Housebuilder submits plans to deliver £78m, 275 new home development in Duckmanton
Housebuilder Honey has submitted plans to deliver a £78m, 275 new home development on a 41-acre site in Duckmanton.
The proposed site, which will be called Pearl, is located on Tom Lane on the outskirts of Duckmanton and is adjacent to the M1.
Subject to planning, Pearl will comprise a mix of two-, three-, four- and five-bedroom homes and will include terraces, semi-detached and detached properties.
If given the go ahead, work at Pearl is anticipated to start in February with the first residents expected to move into their new homes in spring 2026.
The 41-acre site has been allocated for development by Chesterfield Borough Council as part of the Chesterfield local plan to deliver 4080 homes by 2035.
Since being launched in October 2022, Honey has secured 19 sites across Yorkshire and the East Midlands that will deliver 2,349 homes and a combined gross development value of £665m.
The housebuilder is backed by private equity firm Alchemy Partners and its Alchemy Special Opportunities Fund IV which has £937m of fully committed capital.
Honey chief executive officer, Mark Mitchell, said: “Our proposed development will provide much needed new homes for people living in, or wanting to move to, Duckmanton at a range of price points.
“Duckmanton is an excellent location for us to execute our vision of delivering high specification, sustainable homes within a well thought out development to further enhance local communities.
“We have designed a range of house types that combine style, substance and sustainability. This ensures our buyers, and the wider community in which we build, benefit from a high quality development.
“We are excited by the opportunity to make our vision for our development a reality and we now look forward to Chesterfield Borough Council considering our plans for the site.”
Chesterfield’s Superior Wellness expands global presence with acquisition of European hot tub manufacturer
Superior Wellness, the Chesterfield-based manufacturer and distributor of hot tubs and wellness products, has acquired the ongoing trading business of Portcril, a well-established Portuguese hot tub company.
This strategic move marks a significant milestone in Superior Wellness’s ambitious growth strategy.
With a robust network of over 500 partners worldwide, Superior Wellness is the parent brand of some of the best-selling hot tub, ice bath, and sauna brands, including Platinum Spas, AquaSolus, HEKLA, and Chill Tubs.
“We are incredibly excited to welcome Portcril into the Superior Wellness family,” said Rob Carlin, Managing Director of Superior Wellness. “Portcril has a strong legacy in the hot tub industry, and we look forward to working closely with José and Diogo, from the founding family and current Executive Directors of Portcril, to build on their success.
“This acquisition not only strengthens our product portfolio but also allows us to continue delivering exceptional products and services to our customers, with the addition of a European production facility and operating base to our global network of manufacturing and operational facilities.”
Gareth Ward, Global Sales Director of Superior Wellness, shared his excitement about the new European facility: “I’m thrilled to announce the acquisition of Portcril, the renowned European hot tub manufacturer!
“After spending time at their facility and working closely with their team over the past few months, I’m incredibly excited about this significant milestone for Superior Wellness. This acquisition represents a major achievement for all involved and marks a huge step forward for our company.”
As part of the acquisition, all 44 employees of Portcril will retain their full-time employment and have their continuing employment rights honoured.
José and Diogo Teixeira, the Executive Directors of Portcril, expressed their enthusiasm for the future: “Joining forces with Superior Wellness is an exceptional next step for us. We are confident that this partnership will allow Portcril to thrive for many more decades, and we are excited to be part of such a dynamic and forward-thinking company.”
Maven appoints Investment Manager for East Midlands
Maven Capital Partners has appointed Paul Davis as Investment Manager in the East Midlands, where he’ll lead on deal origination and execution, with a focus on deals and opportunities for MEIF II Debt Finance East and South East Midlands.
Paul has more than 17 years’ experience within the business and commercial banking sector, and has worked for several major high street banks and alternative lenders including Barclays, Allica Bank, Metro Bank and The Co-operative Bank. His deal experience spans a wide variety of industry sectors, particularly in the manufacturin.
Paul will lead on sourcing and executing deals in the South East Midlands, as Maven continues to back ambitious and entrepreneurial companies across the region.
Maven has a long-established deal team operating in the Midlands, and earlier this year was appointed as Fund Manager for the initial £46 million debt fund for the East and South East Midlands, part of the overall £400 million Midlands Engine Investment Fund II. The new addition to the growing team underscores Maven’s commitment to nurturing innovative businesses across the Midlands and driving their growth to realise their full potential.
MEIF II Maven Debt Finance has already announced a number of new deals into local businesses including Advance Tapes, a Leicester-based independent manufacture of specialist adhesive tapes, and Nottinghamshire specialist logistics and trackway installation provider DUKE Distribution.
He said: “I am proud to join and be part of the MEIF II team, as it’s really rewarding to support SMEs operating in the same area I live. I’ve grown up seeing local businesses thrive and create new employment opportunities and I get great enjoyment in knowing I’ve had a small part to play in growing the South East Midlands economy.”
Legal community urged to become Star Trust advocates
Fishers Solicitors, which recently opened a new office at Oberoi Business Hub in Pride Park, has become the first local law firm to pledge support for a new fundraising initiative across Derby and Derbyshire, launched by East Midlands charity, Star Trust – The Charitable Entrepreneurs.
Derby entrepreneur Kavita Oberoi OBE, who is a patron of the Star Trust and managing director of Oberoi Business Hub, launched a local monthly pledge scheme across Derby and Derbyshire earlier this year alongside the charity’s co-founder Steve Hampson.
