Connect with property and construction professionals at the East Midlands Bricks Awards 2023

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While nominations for the East Midlands Bricks Awards 2023 are assessed, book your tickets for the highly anticipated event taking place on Thursday 28 September. Recognising and celebrating those behind the changing landscape of our region – the very best companies, teams, individuals and projects – the event showcases the exceptional work carried out across the East Midlands over the past 12 months. The awards also present a perfect networking opportunity, with the leaders of property and construction businesses from across the East Midlands in attendance. The event will additionally feature Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, as keynote speaker. Attend the glittering awards ceremony at Trent Bridge Cricket Ground to see who takes home the title of Contractor of the Year, Developer of the Year, Commercial Development of the Year, Residential Development of the Year, Sustainable Development of the Year, Deal of the Year, Most Active Agent of the Year, Architects of the Year, Excellence in Design, Responsible Business and of course Overall Winner.

Tickets can be booked here.

The event will begin at 4:30pm and continue until 7:30pm, with additional time thereafter for networking and celebrating. Complementary drinks and canapés will be served on arrival. Dress code is standard business dress.
The overall winner of the East Midlands Bricks Awards 2023 will also be awarded a year of marketing/publicity worth £20,000. East Midlands Bricks Awards 2023 When: Thursday 28 September 2023, 4:30pm – 7:30pm Where: The Derek Randall Suite, Trent Bridge Cricket Ground Keynote speaker: Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council Dress code: Standard business attire Tickets: Available here Thanks to our sponsors:                                                             To be held at:
 

NEXT and Reiss family to acquire private equity firm’s interest in fashion brand

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Leicester retailer NEXT and the Reiss family are set to acquire the entirety of Warburg Pincus’ (WP) 34% interest in the Reiss Group (Reiss) for £128m on a fully diluted basis. Upon completion of the transaction, expected to take place in mid-October, NEXT’s holding in the Reiss business will increase from 51% to 72%. The Reiss family’s holding will increase to 22% and the Reiss management team will hold 6% equity in the business. Following completion of this transaction, Reiss’s results will be consolidated into the NEXT plc accounts. The news follows a period of strong continued growth for Reiss under the leadership of CEO Christos Angelides, who will remain in that role. Christos previously worked for NEXT for 28 years, serving 14 years on the NEXT plc Board as Group Product Director. Reiss will continue to retain its own Board of Directors, Reiss management will retain autonomy and creative independence and the business will continue to be headquartered in London. Reiss’s websites and online operations, both in the UK and overseas, remain contracted to NEXT through NEXT’s Total Platform. In the year to 28 January 2023, Reiss achieved total sales of £324.6m, an increase of 26.4% on the prior year. Profit before tax in the same period was £51.6m, an increase of 50.5% on the prior year. Simon Wolfson, NEXT Chief Executive, said: “Reiss has performed exceptionally well since we first invested in March 2021. This success has been driven by the strength of its brand, first class management and the benefits of Total Platform; we look forward to continuing to develop the business with Christos and the Reiss team. “Warburg Pincus has been an excellent partner throughout the term of our investment and we have enjoyed working with them during the last two years.” Adarsh Sarma, Managing Director, and Rianne Schipper, Principal, Warburg Pincus, said: “Warburg Pincus is proud to have supported Reiss through its growth journey since 2016. “We would like to thank Christos, Jonathan and the management team for their unrelenting hard work and commitment – they have done an outstanding job, consistently demonstrating category-leading performance. “We have also been delighted by our partnership with NEXT and the way in which NEXT’s Total Platform has accelerated growth and enhanced the performance of the business.” Christos Angelides, Reiss Chief Executive, said: “We are appreciative of the excellent partnership with Warburg Pincus over the past seven years – their expertise has been instrumental to our sustained development and they have been a strong and trusted partner. “We look forward to continuing to focus on creating authentic and timeless collections for our customers and over the next few months we will be launching a number of new initiatives that will both expand the breadth and choice of our collections worldwide.” Raymond James served as financial advisor to Reiss. Kirkland & Ellis served as legal advisor to Warburg Pincus. Slaughter and May served as legal advisor to NEXT. nmelaw served as legal advisor to the Reiss family. Fried, Frank, Harris, Shriver & Jacobson served as legal advisor to the Reiss management team.

