- A single point contact for all your building control work in England and Wales
- Competitive pricing on high volumes of repeat work or major developments
- Site inspections from a local professional team with invaluable local contacts and knowledge
- Simplified fees and invoicing arrangements
- Electronic submissions and e-working
- The use of LABC Partner logo on all of your marketing materials
- Easy access to the planning department, the highways engineers and local fire service
- In-depth expertise on structure, fire, acoustics, warranties, access, contamination, energy and sustainability from LABC specialists
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Azets Midlands strengthen senior team
Gowercroft Joinery appoints new finance director
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Nottingham-based smart sensor company helps major car manufacturer make significant energy savings
Custodian REIT dispose of 18,424 sq ft warehouse and distribution unit at a premium
Sterling performance at Kitchen Appliance retailer
Marks Electrical is celebrating its good fortunes today with revenues soaring by 15.1% to £43.1m in what the company describe as a “tough market conditions” economically.
The company’s resilient profit performance and Adjusted EBITDA of £2.7m (H1-22 £3.0m), delivering a margin of 6.3% and the company is confident that it will deliver our full year targets.Mark Smithson Chief Executive Officer, commented: “I’m proud of the performance we’ve delivered against a tough back-drop, with the Group’s sales up 15.1% in a very challenging market where the online MDA and CE markets were down over 15% in our first half. This further demonstrates the resilience of our business model and the attractiveness of our market-leading customer offering.
Our focus on operational excellence, customer service, and improving brand awareness has enabled us to continue to gain share in a very competitive market, where our share grew from 1.6% to 2.1% of the overall MDA market and from 2.6% to 3.9% in the online segment. As more people across the UK come into contact with the Marks Electrical proposition and become customers, we are able to harness our highly efficient, single-site operational model to drive profitable market share growth.
The strong competitive activity we saw in pricing and marketing during the first half has begun to ease more recently and despite the margin pressure, we were able to achieve an Adjusted EBITDA margin of 6.3%, keeping us on track to achieve our full year objectives and continuing to demonstrate the differentiated margin proposition of our operating model.
As growth momentum continues to build going into the peak trading period, with an acceleration in October and a strong start to November, our focus on operational excellence and cash flow generation, combined with our net cash position, provides us with a robust platform to generate continued profitable market share growth and deliver on our full year targets.”
Leicester Council drops workplace parking levy proposals to alleviate cost-of-living crisis
BDO strengthens Midlands team with duo of director hires
Accountancy and business advisory firm BDO LLP has strengthened its team in the Midlands, with the appointment of two directors.
Dan Corden and Liam O’Donohue join as directors in the Business Services & Outsourcing (BS&O) team, covering both the East and West Midlands. The duo’s arrival follows the firm’s move to a prominent office location in Nottingham city centre, cementing its commitment to the regional market.
Corden, who has over 10 years’ experience in financial and operational management, will be responsible for expanding the firm’s outsourcing and advisory offering across the whole of the Midlands, focusing specifically on ambitious entrepreneurial owner managed businesses and SMEs, as well as the technology and creative sectors.
O’Donohue – a qualified Chartered Certified Accountant – brings considerable experience to the BS&O team, having worked in the accountancy and business advisory sector since 2001. He will focus specifically on entrepreneurial, high growth and international Midlands-based businesses in the automotive, transport and manufacturing sectors.
Suk Aulak, partner at BDO in the Midlands, said: “In the last 12 months, our BS&O offering has seen considerable growth across the region, as we continue to support businesses to help them meet their growth ambitions, while facing changing requirements and economic forces.
“We’re delighted to have strengthened our Midlands teams with the appointment of Dan and Liam – two outstanding individuals who will add real value to our regional proposition.”
Corden said: “It’s a really exciting time to be joining the Midlands team, following the move into high-profile offices earlier this month. The move cements the firm’s commitment to the region and provides us with the perfect base to support and engage with entrepreneurial and fast-growth businesses across the whole region that are looking to outsource a range of accounting, advisory and compliance services.”
O’Donohue added: “There’s significant market potential in the Midlands for Business Services & Outsourcing and we’re looking forward to working alongside a fantastic team in both the East and West Midlands, to help develop exciting opportunities at both a local and national level.”