They invited the local business community to pledge a monthly amount from £50 upwards, which will be ring-fenced and then donated to SME charities across Derby and Derbyshire who apply for much-needed funding to improve the lives of people in their local communities.
Oberoi Business Hub are also gold patrons of DDLS and are appealing to the other local law firms to follow suit and support Star Trust with monthly pledges.
Fishers Solicitors’ co-director and head of Commercial Property, Ian Riley, explained: “When we learnt more about the Star Trust from Kavita, we recognised the value of supporting local charities across Derby and Derbyshire having just expanded our own reach on Pride Park.
“This is a very straight forward and highly effective way for businesses to ensure that the money they raise and donate supports those who most need it as Star Trust handle all the applications from charities and due diligence and more importantly it goes back to our local community.”
Fellow co-director Donna Ennis continued: “The Star Trust is a very well organised organisation which supports some incredibly worthwhile local charities. We hope that other law firms in the region follow suit and support this important initiative.”
Kavita Oberoi added: “Star Trust raises over £100,000 a year from their annual ball and motoring days which is then deployed within weeks to charities that have applied.
“When I joined as a patron, I was keen that we look at ways to generate funds throughout the year so that charities can benefit from our support when and where they most need it.
“I knew from experience that the Derby business community would get behind such a worthwhile cause and it is wonderful that Fishers Solicitors, who are part of the Oberoi Business Hub community, have pledged their support in this way.
“My plea is that other local law firms come together as a collective to make a real positive difference in their local communities and I am happy to discuss this with anyone interested in this fantastic opportunity.”
Star Trust co-founder Steve Hampson concluded: “Fishers Solicitors join a growing community of companies across the East Midlands who support the Star Trust – safe in the knowledge that their generosity is translated into real support for real people in the heart of our local communities.”
Since its launch 11 years ago, the Star Trust has supported 120 charities with a total of £886,000 and has directly touched the lives of more than 80,000 people in the East Midlands area.
East Midlands entrepreneurs fight back as start-ups rise and cashflow improves
East Midlands entrepreneurs are fighting back against current economic challenges with a rise in start-ups in the region and a decrease in the amount of businesses in liquidation with outstanding debts.
This is according to the Midlands branch of national insolvency and restructuring trade body R3 and is based on an analysis of data from business intelligence provider Creditsafe.
R3’s figures show a month-on-month increase of 16.6% in the number of companies set up in the East Midlands in October, rising from 2145 to 2500, while the number of businesses in liquidation in the region who owe money to their creditors has fallen by 29.1%.
R3 reports, however, that insolvency-related activity in the East Midlands – which includes liquidator and administrator appointments as well as creditors’ meetings – has risen by 29.2% over the same period, but this increase should be taken in context.
R3 Midlands Chair Stephen Rome, a partner at Penningtons Manches Cooper in the region, said: “The increase in insolvency activity, coupled with latest national statistics from the Insolvency Service, suggest directors are seeking early professional advice – a key campaign focus for R3.
“The indications are that there are more companies that have the potential to be rescued via a sale out of Administration, which is the preferred outcome for members of the profession.
“Without doubt, we continue to experience an unstable economic backdrop, but if business owners can get help at the first sign of a signifiant problem – such as late customer payments, low working capital and rising overhead costs – the more likely it is that a company can be rescued and returned to profitability.
“Many R3 members offer a free initial consultation to those who wish to explore their options.”
Listed Midlands companies record nine profit warnings in Q3 2024
Listed companies in the Midlands issued nine profit warnings in Q3 2024, three more than the previous quarter, according to the latest EY-Parthenon Profit Warnings Report.
Nationally, UK-listed companies issued 84 profit warnings between July and September 2024, the highest quarterly total for two years.
The report found that profit warnings from UK-listed companies rose 11% compared with Q3 2023, and the proportion of companies that have issued a warning over the last year now stands at 19.2% – the highest rolling 12-month percentage since the pandemic and, before that, since 2001.
Leading factors behind Q3’s profit warnings included contract and order cancellations or delays, cited in 38% of warnings, the highest percentage for this reason in 15 years. Falling sales also triggered a third (33%) of the quarter’s warnings.
Jo Robinson, EY-Parthenon Partner and UK&I Turnaround and Restructuring Strategy Leader, said: “Uncertainty has been a persistent feature of the business environment for several years now but, unusually, this latest surge in warnings wasn’t preceded by a sudden economic downturn or one-off event.
“This uncertainty seemed to intensify over the summer as companies awaited the new Chancellor’s Autumn Budget and US election and were also affected by ongoing heightened geopolitical tensions. The latest profit warning data gave us a real-time indicator of this shift in business sentiment and the impact this can have on company earnings.
“Time will tell whether this rise in profit warnings is a temporary spike or indicative of a longer-term trend, but against a volatile macroeconomic and policy backdrop, coupled with profound changes in technology and consumer behaviour, abrupt adjustments to earnings expectations appear increasingly likely.
“In this environment, companies and their stakeholders must be vigilant in proactively identifying and addressing emerging issues before they escalate. The restructuring landscape may be rapidly evolving, with innovation often offering opportunities for value preservation, but prompt action is still crucial to secure the best possible range of outcomes.”
Industrials and technology lead the rise
The FTSE sectors with the highest number of profit warnings in Q3 were Industrial Support Services – which encompasses business service providers, industrial suppliers and recruitment companies – with 10 warnings issued, and Technology Hardware & Equipment, with eight.