DMU part of new cyber cluster to support local businesses

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A new cyber cluster has been launched to support SMEs across the East Midlands in the cyber security industry to help the sector grow and boost the region’s economy. Backed by the Department for Science, Innovation and Technology and endorsed by the UK Cyber Cluster Collaboration (UKC3), it will create networks and collaboration between cyber security companies across the East Midlands. Its three founding directors are De Montfort University Leicester (DMU)’s Dr Ismini Vasieliou, David Nicholls, MD of Better IT, and Phil Harding, director of CyRisk. The collaboration is one of several projects that form the second phase of the LLEP’s Digital Skills Partnership, funded by £90,000 of Government investment. By mapping the ecosystem and hosting events, the East Midlands Cyber Cluster will bring together people and companies working in cyber, whether it be products or services, across Derbyshire, Leicestershire, Nottinghamshire, Lincolnshire and Northants. The cluster aims to boost collaboration by mapping the current ecosystem and hosting events and training sessions such as masterclasses. It will help support activities to address the digital skills shortage, promote the region’s cyber expertise and showcase innovation at a national level. Phoebe Dawson, LLEP Chief Executive, said: “Ensuring local businesses are cyber secure is incredibly important. This project is enabling companies to become as resilient as possible and lower the threat of cyber attacks whilst also upskilling the local workforce. “I would encourage local businesses to engage with EMCSC and explore the other programmes on offer as part of the Digital Skills Partnership.” The East Midlands has among the country’s lowest levels of cyber security companies, despite producing thousands of graduates from cyber security and computing courses every year. One of the aims of the cluster is to look at ways of retaining graduates by making sure they are aware of the career opportunities which exist in the region. Dr Ismini Vasileiou, Associate Professor in Information Systems at DMU, said: “The East Midlands Cyber Cluster will be a key pillar in supporting the East Midlands Economy, promoting strong partnerships between cyber security businesses so we can build upon and grow our cyber ecosystem. “We want to have a positive impact on the region’s economy and help create a talent base that will support innovation and skills, and we’d encourage cyber companies to get in touch.” By building cyber security knowledge, skills, infrastructure, and capabilities the cluster plan to support local businesses to become more resilient to cyber-attacks. The new cyber cluster will complement East Midlands Chamber’s work with the Leicester Skills Improvement Plan to give employers the best access to information on where to upskill and train their staff, and access the best talent. David Nicholls, MD of Better IT, said: “Working with SME’s in our region means I get to see the disruption and longer-term impact of cybersecurity incidents up close. “I am delighted to be involved with the EMCSC as it gives the East Midlands an independent platform to educate businesses and collaborate to improve cybersecurity skills and standards.” Linda Smith, Chair of UKC3 and Strategic Advisor to Midlands Cyber, said: “UKC3 is delighted to acknowledge the formation of the East Midlands Cyber Security Cluster and to welcome all future members into the wider national ecosystem. “This important sector economic representation for the region will provide many new opportunities for collaboration and growth.”

Asbestos management company gears up for 24-hour cycling challenge to raise money for Mesothelioma UK

Staff from a Northampton-based asbestos management consultancy will see their fundraising step up a gear when they take part in a 24-hour bike ride to raise money for a national charity. On Thursday, September 21, a team from Acorn Analytical Services will take part in the cycling challenge to raise money for Mesothelioma UK, the only national charity dedicated to supporting people living with the cancer which is caused by exposure to asbestos fibres. Throughout the day, a team of staff will take it in turns to complete legs on an indoor exercise bike which will be set-up at Acorn Analytical Services’ Northampton office. They will be supported throughout by colleagues offering drinks, snacks and plenty of encouragement. Director Ian Stone said: “We’re so proud of the team for taking part in this 24-hour bike ride to raise money for a charity which is hugely important. “Mesothelioma UK do an enormous amount to support people who are forced to live with the devastating effects of asbestos – a legacy which haunts us all. “While our work focusses on giving people the information and support they need to manage asbestos safely, we also want to support those who haven’t been so lucky. “With the support of the Northamptonshire business community behind us, we hope to be able to raise awareness on behalf of the charity, as well as much-needed funds which will go a long way to helping people get the support they need.” For more information about the challenge, or to donate, visit their website at www.justgiving.com/page/acorn-analytical24hour-1690537890484

Plans submitted for transformation of Peak Village courtyard conservatory

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Proposals to transform the conservatory at the heart of Peak Village have been submitted in a planning application by the Devonshire Group, as part of long-term plans to revitalise the centre.

