFO of Highbourne Group

Northants-based Highbourne Group has appointed Robbie Bell, who spent almost 10 years in a similar role at Screwfix earlier in his career, as its new CFO.

Robbie replaces Interim CFO Harvey Ainley and begins work immediately for the UK leader in the plumbing, heating and renewable energy market.

Highbourne’s brand portfolio includes some of the biggest names in the sector, including City Plumbing, The Bathroom Showroom, PTS, DHS, The Underfloor Heating Store, Plumbworld and PlumbNation.

CEO Dave Evans said: “We are delighted to welcome Robbie Bell to our Senior Leadership Team. We believe he is the perfect appointment as we look to lead industry change and continue to grow our business. Those are things that require an experienced CFO capable of making a big impact, and Robbie brings this.”

Robbie joins from Holland & Barrett, where he was also CFO, having held similar roles at Welcome Break and a number of large retailers.

During his time at Screwfix, he saw trade counters grow from 50 to 600, overseeing sales growth of over £1bn.

He said: “It’s an exciting time to be re-joining the sector and I’m looking forward to supporting Highbourne in their strategic ambitions.

“I have already been impressed by Highbourne’s business plans and by CEO Dave Evans, HIG Capital and the Senior Leadership Team.”