Customer reluctance to commit to new contracts and orders was particularly pronounced in the Industrial and Technology sectors, where over 90% and 70% of the warnings, respectively, were related to either lower orders or contract delays and cancellations.
In the Midlands, warnings were spread across a number of FTSE sectors, including Beverages, Industrial Engineering, Industrial Metals and Mining, and Retail. Companies operating within FTSE Industrials sectors issued the highest number of warnings (four), making up 44% of the region’s total warnings in Q3 2024.
Dan Hurd, EY Partner, Turnaround and Restructuring Strategy based in Birmingham, said: “The industrial sector in the Midlands is heavily reliant on business and public sector spending, making it particularly vulnerable to economic uncertainty and cost-cutting measures.
“With nine warnings issued so far this year, companies in the region have been grappling with a drop in sales, budgetary pressures and, as reported again in Q3, challenging negotiations with customers.
“The 64% quarterly rise in industrials profit warnings nationally also reflects the pressure we’ve seen in the automotive sectors in the Midlands. Demand in the sector is under greater pressure, with annual car sales in Europe still materially below pre-pandemic levels, and OEMs having to navigate regulatory requirements to increase the mix of electric vehicle sales.
“This is having a disruptive impact on the automotive supply chain, and the OEMs are now also facing the additional challenge of having to keep an eye on the resilience of their dealer networks.”
Midlands job vacancies fall more quickly in October
The latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, indicated that the Midlands saw accelerated declines in demand for staff at the start of the final quarter of the year, with temporary vacancies down to the largest extent since the COVID-19 pandemic.
Temporary billings continued to rise, however, in contrast to a further reduction in permanent placements. On the pay front, permanent salary inflation softened while there was a renewed increase in wages for temporary staff.
The KPMG and REC, UK Report on Jobs: Midlands is compiled by S&P Global from responses to questionnaires sent to around 100 recruitment and employment consultancies in the Midlands.
Sharpest fall in permanent placements since January
October data pointed to a sharp and accelerated reduction in permanent placements in the Midlands, thereby extending the current sequence of decline to five months. Moreover, the rate of contraction was the fastest since January. According to respondents, market uncertainty meant that companies were often reluctant to hire at present.
The reduction in permanent placements in the Midlands was sharper than the UK average. The steepest reduction overall was in the South of England, with the slowest decline in London.
In marked contrast to the picture for permanent placements, temp billings continued to rise in the Midlands during October. Moreover, the rate of expansion was solid and faster than in September. Temp billings have now increased in each of the past seven months.
The North of England was the only other region to see temp billings rise, with the Midlands posting the sharpest expansion overall.
Demand for both permanent and temporary workers declined during October, and to larger extents than was the case in September.
Permanent vacancies fell particularly sharply, with the rate of contraction the most marked since January 2021. Only the South of England posted a steeper fall than the Midlands.
Demand for temps was down for the second month running, and at the fastest pace since the opening wave of the COVID-19 pandemic in mid-2020.
Sharp increase in permanent candidate numbers
Redundancies meant that permanent staff availability increased sharply again in October. The number of candidates rose for the nineteenth month running, albeit at a slightly softer pace than in September.
Higher candidate numbers were seen across each of the monitored regions, led by London. The slowest increase in permanent staff availability was recorded in the Midlands.
The rate of increase in temporary candidate numbers quickened markedly during October and was the strongest since November last year. The rise in the Midlands was the second-largest of the monitored English regions, just behind the capital.
As was the case with permanent staff, the rise in availability of candidates for temporary positions was mainly due to redundancies.
Permanent salaries continue to rise markedly
As has been the case on a monthly basis since March 2021, starting salaries for permanent workers in the Midlands rose in October. Panellists reported that the increase often reflected the placement of candidates into senior roles.
The rate of inflation was marked and by far the sharpest of the four monitored English regions, despite easing from the previous survey period. Modest increases were seen elsewhere.
After having dropped for the first time in almost four years in September, hourly pay rates for temporary staff increased in October. Moreover, the solid rise was the fastest since June.
As was the case with permanent starting salaries, the increase in temporary pay rates in the Midlands was the sharpest of the English regions covered. The softest rise was in the South.
Kate Holt, People Consulting Partner at KPMG in the Midlands, said: “October’s figures recognise the challenges facing the Midlands’ labour market, as demand for both permanent and temporary staff continues to fall.
“That said, it’s likely that many firms in the region will have eased off on recruitment until the outcomes of the Autumn Budget were known.
“The increase in National Insurance announced by the Chancellor provides a further cost consideration for management teams but we would hope to see more firms in the Midlands looking to enact their recruitment plans for 2025 with the table now set.”
Commenting, Neil Carberry, REC Chief Executive, said: “These figures are a timely reminder that demand from employers for new staff has weakened since the election – though the overall picture in the UK remains resilient by comparison to pre-pandemic.
“There is a positive sign in this month’s data with temp billings going up faster than September and now having increased in each of the past seven months in the Midlands. But things now stand in the balance – firms need to be persuaded to invest, with recent changes to NI thresholds, the minimum wage and prospective changes to employment law all causing concern.
“Firms will be looking for the Government to deliver a clear, stable growth plan and detailed regulatory changes that enable firms rather than put them off over the next few months. Temporary work in particular is a fantastic way of helping people take steps out of inactivity, and the threat of new employment laws undermining opportunities for workers must be addressed.
“There is little in the pay data, with salary rises in the Midlands easing from the month before, that suggests the Bank of England should step away from further cuts to interest rates, which will also boost business confidence. And data on shortage sectors is a timely reminder that delivering on a skill strategy that is aligned to business needs is one of the biggest things Government and businesses could achieve working together.”