Subject to planning approval, the proposals will see the existing structure at the heart of Peak Village’s central courtyard replaced with a high quality and extended conservatory, to provide an improved and relaxing atmosphere for shoppers and diners. A new outdoor wrap-around canopy will be created to provide shade for al fresco dining in the warmer months.

The Devonshire Group purchased Peak Village in 2021, with the aim of rejuvenating the centre by drawing on local expertise to enhance the site’s role in the economic and employment landscape of the Derbyshire Dales, as well as supporting the local community.

Significant investment since then – including through improvements to the outdoor environment, landscaping of public areas and refitting of store units – has enabled the site to continue improving and growing.

The proposals form part of the Devonshire Group’s long-term vision for Peak Village, which the group has worked in partnership with Sheffield-based creative design studio 93ft and Peak Architects to deliver. This includes plans to rebrand Peak Village, alongside works to improve external signage and enhance the entrance atriums in the coming months.

Katayune Jacquin, centre manager at Peak Village, said: “We’re excited to reach this latest milestone, as part of our long-term aims to realise the potential of Peak Village as an important contributor to the fabric of the local economy. It’s hugely important to us that we support the growth of local businesses who call Peak Village their home, with high quality amenities that will help to attract footfall and loyal custom.

“The proposals will deliver an eye-catching, fresh and vibrant space for visitors to enjoy for many years to come, and will complement our fantastic calendar of events such as markets, live music and al fresco dining, so we really look forward to seeing the project take shape.”

Situated in the village of Rowsley on the edge of the Peak District National Park, Peak Village is home to nearly 20 retail and leisure businesses and employs between 80 and 100 people. The conservatory is home to Massarella’s café and restaurant, and the project will coincide with the planned upgrade of the restaurant interior, to provide a contemporary and inviting environment for customers.

As part of the long-term investment by the Devonshire Group, Peak Village continues to evolve its retail and leisure mix to drive footfall and attract local independent, luxury and national brands to the centre.

Green light for Stud Brook Business Park units

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Clowes Developments’ 20-acre Stud Brook Business Park in Castle Donington has taken a major step forward after being granted reserved matters planning consent for units 2-7.The mixed-use scheme will include employment, amenity, office and industrial units for sale or let ranging in size from 1,500 to 45,000 sq ft – as well as a retail offer.Derbyshire-based Clowes has also revealed that Roe Developments has been named as the lead contractor picked to construct this major scheme. Roe will start on site in September with a practical completion date set for Q3 2024.James Richards, development director at Clowes Developments, said: “After a period of extensive groundwork preparation it is great to finally start constructing Stud Brook Business Park. We’ll soon see steel frames being erected. Before we know it, occupiers will be moving into their brand-new premises.”NG Chartered Surveyors have been appointed as joint agents with FHP Property Consultants to find tenants for the units.Tim Gilbertson of FHP Property Consultants said: “Stud Brook Business Park really is a rarity, given that we can offer units both to buy or rent from as little as a few thousand square feet up to over 40,000ft² in what is generally considered the best location in the East Midlands. “The area around Castle Donington has been popular with manufacturing and distribution occupiers for many years given its fabulous road links and ease of access for staff but most schemes have been focussed on larger occupiers, Stud Brook is looking at the local and mid-sized regional companies and I’m sure that market will welcome this fabulous opportunity with open arms.”Richard Sutton, Managing Director at NG Chartered Surveyors, added: “The level of demand we’ve seen for these units at Stud Brook has been exceptionally high – but that shouldn’t come as a surprise with a quality developer such as Clowes Developments.“Now that the scheme has received planning permission, we should be in position to finalise deals across all units – ensuring another successful scheme for Clowes.”

Midlands mid-market private equity deal activity drops by nearly a quarter in the first half of 2023

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Mid-market private equity investment in the Midlands cooled in the first half of the year amid market volatility and tough trading conditions, new analysis from KPMG UK has revealed.

The firm’s latest Mid-Market Private Equity study shows that 28 deals were completed in H1 2023, reflecting a drop in volume of 24.3 per cent when compared with the same period in 2022.

This downward trend was matched across the country with a total of 327 deals worth £32 billion completed in H1 2023, a drop in volume of 12 per cent.

