Ashby-based property consultancy makes new IT hires
University of Nottingham spinout secures £500,000 for Tourette’s therapy wristband
£15m+ contract places Leicestershire-based Bluesky at forefront of UK aerial data provision
Microlise Group sees strong six months
The results for first half of the year saw revenue grow by 15.4% to £39.1m, driven by strong growth in recurring revenues, which have grown 21.5% (11% organic) to £26.6m. Annual recurring revenue, meanwhile, increased 20.6% (11% organic) to £54m.
During the period, the Nottingham-based Group added 202 new customers, securing new business across all its target geographies and with significant wins with LGV fleet operators. The period also saw Microlise announce the acquisition of K-Safe, a developer of road safety products.Nadeem Raza, CEO, Microlise said: “I am delighted to report strong performance in the first half of the year, with significant recurring revenue growth following a strong period of delivery in the second half of last year and with new products from our successful acquisitions leading to an increase in cross selling and upselling.
“In addition, we secured a significant number of new clients, including strategically important contract wins in our international markets.
“We continue to seek acquisitions that can further enhance our offering and accelerate our growth within all regions. With superior market positioning, favourable market conditions, and a strong pipeline, we are confident of meeting expectations for the full year.”
Directors of care recruitment company banned after failing to pay more than £30m in tax
“The disqualifications ban Usman and Nisa from being company directors until 2034 and 2039 respectively and the liquidators continue to recover millions in pounds of assets worldwide.”
Investigations into Usman and Nisa revealed that £12,031,159 in VAT and £21,596,982 in PAYE and NIC was under-declared to HMRC. Umbrella Care was wound-up in court in November 2020 following a provisional liquidation granted on petition from HMRC. Insolvency practitioners from Azets Holdings Ltd, who were the previous provisional liquidators of Umbrella Care, were then appointed as liquidators on the same day. The company went into liquidation owing more than £35 million to HMRC. The joint liquidators working with HMRC and solicitors from Wedlake Bell LLP have conducted extensive investigations and litigation to recover approximately £5.2 million from numerous bank accounts. They have also traced the missing funds to 14 properties which have been recovered and sold for approximately £7.3 million. Further property sales and investigations into funds transferred overseas and to third parties are expected to bring in an additional £1.5 million, bringing the estimated total recoveries to around £14 million. Louise Brittain, joint liquidator at Azets, said: “Azets have conducted extensive investigations and litigation in this case to recover wrongfully removed company funds and this has led to a considerable return to creditors. “We are pleased that these actions have enabled the Insolvency Service to obtain the disqualifications and undertakings that they have and this case demonstrates the strength of private and public sector working.” The disqualifications prevent Usman and Nisa from being involved in the promotion, formation or management of a company, without the permission of the court.New low carbon county council office takes shape
Marketing Derby encourages nominations for the East Midlands Bricks Awards 2024
- Most active 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
- Overall winner (this award cannot be entered, with the winner, and recipient of a year of marketing/publicity worth £20,000, selected from those nominated for the event’s other awards)
Nominations end Thursday 5th September








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