BDO makes over 160 Midlands promotions, including two new partners
Accountancy and business advisory firm BDO LLP has promoted 169 people across its Midlands offices, including two promotions to partner.
BDO has promoted 136 people in its Birmingham office, with a further 33 promotions in Nottingham. Nationwide, the firm has promoted over 2,400 of its people, including 36 new partners.
As part of the audit leadership team in the Midlands, new audit partner Cindy Hrkalovic has extensive experience in delivering high-quality audits and business assurance services to large private, private equity owned, and listed audited entities across a range of industries.
She has more than 20 years’ experience and is also Head of Food and Drink at BDO, leading the firm’s strategic development in the sector.
Meanwhile, new business restructuring partner Ben Peterson is a licensed insolvency practitioner with 25 years’ experience across a broad range of restructuring and insolvency work.
He specialises in both contentious insolvency and assignments within the manufacturing sector, leading the Business Restructuring stream’s food and drink manufacturing team. He has dealt with a number of complex and high-profile insolvencies in recent years.
Kyla Bellingall, Regional Managing Partner at BDO in the Midlands, said: “Cindy and Ben have both demonstrated exceptional skills and dedication in their fields, and their promotions reflect both their achievements and our confidence in their leadership to drive growth for the Midlands region.
“This latest round of promotions reinforces our commitment to investing in our people, whose expertise and dedication are key to our long-term success. Congratulations to all 169 of our new promotees, who have each shown talent and hard work and richly deserve this recognition.”
Free training set for East Lindsey businesses
PAB Sema4 has been allocated extra funding to support additional Lincolnshire businesses after the success of its Global Gateway Programme.
The scheme – designed to amplify growth across Lincolnshire’s business community by equipping local companies with essential skills for international success – surpassed outcome targets and received fantastic feedback from customers.
Now the programme is receiving extra funding to support businesses in East Lindsey – and organisers are calling for local companies to come forward to take advantage of it.
E-commerce & Marketing Specialist Advisor at PAB Sema4, Nigel Garner, said: “Leveraging a rich foundation of academic insight, hands-on expertise, and cross-disciplinary research, this programme is designed to equip people with practical competencies required to excel in the international arena.
“Ideal for professionals overseeing multicultural teams within logistics or manufacturing, those immersed in the intricacies of sales and marketing, or navigating the complexities of international markets, Global Gateway offers strategies and tools to enhance effectiveness in a global setting.”
Funded by the UK Shared Prosperity Fund, the programme is free to eligible businesses in East Lindsey and is designed to boost economic growth and community development.
Intercultural Communication Trainer and Advisor at PAB Sema4, Iwona Lebiedowicz, said: “We are delighted to offer this exciting programme of courses for professionals, giving them the opportunity to harness the latest research, innovation and thinking that the PAB Sema4 team has to offer.
“Across the UK, many people work in cross-cultural settings, engaging with remote or international teams. However, the messages we send are not always the messages received, as national culture influences our thoughts, behaviours, and communication methods.”
Research indicates that poor customer service costs UK businesses over £37 billion annually, as dissatisfied customers switch to competitors or discontinue services.
According to PwC, 59% of UK consumers would stop doing business with a company after several bad experiences, and 17% would switch after just one poor experience. Retaining customers is significantly less expensive than acquiring new ones, so poor service has a direct, negative impact on long-term profitability and customer acquisition costs.
The Global Gateway Programme supports businesses in East Lindsey by enhancing their capabilities and ultimately driving regional economic growth and fostering strong community ties.
Through comprehensive training in areas such as e-commerce localization, multicultural marketing, and intercultural communication, the Global Gateway Programme empowers professionals to lead diverse teams, engage effectively with international clients, and navigate the complexities of global markets.
East Lindsey Councillors Steve Kirk, portfolio holder for The Coastal Economy, and Adam Grist, portfolio holder for Market Towns and Rural Economy, said: “East Lindsey District Council is excited to support PAB Languages in delivering this interesting programme of courses for professionals through the UK Shared Prosperity Fund.
“This programme will give those who access it the opportunity to grow and, in turn, aid many individuals to receive support, especially people who work in cross-cultural settings, enhancing their knowledge.
“This has the intended aim of supporting those in employment to become confident in dealing with international trade and international markets, supporting East Lindsey’s drive to get our businesses exporting.”
The training begins in December 2024.
Derby manufacturer and supplier to the rail industry sold to Swedish group
Tidyco, a Derby-based manufacturer and supplier of hydraulic and pneumatic products and assemblies to the rail industry, has been sold to Swedish-based Indutrade AB.
Indutrade is an international technology and industrial business group based in Sweden that operates through more than 200 subsidiaries with some 9,600 employees in more than 30 countries across six continents.
Tidyco has been at the forefront of the rail sector for over 50 years. Tidyco offers a broad range of products and assemblies, as well as the provision of overhaul services of specific systems to the UK rail industry.
There is a strong focus on the aftermarket of rail rolling stock, but Tidyco also serves other industrial segments with its core offering such as the design and supply of commercial HVAC solutions and mobile hydraulic hose replacement.
Dains provided support throughout the transaction, including the provision of corporate finance advice, accounting support and tax services.
The deal was led by Roy Farmer, Head of Corporate Finance at Dains, and supported by Lisa Richards, Constance Host and Brendan Shea, working closely with the Tidyco team to navigate the complexities of the sale. Tax support was provided by Adam Longmore and Rebecca Jones. Flint Bishop, led by Martyn Brierley, acted as the sell-side legal advisers, contributing to the smooth execution of the transaction.