For the overall private equity market, however, more clouds appeared on the horizon as 689 deals worth £70 billion were completed in the first half of the year, compared to 909 deals completed in H1 2022. Khush Purewal, corporate finance partner at KPMG UK, said: “Despite hopes of a continued upward trend and a return to greater stability in the market, factors including rising inflation and interest rates, and geopolitical uncertainty, have combined to have a significant impact on deals during the first half of 2023.

“For the remainder of the year, it can only be hoped that the market sees some easing allowing confidence to return and deal volumes to begin to rise.” 

From a sector perspective, Business Services and Technology, Media and Telecommunications (TMT) took the top spots once again, accounting for almost two thirds (63 per cent) of all mid-market private equity deals in H1 2023. Business Services accounted for 46 per cent, up from 40 per cent in H1 2022, while TMT deals represented 17 per cent, down from an average of 21 per cent over the last five years.

Bolt-ons accounted for the majority of investments in the private equity mid-market, continuing the trend of the past few years. There were 219 bolt-on transactions in H1 2023, representing a 47 per cent increase in volume on H1 2019. Overall, bolt-ons accounted for 67 per cent of all deals in H1 2023, up from 63.7 per cent over the same period in 2022 and 57.8 per cent on H1 2019.

Stirlin marks new era of expansion with latest hire

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Lincoln contractor, Stirlin, has welcomed Jayne Southall to its team as business development manager. The creation of the role marks a new era of expansion for Stirlin. For over 15 years, the company’s focus has been exclusively on serving private clients and joint venture development partners. However, this move signifies a strategic step toward embracing new opportunities with external clients. With an impressive background as CEO of the Lincolnshire Showground spanning over a decade, Jayne brings with her an extensive network of contacts and important relationships across Lincolnshire. In her new role as business development manager, Jayne will be strengthening important relationships with Stirlin’s clients and championing the company’s pursuit of external contracts. Jayne’s career journey spans various domains, including sales, operational management, and financial responsibilities within the construction sector. Beginning her professional journey in the timber import industry, she later transitioned to the Lincolnshire Agricultural Society in 2006, taking on the role of finance and administration manager. Her dedication and expertise led her to rise to the role of CEO in 2011, where she was responsible for all aspects of the society’s commercial and charitable activities including overall responsibility for the Lincolnshire Show and the Showground Events Business. Reflecting on her new role, Jayne shares: “I am delighted to embark on this journey as the business development manager at Stirlin. Having steered the Lincolnshire Showground through the pandemic, I decided it was time to look for a new challenge. “I’m looking forward to the collaborative strides we will take together at Stirlin. I’m eager to reconnect with familiar faces and forge new connections to contribute to the company’s growth as it opens up to external contracting.” Tony Lawton, Managing Director of Stirlin, says: “We are delighted to welcome Jayne as a valuable new addition to the Stirlin team. Jayne will play a pivotal role in Stirlin’s continued growth and fostering fresh opportunities. We’re looking forward to seeing where this next chapter will take Stirlin.”

HMV owner’s bid for wilko takes steps forward

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The owner of HMV is said to be moving closer to putting forward a deal in the battle to save Nottinghamshire retailer wilko. The firm’s administrators, PwC, have started consulting creditors on the terms of a deal which would see Doug Putman save roughly 8,500 jobs, according to Sky News. Putman is reportedly intending to acquire over 300 of wilko’s 400 shops. It would however still leave thousands of staff without jobs. A creditor quoted by Sky News said: “It’s still in the balance but it is beginning to look more positive that a deal can get done.” The potential deal comes after M2 Capital’s bid for the company fell through and follows PwC confirming a raft of redundancies.

Get your tickets for the East Midlands Bricks Awards 2023 – an evening of celebration and networking

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With nominations now CLOSED for the East Midlands Bricks Awards 2023, secure your tickets for the prestigious event! Taking place on Thursday 28 September, at the famous Trent Bridge Cricket Ground, the highly anticipated East Midlands Bricks Awards 2023 will celebrate the region’s property and construction industry while providing a prime opportunity to connect with local decision makers over canapés and complimentary drinks. The event will additionally feature Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council, as keynote speaker.

Tickets can now be booked for the awards event – click here to secure yours.