James Tidy, Managing Director of Tidyco, said: “Having recently completed the sale of Tidyco with Roy Farmer, I want to express my sincere gratitude to the team at Dains. The whole process took approximately five months from start to finish.
“I took full advantage of the Dains ‘one-stop shop’, benefitting from their expertise in business pre-sale preparation, IM production and analysis, sales negotiation, tax advice, integration with legal advisers, accountancy, audit, and most importantly, delivering the deal.
“It has been a pleasure working with Roy. From a seller’s perspective, I have felt in safe hands all the way. There was never any drama—just cool, methodical, sensible, and measured responses backed up with sound facts and input from my business.”
Roy Farmer, Head of Corporate Finance at Dains, said: “We are delighted to have advised James and the team at Tidyco on this significant milestone. Tidyco is a fantastic business with a strong reputation in the rail industry.
“By identifying Indutrade as a strategic buyer early in the process, we were able to secure a deal that aligns with Tidyco’s values and future aspirations. Achieving a pre-Budget completion was important for James, and we’re pleased we could deliver this. We wish James and everyone at Tidyco continued success under Indutrade’s ownership.”
Martyn Brierley, Head of Corporate & Finance at Flint Bishop, said: “We’re delighted to have advised the shareholders on this significant transaction. The legal process was completed within a tight 3 week timescale, which included a pre-sale re-organisation.
“We worked tirelessly night and day to see this transaction was closed ahead of the budget, saving the shareholders a significant sum given the following increases to capital gains tax.
“The acquisition not only highlights Tidyco’s strong market position but also aligns perfectly with Indutrade’s strategic vision for growth and innovation in the rail sector. We are proud to have facilitated a smooth but accelerated transaction that sets the stage for Tidyco’s continued success under Indutrade’s ownership.”
Work begins on affordable homes in South Normanton
Representatives from emh group, Bolsover District Council and developers Owl Partnerships recently met to celebrate the start of work to build new affordable homes in South Normanton.
The Meadow is being developed on land to the rear of Red Lane in South Normanton, and will provide 52 new, mixed tenure, affordable homes. This includes 28 homes for social rent and 24 for shared ownership, with a mix of 1-bedroomed maisonettes, and 2-, 3- and 4-bedroomed semi-detached and detached family homes.
Chan Kataria, Group Chief Executive at emh, said: “We’re delighted to have joined our partners at Bolsover District Council and Owl Partnerships to celebrate the start of work on this exciting new scheme.
“We’re proud of our close partnerships which allow us to develop high quality, affordable homes, enabling local people to meet their housing aspirations. We look forward to seeing the development progress in the coming months.”
Local councillor for South Normanton, Emma Stevenson said: “We know there is a shortage of houses across the country and the range of properties on this development will certainly meet a need in the local area. The rented accommodation that will be available is also a welcome addition, enabling us to assist people with social housing.”
Bolsover District Council Leader, Councillor Steve Fritchley backed this sentiment by saying: “We have made no secret that one of our main ambitions is to build more housing. Our population is growing and we have to provide good quality housing for them to be able to live in, not just private homes but good quality affordable social housing as well and this development ticks all these boxes.”
The homes, developed by Owl Partnerships, have been designed to reflect the character of homes in the local area, and with sustainability in mind.
Andrew Browne, Land & Partnerships Director at Owl Partnerships, said: “Owl Partnerships are delighted to be working with the emh Team to bring forward the delivery of these much-needed affordable homes to South Normanton.
“We are dedicated to delivering quality, energy efficient homes that meets the needs of residents. We look forward to welcoming families into their new homes soon.”
It is anticipated that the first homes will be available in summer 2025, with the scheme being completed in winter 2026. All homes will be provided by emh group, who will manage the sale of the shared ownership homes. Once completed, the rented homes will be available through Bolsover District Council’s housing register.
Homes get green light on historic Derby mill site
Planning permission has been granted for the £3m conversion of a dilapidated Victorian mill in Derby into 64 apartments.
Derby City Council has approved the application for conversion of the former Osmaston Works building, in Osmaston Road, which was formerly home to adult swingers’ club The Attic.
Nottingham-based Swish Architecture submitted the planning application on behalf of mill owner ALB Group to fully regenerate the site, creating housing for the area.
In addition to the planned 64 one- and two-bed apartments, ALB Group will be refurbishing a two-bed terraced home on the site, incorporating a gym on the ground floor of the three-storey mill building and adding residents’ parking bays.
The development, which is expected to be completed by next summer, represents phase one of a two-phase project. The second phase, which is yet to be registered for planning, involves the construction of a stand-alone apartment block of around 40 units with associated parking.
Arran Bailey, managing director of Nottingham-based ALB Group, said: “Together with Swish Architecture, we have worked extremely closely with the team at Derby City Council to agree a scheme that will really benefit this area of Derby.
“We’re delighted that our plans have been approved and look forward to delivering this much-needed housing – as well as creating a much brighter future for this impressive piece of Derby’s industrial heritage.”
Remedial works have already begun on the ground floor of the imposing mill building under a ‘permitted development’ agreement that had previously been granted.
Nottingham-based Hallsgrove Construction Limited has been appointed as the main contractor for the project.
The refurbishment of the main mill building will include the installation of new aluminium double-glazed windows to the front elevation, to ensure the end-result is in keeping with the existing heritage while providing an essential modern thermal upgrade.