Attend the event to see who takes home most active estate agent, commercial development of the year, responsible business of the year, residential development of the year, developer of the year, deal of the year, architects of the year, excellence in design, sustainable development of the year, contractor of the year, and overall winner. The overall winner of the East Midlands Bricks Awards 2023 will also be awarded a year of marketing/publicity worth £20,000. East Midlands Bricks Awards 2023 When: Thursday 28 September 2023, 4:30pm – 7:30pm Where: The Derek Randall Suite, Trent Bridge Cricket Ground Keynote speaker: Mike Denby, Director of Inward Investment and Place Marketing at Leicester City Council Dress code: Standard business attire Tickets: Available here Thanks to our sponsors:                                                             To be held at:

Solar farm gets planning approval

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Loughborough-based specialist land development and property consultancy Mather Jamie has played a lead role in securing planning permission for a new 80 acre solar panel farm in Warwickshire. Novus Renewable Services, a UK solar PV development company, has been granted permission by Nuneaton and Bedworth Borough Council to develop, construct and operate a solar project at Tolldish Hall Farm, North East of Aldermans Green. The local plan for Nuneaton and Bedworth states that 14,000 new houses will be needed within the area between 2024 and 2039. The new solar farm will generate 25MW of electricity, which will be fed back to the grid. This is sufficient to power 7,091 homes, resulting in over half of the planned new housing being supplied by green energy. The site has been carefully selected and designed through a detailed assessment process considering grid availability, heritage, landscape & amenity, ecology & environmental designations, access, and agricultural land quality. Hamish Byers, head of sustainable energy at Mather Jamie, said: “There is significant growth in the renewable energy market and planning committees seem to be supportive of projects as long as their impact on the local environment meet biodiversity net gain BNG criteria. Solar farms also enable farmers to diversify and create additional revenue in an agricultural industry which is under significant pressure.” The solar farm will be seeded with an appropriate grassland mix and suitable for animal grazing within a fenced area. The margins of the site outside the fencing will be used for other habitat enhancements such as wildflower seeding with the aim to boost the biodiversity both on and off site. Footpaths will also be retained to ensure local communities can continue to enjoy the countryside. Hamish added: “The UK has a target to be net zero by 2050 and this development at Tolldish Hall Farm will serve a key role in the vital transition towards using renewable energy. The conversion of the land from monoculture cropping to grassland mix will also have a significant biodiversity uplift.” Hamish is working on a significant number of other renewable energy projects across the UK. The combined energy production from these schemes (if all are successful at planning) will produce enough electricity supply to power in the region of 400,000 to 500,000 homes.

Leicestershire vehicle parts supplier firm revs up for growth

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A Melton Mowbray business specialising in supplying and distributing vehicle accident repair parts is motoring towards further growth with support from HSBC UK. Trade Vehicle Parts will use the seven-figure funding package from HSBC UK to source and secure a growing number of vehicle parts such as bonnets and bumpers globally, ensuring customers have more options available when seeking repairs to their vehicles. The funding package will enable Trade Vehicle Parts to import core stock from countries around the world including Taiwan, China, and Poland. The deal also sees the business utilise HSBC UK’s Global Wallet. This multi-currency virtual account allows Trade Vehicle Parts to make and receive international payments using local account details, making it easier to purchase car parts in bulk, lowering costs and increasing revenue. The funding package from HSBC UK also includes a refinancing of the commercial mortgage for its 17000 sq ft Melton Mowbray headquarters. The deal with HSBC UK is expected to result in a 50 percent increase in turnover for Trade Vehicle Parts over the next three years, building on the steady growth the company have experienced up to now. Deyan Petrovski, owner & director at Trade Vehicle Parts, said: “This funding from HSBC UK is a crucial milestone in our growth journey. Operating in an industry where working closely with international suppliers is so important, we are grateful for the ability to maximise our cashflow due to HSBC’s international footprint.”

Kim King, deputy area director at HSBC UK, added: “Trade Vehicle Parts is an ambitious business which provides a fantastic and essential service to vehicle owners and organisations across the country. We’re pleased to assist the business’s growth with domestic and international support.”

BakeAway bolsters senior leadership team

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BakeAway has appointed Marc Garcia as its new UK operations director, who brings with him a wealth of expertise and leadership to further elevate the brand’s growth in the UK market.

Based in Corby, Northamptonshire, BakeAway is a manufacturer of pastry and dough, supplying grocery retailers with private label products including puff pastry, shortcrust pastry, pizza dough and cookie dough.