ALB Group is no stranger to reclaiming and regenerating large-scale historical buildings that have fallen into disrepair.
In recent years it has successfully transformed Draycott’s Victoria Mill into 73 luxury apartments.
The firm has also submitted a planning application for the £4m refurbishment and restoration of the historic Bridge Mills complex in Long Eaton.
Having purchased the site more than three years ago, ALB Group is now seeking to convert the space that has, up to now, been occupied by businesses into 82 residential apartments. It will continue to offer short-term lets to businesses while the planning process is underway.
ALB Group is also behind the transformation of Nottingham’s Bridlesmith Gate, having purchased more than a dozen buildings in the street, now filled with a mixture of new business tenants.
Arran said: “Many developers are fearful of taking on historic building conversions, as it is so much easier to create new-build schemes. But we are determined to protect the amazing heritage of our local towns and cities – and it’s a genuine buzz for us when we see our work breathe new life into these often run-down areas.”
First Bus and Centrica choose Leicester to launch new EV charging partnership
An event at the First Bus depot in Leicester has launched a new partnership between the company and Centrica under which Centrica will get access to First Bus’ rapid electric vehicle charging infrastructure at bus depots nationwide.
This new deal sees Centrica join the ranks of Openreach, DPD and Police Scotland, plugging into this shared infrastructure initiative from First Bus. The initial phase of the partnership will enable Centrica to charge a selection of its EV fleet at First Bus’ Leicester depot while buses are out on the road in service. This allows Centrica engineers to cover more ground, reduce their environmental impact, and dedicate more time to the needs of their customers. The partnership then has the potential to extend to further depots across the bus operator’s UK infrastructure in the future. Centrica currently has more than 3,000 electric vehicles in its fleet but its aiming to convert all its diesel vehicles to zero-emissions by 2030. Rob Simister, Director of Fleet Operations at Centrica, said: “As we continue to electrify our fleet, we’re always looking for innovative ways to0 addresssoem of the operational challenges that come with such a large transition. This partnership with First Bus will mean were more effective at getting to our customers, while speeding up the rollout of our electric vehicles.”Ceremony marks opening of new Construction Skills Centre at Nottingham College
The new £5.4m Construction Skills Centre (CSC) at Nottingham College is now complete and open for students, as marked with an official handover last week.
The CSC is a new build specialist centre offering flexible teaching and learning facilities that will support the curriculum and estate objectives of the college, meeting the growing need to provide training for construction skilled trades in the local area. Delivered by midlands contractor, G F Tomlinson, the CSC will act as a critical educational facility meeting the rising demand for post-16 sector education. The scheme was procured through Pagabo’s Medium Works framework managed by Pagabo on behalf of contracting authority The Education Alliance. The building is designed to align with the Department for Education’s (DfE) output specification and support the sustainability ambitions of Nottingham College, working towards becoming carbon zero by 2030. The 1,500m² building comprises a large double height construction trades workshop, as well as additional classrooms, a smaller modern construction workshop and associated staff and support facilities. The handover was a great opportunity to highlight the modern facilities the CSC has to offer, helping to support Nottingham College’s commitment to improving vocational education and training for its students. The scheme is the first of two major new additions to the college portfolio that G F Tomlinson has worked on this year, the contractor is also close to completing a new centre for Students with Learning Difficulties and/or Disabilities (The Gateway) – a new two-storey building comprising 13 classrooms, a teaching kitchen, dining area and ancillary spaces, as well as associated external works which is due for completion in December this year. As part of G F Tomlinson’s commitment to delivering social value, a total of £1.8 million social value-added was provided on the scheme, calculated using specialist social value tool, Loop. Activities included including organised site visits, regular newsletters and career talks with students from nearby schools. 1,669 apprentice hours, 44.5 apprentice weeks and 779 student engagements were also provided by G F Tomlinson’s construction ambassadors. The company also partnered with Nottingham College earlier in the year and hosted a two-day workshop for their construction students. Using materials kindly donated by Vision Joinery, the students learned valuable carpentry skills by designing and building bird boxes. The workshop not only enhanced the students’ practical abilities but also aligned with joint sustainability goals by supporting local wildlife. 79% of local labour was sourced within a 20-mile radius and 81% local spend within 20 miles of the site. Other sustainability initiatives on the project involved the installation of 60 PV panels, three air source heat pumps and the achievement of 100% waste recycled and diverted from landfill, contributing positively to the local environment and national carbon net-zero agenda. Adrian Grocock, Managing Director of G F Tomlinson, said: “We are delighted to be involved in the development of this major scheme for Nottingham College, building on our extensive education experience through the Pagabo framework. This project is crucial in addressing the growing demand for skilled trades training in the local area and the centre will not only support the college’s curriculum but also play a pivotal role in upskilling the local workforce to meet the needs of the construction sector within the region.” Carl Ara, Assistant Principal at Nottingham College Basford Campus, said: “A project of this scale was ambitious, making it incredibly satisfying to see it come to life. Watching our students learn and grow in this new space is truly rewarding, and these facilities will elevate our training programmes, empowering young people and adults across the city to excel in full-time study programmes and apprenticeships. “G F Tomlinson has done an exceptional job – completing a project of this magnitude on a busy campus was no small feat. The builders also provided invaluable experiences for our construction students, from site tours and industry talks to hands-on work placements. “As demand for skilled construction workers rises, especially in housing, transport, and renewable energy, our new CSC enables us to equip the next generation with the skills they need for the future.” Adam Brumfitt, Midlands regional delivery manager at Pagabo, commented on the collaboration: “The Construction Skills Centre is poised to significantly enhance the educational experience for students and staff alike, and we are proud to have contributed to its development by ensuring the compliant appointment of GF Tomlinson as main contractor. With the use of social value tool Loop, it’s fantastic to see the bigger impact that this project has had on its local community too.”Steel frames in place to extend business premises at Calverton
A development of four new industrial units in Calverton, to the north east of Nottingham, has reached a major milestone, with the steel frames now in place.