Marc’s extensive knowledge, following 30 years’ experience, makes him the ideal candidate to lead BakeAway’s UK operations and oversee the development of the brand.

Discussing plans for his role, Marc said: “I jumped at the opportunity to work for BakeAway, especially during this period of growth for the organisation.

“I consider myself fortunate to lead BakeAway during this pivotal phase, with a focus on investing further in our people, buildings and machinery, as they are the backbone of our success.”

Garcia joins BakeAway after serving as operations director for Barry Callebaut in his previous position, where he played a pivotal role in streamlining operations and driving efficiency.

Star Trust announces next round of grant support

East Midlands charity, Star Trust, is now accepting bids from East Midlands charities to support the life-changing work they do in local communities. Star Trust is run by local business owners and entrepreneurs and supports good causes in Nottinghamshire, Derbyshire, Leicestershire, Lincolnshire and Rutland. Since its launch ten years ago, Star Trust has supported 106 charities with a total of £798,763 and directly touched the lives of over 56,000 people in the East Midlands area. The latest recipients recently received funding cheques totalling nearly £20,000. They are the British Disabled Angling Association, TwentyTwenty, Hope for Hunger, Lamp and Home Start Newark. The next major fundraising event is the Star Trust annual ball which is set to raise over £100,000 and the charity is keen to hear from local charities who need their support. Star Trust founder Steve Hampson said: “We organise up to three high profile events a year and all the money raised is then granted to small charities across the East Midlands region who apply for funding. “The generosity of business owners and entrepreneurs across the region makes a huge difference to local charities of all sizes whose services are in such high demand from vulnerable individuals and families in our local communities. “The application process is very straightforward so that it is accessible to even the smallest of charities and we look forward to helping even more organisations in the coming year.”

Car dealership drives into Burton

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Commercial property agents Rushton Hickman have let a 2,466 sq ft industrial unit close to the town centre of Burton upon Trent. The industrial unit forms part of a terrace on Millers Lane and is accessed from Derby Street with other industrial units and premises close by. The new tenants of the premises are Apex Auto Hub who have taken it on as their new home. The car dealership trading in new and used cars and light motor vehicles are a family run business with many years of experience in the motor trade. Property agent Taylor Millington said: “We previously sold this unit to the current landlord and it was great to be retained as the letting agent when their tenant gave notice to leave.  After bringing the unit to the market, as anticipated it proved very popular, with numerous viewings and enquiries. “We were able to agree a deal very quickly to ensure that there was no void period for our client. It’s excellent to see an established business set up in the local area as well as knowing that our client has a fully let investment.”

Speedy sale delivered for Prigmore Haulage

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A “quick and easy” sale of Prigmore Haulage Ltd, overseen by KBS Corporate, has been praised by the family of the company’s founders, who are now able to retire. Started in 2000 as a sole tradership by Patricia Prigmore, the Wellingborough-based business has expanded from having a single van delivering hazardous loads for local customers to becoming a limited company with a fleet ranging from 7.5-tonne vehicles up to 44-tonne artics. Patricia and Kenneth Prigmore have now had their retirement plans enabled by a partial share-sale to Explore Transport and Plant Hire, which is based in Worksop with depots around England, most of which are in the Midlands. Katherine Prigmore, daughter-in-law of the founders and who joined the business in 2015, is staying on with her husband, Richard. “The partial sale of Prigmore Haulage Ltd has allowed my in-laws to retire and my husband and myself to continue running the company,” said Katherine. “We have partnered up with a larger company with aspirations to continue to grow on a larger scale than we could have imagined.” Adam Nelson, KBS Corporate deal executive, added: “Prigmore Haulage stood out as it has a strong 20-years-plus history which has helped it to develop a great reputation. “Through achieving a deal, Patricia and Kenneth Prigmore are now able to step back and retire, while Katherine and Richard can accelerate the business forward with the partial share-sale. I believe this has allowed the family to meet their expectations and move on to their next chapter. “Explore Transport’s interest was discovered through KBS and we have achieved a very timely deal due to great efforts from all involved. I’m happy we have achieved the deal the Prigmore family were looking for and I’m excited to see how the business develops. I wish all parties the best of luck moving forward.” Support and expertise on the deal were also provided by Adam Gilbert, Deni Slaveva and Harriet Woolley of AG Corporate Law.

Redundancies made at wilko

While discussions continue with those interested in buying parts of wilko, the business’s administrators have now said it is “clear that no viable offer structure put forward includes the group in its entirety.” According to PwC it has therefore been necessary to assess the roles required in wilko’s Support Centre in Worksop and distribution centres in Worksop and Newport. It means 269 Support Centre team member roles will be made redundant, effective from close of business on Monday 4 September – with further redundancies across the two distribution centres from early next week (exact numbers to be confirmed). Furthermore, no viable offers have been received for Kin Limited (Kin), a subsidiary of Wilkinson Hardware Stores Ltd (WHSL). As such, the company has had to close, resulting in the redundancies of its 14 employees – effective from close of business on Monday 4 September. The administration’s dedicated employee team will continue to work with HR and payroll to provide support to team members, including assisting in the statutory redundancy claims process with the Redundancy Payments Service. A dedicated helpline also remains in place to ensure employees can address queries they have regarding the process, and company support systems with access to further advice and resources remain active. The administrators say they will continue to liaise closely with the government, agencies, unions and large employers to help create avenues to further employment opportunities for affected staff. Jane Steer, joint administrator, said: “It’s with great sadness that we announce these redundancies. We’re incredibly grateful to these team members for the support and dedication they’ve shown to the company, particularly over the last few very difficult weeks. “We will continue to do all that we can to support staff through this period of difficult upheaval, and to maximise their opportunities for a rapid return to work. Our priority is to ensure that all team members affected by redundancy are assisted in processing their claims with immediate effect. “We will be circulating correspondence to all staff as soon as possible which will outline the support available to complete redundancy payment forms. Advice and assistance will also be available from Job Centre Plus and other agencies.” All stores are currently trading and remain open.

Business community urged to back Framework’s Big Sleep Out

Nottingham charity Framework has launched its annual Big Sleep Out campaign to raise vital funds to help get the growing number of local rough sleepers off the streets.

The Big Sleep Out is inviting teams from local businesses to sign up to spend the night in a sleeping bag at Nottingham Racecourse on Saturday 7 October. It’s a chance for employers to make a difference and support their employees to take part as a team and pledge funds that will go directly towards helping rough sleepers in Nottingham.

It comes at a time when the charity’s Street Outreach Team found 57 people sleeping rough in Nottingham alone. This is the highest monthly figure this year and the highest number for August in the past five years.

Long term supporters Tesco and Campbell Clinic are already on board for 2023 with Tesco saying “we are really privileged to support such a great event.”

Campbell Clinic added: “The Campbell Clinic dental practice has supported Framework for several years through our Social Legacy Project. Recently, some of our staff spent a few hours with Framework’s Street Outreach Team and this has inspired us to get involved in the Big Sleep Out as a sponsor. We are proud to be supporting this event and looking forward to some of our staff taking part.”

Framework delivers housing, health, employment, support and care services to people with a diverse range of needs across the East Midlands in Derbyshire, Lincolnshire, North Lincolnshire, North East Lincolnshire, Nottinghamshire, and in Sheffield.

Regardless of their past, or the challenges they face, the charity strives to empower people to achieve financial stability, social inclusion and independence, driven by the belief that everyone has the right and potential to achieve a better future.

Framework’s head of fundraising and communications, Claire Eden said: “We need the help of the business community now more than ever to support the increasing number of people who will experience the trauma of rough sleeping this winter, many of them for the first time.”

All the businesses who take part will be recognised by Framework on its social channels and given a toolkit to use in their own communications to help spread awareness and their support.

There are also sponsorship opportunities available which include the programme and website, a stall at the Big Sleep Out village, and across social media. Companies can also sponsor one of the dedicated areas such as the Silent Disco, Children’s Area or Cinema.

Framework’s event fundraiser Natalie Dickson who is organising the Big Sleep Out says:  “The Big Sleep Out is the chance to be part of something worthwhile for a good cause. It attracts individuals, groups of friends, families, community groups such as scouts, as well as teams from local businesses. In fact, our corporate supporters often tell us what a powerful and emotive experience it is – team building that makes a difference!

“Sleeping outside in the elements for a single cold October night is challenging enough but, unfortunately, it’s something more and more people have to endure every night.

“Framework’s Big Sleep Out is an opportunity for like-minded people to come together, enjoy a great evening and raise funds for a deserving cause – helping people in need by sleeping out so others don’t have to and providing support that can change lives.”