The new units are being built by Lindum Group for Gedling Borough Council to meet growing demand for commercial space at Hill Crest Business Park.
Lindum Construction Manager Simon Hope said: “It’s great to be working with Gedling Borough Council on another project.
“These new facilities will enable local businesses to thrive by giving them a base of operation in an already popular estate. It also offers opportunities to local people by creating new jobs in Calverton.”
The existing car park will be extended to 41 spaces to accommodate space for tenants of the new units and existing businesses. There will be four disabled access bays and two EV chargers.
Facilities will include a total 194m2 of photovoltaic (PV) panels for renewable electricity generation, and a new bio-diverse planting scheme, in alignment with Gedling Borough Council’s net-zero carbon ambitions.
Councillor Jenny Hollingsworth, Portfolio Holder for Sustainable Growth and Economy at Gedling Borough Council, said: “We’re pleased to be working with Lindum on the construction of four additional industrial units at the popular Hill Crest Business Park.
“The delivery costs for the extension of this project are supported by D2N2 LEP with grant funding alongside the UK Government Shared Prosperity fund (UKSPF) and further capital funding by Gedling Borough Council.
“These eco-friendly developments provide valuable opportunities for small and medium-sized businesses to thrive and offer employment to the local community.”
Businesses in the park’s eight existing units include a machinery manufacturer, directory publisher, shopfitting contractors and a facilities management company.
Quantum Development Finance provide £15m loan funding for Wavensmere’s Milford Mills in North Derbyshire
Quantum Development Finance has agreed to provide Wavensmere Homes with a £15m loan to enable the £22m redevelopment of Milford Mills, which overlooks the River Derwent, located between Belper and Duffield in north Derbyshire.
The development will comprise 69 new homes to be delivered on the historic brownfield site, which is within the Derwent Valley Mills UNESCO World Heritage Site. Accessed off Derby Road (A6) in the centre of Milford village, the redevelopment of former commercial premises will feature 42 two- and three-bedroom houses and 27 one- and two-bedroom apartments, within a four-storey building overlooking the River and Mill Lade.
With development finance in place, Wavensmere’s team is continuing to work alongside officers from the Borough Council to enable construction to commence in January.
This marks the second time Quantum Development Finance and Wavensmere Homes have teamed up to deliver brownfield regeneration within Derbyshire. Earlier this year, the London-based specialist property lender provided a £15m loan for the construction of the final phase of the £175m Nightingale Quarter scheme in Derby city centre. The ‘E6’ block incorporates 79 one-bedroom and 24 two-bedroom apartments, with a raft of green energy features.
Sam Hudson, Head of Portfolio Management at Quantum Development Finance, said: “Following the success of our initial loan at Nightingale Quarter we are delighted to continue this partnership on Milford Mills. At Quantum Development Finance we pride ourselves on building long-standing relationships, especially with one of the leading regeneration specialists in the UK.
“The former 18th Century cotton mill housed some of the world’s first mechanised industrial spinning factories. This highly unique project will incorporate retention of historic features, including the Mill Lade that now feeds a hydroelectric power plant downstream, along with the repair of all original stone boundary walls. We look forward to witnessing the transformation of this brownfield site into attainable family homes, and it is testament to Wavensmere Homes that both sites also have strong sustainability credentials.”
Surfacing company invests to improve Leicester’s roads
A Leicester-based company is leading the way in safer road surfacing following a year of business investments. The company is raising awareness of the importance of safe road surfaces this Road Safety Awareness Week (17-23 November).
HMS Decorative Surfacing has invested heavily in its resurfacing services over the past year, including doubling its team of workers, to cater for the growing demand for road repairs across the country.
This comes as the so-called ‘pothole plague’ was addressed in parliament last month during the Chancellor’s Budget speech, with £500m pledged towards improving Britain’s roads.
The AA recorded over 600,000 pothole related call outs last year and the RAC reported a 53% increase in road surface related breakdowns in the first quarter of 2024 compared to 2023. According to Cycling UK, 255 cyclists have been killed or seriously injured due to unsafe road surfaces since 2017 and 70 motorcyclists will die or suffer injuries every single year.
HMS has appointed new Surfacing Operatives, an Administration Assistant and invested in two new surfacing trucks. It has also worked towards upholding its BBA (British Board of Agrémen) accreditation, to keep up with the increasing number of reported potholes across Leicester and beyond, and ensure all repairs meet rigorous standards for quality, durability and safety.
Laura Wilson, Director at HMS Decorative Surfacing commented on the business’ growth. She said: “The need for effective and long-lasting road repairs has become increasingly evident over the past couple of years, as we’ve seen the number of pothole related accidents and breakdowns skyrocket. This Road Safety Week, we want to highlight the need for safer road surfacing in the UK to keep people safe and save lives.
“As a business we’ve seen this demand and so anticipated the labour government’s pledge to make improvements within the Autumn Budget. We’ve made many strategic decisions to support this; from doubling our numbers working on the ground, to growing our admin team and investing in new vehicles so we can extend our services.
“I’m really proud of how far we’ve come this year, and with this extra government funding, we now look to the future of HMS – aiming to grow our business and offer even more resurfacing services across the East Midlands and the rest of the UK.”
Worksop company acquires importer of Italian foods
Worksop-based food and ingredient suppliers Kiril Mischeff has acquired Annessa Imports Limited, which imports supplies for the Italian retail and food service trade.
Kiril Mischeff Group MD Dimiter Mirchev said: “I would like to welcome the company and its valued staff, customers, and suppliers to the Kiril Mischeff Group family. We look forward to exploring the possibilities and exploiting the synergies that will be created in the combined Group for the benefit of all.”
Domenico Annessa, one of the founding directors of Annessa Imports Limited, says, “Along with all the Annessa Imports staff, I am looking forward to working with all the fellow members of the Kiril Mischeff Group. They are an established and well-respected business and I am looking forward to increasing and enhancing even further the product offering we bring to their customers, old and new and contributing to the future success of the Group.”
Saby Sambhi, who led the transaction for solicitors Schofield Sweeney, said “Our ability to call on specialist support from both our real estate and employment colleagues allowed us to provide a holistic and seamless service, ensuring the transaction was completed in a condensed timescale and before the Autumn Statement, which was crucial to both parties.
“We look forward to assisting Kiril Mischeff with the integration of Annessa Imports Limited into their current group structure and the implementation of their exciting growth plans.”
Hydrogen innovation earns Luxfer Gas Cylinders gold at regional manufacturing awards
A commitment to pioneering the use of hydrogen technology has seen Luxfer Gas Cylinders recognised for its innovation at the regional Make UK Manufacturing Awards – paving the way for the company to compete in the national finals in January 2025.
Luxfer Gas Cylinders – the world’s largest manufacturer of high-pressure composite and aluminium cylinders – was presented with the Make UK Midlands Innovation Award earlier this month.
Organised by Make UK, the body that represents manufacturing industry across the UK, the awards were held to mark the achievements of companies from across the Midlands.
Judges handed a gold to Luxfer Gas Cylinders in recognition of its extensive and relentless efforts to develop new systems and infrastructure to transport hydrogen safely. This has involved significant seven figure investment in R&D across teams in the UK and North America in order take advantage of what is expected to be a substantial uptake in the use of hydrogen for clean energy in the future.
Lucy Morris, Marketing Manager, Luxfer Gas Cylinders Europe, said: “We’re so proud to be recognised by Make UK, and particularly in this category, because innovation is something that is fundamental to our organisation, and specifically to our highly skilled alternative fuel experts. They are bringing to bear our decades of experience in gas containment to develop clean, green, solutions that will encourage adoption of hydrogen technology.
“It’s an exciting time for this sector, and we’re pleased to be acknowledged as a pioneer, breaking new ground and helping reformulate what’s possible in hydrogen mobility and storage.”
Chris Corkan, Region Director for Make UK in the Midlands, added: “These awards are a testament to the dynamic companies and individuals working within engineering and manufacturing. The sector remains at the heart of creating wealth in the Midlands and as we grow our economy there will be a bright future for companies and individuals that make the most of their talent.”
East Midlands businesses and property owners urged to assess risks of living walls
An insurance expert is calling on East Midlands architects, property owners and hotel or leisure venues to assess the risks associated with living walls, which may not be fully covered by standard insurance policies.
Vince Kelly of specialist insurance broker Lycetts has issued the warning as the demand for sustainable ‘vertical gardens’ grows.
“With the increasing integration of green roofs and living walls in modern architectural designs, there is a pressing need to address the fire risks linked to the materials used in these on-trend systems,” Kelly said.
“While we wholeheartedly support the move towards sustainable buildings that contribute to net zero targets, it’s crucial that safety is not compromised in the process.”
Highlighting the potential dangers, he pointed out that all cladding systems feature a backing wall with insulation and that even when cavity barriers are installed correctly, some components might still be combustible, posing a risk of fires spreading.
“To mitigate this, it’s essential that the backing wall, insulation and supporting structures – including potting, irrigation and drainage systems – are constructed from non-combustible materials wherever possible,” he said.
“The impact of severe weather events and potential water leaks can significantly affect the safety and insurability of the building, as well as adjacent structures, if the living wall is not meticulously designed, installed and maintained.”
Kelly also pointed out the unique challenges posed by green roofs.
“Unlike conventional roofs, green roofs are considerably heavier due to the additional weight of the support structure, the requisite irrigation systems as well as the plants themselves,” he explained. “Plus, the extra water retention capacity during heavy rainfall must also be factored into architectural considerations.”
To ensure the longevity and safety of these sustainable features, Kelly recommends that installers conduct extreme water tests immediately after installation to check for leaks and consider installing electronic leak detectors. Annual inspections are also advised to remove problematic plants and those developing strong, deep roots to reduce the risk of leak damage.
Furthermore, he recommends that architects and property owners engage a qualified structural engineer during the design phase to assess load-bearing capacity and ensure the building is fit to support these installations. Fall protection measures and access for ongoing maintenance should also be planned into the design to ensure safe upkeep.
“Living walls and green roofs offer numerous environmental, aesthetic and health benefits but the ongoing maintenance and repair can be a challenging and costly process,” Kelly added.
“I would urge anyone involved in a new sustainability project or retrofit that incorporates a living wall to consult their insurer during the planning stages to mitigate the risks and ensure the creation of buildings that are not only stunning and sustainable but also safe.”