Companies interested in sponsorship can email Natalie.Dickson@frameworkha.org 

Sign up at www.frameworkha.org/sleepout to receive a toolkit to get started on fundraising.

Homebuilder granted planning permission for more than 300 homes across the Midlands

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Midlands-based homebuilder Spitfire Homes has secured planning permission for 371 homes across the Midlands in just one week.

Leading the plans is a 280-home scheme in Radcliffe-on-Trent, Nottinghamshire, along with a further 61 properties located at a former Sandvik HQ in Halesowen, Dudley, and a collection of 30 new homes in the Worcestershire village of Crowle.

Despite the recent announcements, Ben Leather, Managing Director at Spitfire Homes, says the process of securing planning permission has been an extremely difficult and drawn-out process.

“Despite our recent planning success, as an SME housebuilder we experience significant struggles with the current planning system on a daily basis – something that is felt throughout the industry.

“Reserved Matters permission for one of these developments took almost 12 months to secure, despite being an allocated site in the Local Plan with Outline Permission already in place, and no objections from any statutory consultees. Another development on a brownfield site was challenged by unjustified design and highways requests, whilst staffing changes within the planning department further slowed the process which took over a year.

“These are just some recent examples of how the current system prevents housebuilders from delivering homes that are needed in strategic locations within acceptable timeframes.”

Housing Secretary Micheal Gove recently set out new measures that he hopes will unblock the planning system and enable the building of more homes in the right places where there is local consent.

Developers will be asked to contribute more through fees, to help support a higher-quality, more efficient planning service, but Leather doesn’t think the changes go far enough to provide a deliverable mix of homes, of all tenures, to solve England’s housing crisis.

“We support the principle of paying higher planning fees if it means Local Planning Authorities spend those additional fees on increasing the resources within their teams and it isn’t diverted to other Council departments.

“With increases in interest rates, the cost for SME housebuilders to put sites on hold whilst waiting for planning approvals can be crippling for small businesses, so this change is absolutely essential to promote the future success of these businesses and ensure their continued contribution to the economy.

“The recent Save Our SMEs campaign championed by the HBF further demonstrated the sentiment from housebuilders similar to Spitfire Homes, with 166 businesses signing the open letter to Government in response to recent policy amendments which remove the requirement for mandatory local housing targets, further throttling the amount of planning permissions granted for new homes. It’s vital housing targets are reinstated and are not reliant on conversion of commercial and agricultural buildings to provide more homes as advocated by Gove.

“Increasing the quality and level of resource within the planning system is a significant step forward in the delivery of much-needed new homes.”

Steel firm snaps up substantial Sherwood Park warehouse space

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Acting on behalf of private investor clients, Tim Gilbertson, director of FHP Property Consultants, has sold substantial warehouse space at Sherwood Park, Nottingham to Parkside Steel, which will facilitate their expansion and relocation from their current unit on the estate. The building sits just off Junction 27 of the M1 motorway and offers a mix of storage and production space with two storey offices augmented by extensive car parking and separate delivery yard. The deal concluded sees the sale of just under 60,000 sq ft of space, enabling Parkside Steel to expand and relocate as their business continues to grow. Tim Gilbertson said: “I was delighted to see this sale go through on Sherwood Park which remains an attractive and sought after location just off Junction 27 of the M1 motorway. “It was a pleasure to deal with our purchasers, Jack Audley of Parkside Steel throughout and as ever it is good to see a local company growing and expanding. “Equally, my vendor clients were delighted with the disposal in a deal where both parties behaved impeccably and despite having some hurdles to cross with the sale, both did their utmost to achieve a common goal of a transaction in the simplest manner. “Thank you to my clients for this instruction and I wish Parkside Steel well.”
Jack Audley of Parkside Steel said: “Parkside Steel has been based on Sherwood Park since 2006 and with our continued growth it became clear that space was going to be our biggest hurdle. Byron House presented the perfect solution and will allow us to keep up with customer demand as we expand into other markets. “Opportunities like this don’t come around often, especially for privately owned family businesses such as ours, so our thanks go to Tim Gilbertson at FHP for his help in reaching a deal both parties were happy with. Our aim is to be the market leader in steel supply and processing and Byron House means we have a clear roadmap to making that happen.”