PwC makes new partner and director promotions to strengthen Midlands team

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PwC has further invested in its senior team in the Midlands with the admission of three new partners and six newly-promoted directors. These promotions are in addition to PwC’s usual partner promotion round in July, and reflect the strong growth of the firm driven by demand for services including transformation, deals, and ESG. Across the Midlands business there have been a further 93 promotions to senior manager, manager and senior associate posts, making the total number of promotions 102. Matthew Hammond, PwC’s Midlands region leader, said: “I’m delighted we can make these appointments and congratulate each of our talented new partners and directors. The role of leaders has never been more important as organisations grapple with the transformation brought about by the pandemic and other major challenges such as climate change and regional inequality. “We are committed to investing in the future of our business and our new promotees bring sector expertise, local and international experiences. The promotions also represent the diverse skills we need to continue to grow sustainably while supporting our clients and people as they respond to these unique challenges and opportunities.” Partner admissions in the Midlands are; Rachael Hampton, in the consulting practice, Jeff Nye in deals and Matt Timmons in the tax practice. Rachael Hampton leads the UK private enterprise strategy and cloud transformation market, advising clients across industries on technology transformation. She works extensively across the private sector in the UK & Globally leading cloud enabled transformation programmes to deliver significant business benefits. Jeff Nye is part of PwC’s Sale and Purchase Agreement (SPA) team within transaction services and focuses on helping private equity and corporate clients across a range of sectors and deal sizes to maximise and protect value through their M&A transaction pricing mechanisms. Matt Timmons is a partner within the firm’s national Entity Governance and Compliance (EGC) business. With teams located in Birmingham, Manchester, Belfast, Reading and London, Matt will continue to grow PwC’s EGC business in response to significant and transformational changes in UK Corporate Governance. Matt is also PwC’s ESG leader within the legal practice. PwC has also named six new directors in the Midlands, these include;
  • Alison White, Jani Singh, Lisa Orton – tax
  • Kristin Roman & Vladimir Ivanchenko – audit
  • Rachael Ellis – deals

LDC announces new regional heads in the Midlands

Mid-market private equity firm LDC has announced that Chris Handy and David Bains will lead its West Midlands and East Midlands teams respectively, replacing Richard Whitwell when he retires from LDC in March. The promotions are part of LDC’s plans to expand its presence and support for mid-market businesses across the region and follow a strong year in which the firm completed 20 transactions in the Midlands with a combined value of more than £1.6bn in 2021. Richard Whitwell, who has led the Midlands team for the past three and a half years, steps down after a near 10-year career with LDC and over 30 years in the industry. He has played a central role in some of LDC’s most successful and high-profile partnerships. Chris Handy joined LDC eight years ago following a 20-year career in industry, which included operational and financial leadership roles with Rolls-Royce. He also has 10 years’ experience in PwC’s corporate advisory team in the Midlands. Chris is based in the firm’s Birmingham office. David Bains joined LDC from advisory and investment firm GLP in 2016 where he was a Managing Director focused on UK transactions. He is based in the firm’s Nottingham office and will cover an extended regional patch which includes the East of England. In the last 12 months LDC’s team in the Midlands has completed new investments in manufacturer and distributor of fine foods Bramble, mobility solutions provider Kingswood, and global manufacturer of ultraviolet technology BioZone Scientific. The team has also expanded its partnership with marina operator Aquavista through the strategic acquisition of Castle Marinas, in addition to providing support for seven other acquisitions across its diverse portfolio. Successful exits during the same period include holiday park operator Away Resorts after a period of acquisitive and organic growth, and fall protection specialist Kee Safety, following 10 years of international expansion. To support LDC’s commitment to increase investment in the region, LDC continues to recruit into the Midlands team following the appointment of Karen Mann as investment director in October and the return of Craig Hinde as origination director in March. Toby Rougier, Chief Executive of LDC, said: “The Midlands is heartland territory for LDC and a region where we have a 40-year track record of helping businesses to grow. Richard has done a great job of leading our activities, portfolio and teams here in recent years and we wish him all the very best following his retirement from LDC. “We’re committed to increasing our presence across the region and enabling more management teams to access the capital and support needed to realise their ambitions. Promoting Chris and David into their respective roles will help us to continue to deliver on that commitment. Both are experienced investors and have a clear mandate to recruit into their teams and to grow our business across the Midlands. “As the region looks to recovery and growth, we believe its medium-sized companies will have a critical role to play. They’re the fuel in the Midlands engine and, with the right support, they can turbo-charge the recovery through their ability to scale.”

DMU set to help Leicester companies reach net zero

Businesses are set to get free help to go green after Government funding worth £1million was awarded to support companies in Leicester in the race to net zero. The East Midlands Accelerator programme, led by East Midlands Chamber, will be delivered by De Montfort University Leicester (DMU), Loughborough University and the University of Leicester, alongside local authorities and business support organisations in the city. It will mean companies who have between 10 and 250 employees based in Leicester can get free help to discover their carbon footprint and put together practical steps to reduce emissions. Interested companies have until the end of January to sign up. The free support package on offer includes: •    Carbon Literacy Training – free one-day training to learn the basics of calculating your company’s carbon footprint and actions you can take •    Audits – Trained teams of students will visit you to complete a sustainability audit for your organisation •    Planning – helping you draw up a step-by-step plan to set and achieve your company’s decarbonisation plans •    Placements – Get a student or recent graduate to work within your company for free, focusing on a sustainability project •    Grants – Get support towards equipment or feasibility studies for larger-scale programmes. The zero carbon project is just one of five programmes that will be funded through the £1million pot, which comes from the Government’s UK Community Renewal Fund (CRF). Others focus on start-ups, mentoring, finance and digital transformation. Dr Andrew Reeves, Associate Professor in Energy and Sustainable Development at DMU, will be working with companies on the accelerator programme. He said: “We know from recent work we have done alongside the University of Leicester that while many companies want to do more to cut their carbon emission, they are not sure about what steps they can take to become more sustainable. “We hope that by combining all of our expertise, we can support them to take practical steps and have a plan in place which is achievable and could help to ‘green’ the whole of the city’s business eco-system. “It also gives students from the county’s three universities the chance to work with companies to help them reach these goals and play their part in climate change action.” Dr Sandra Lee, Social Impact Lead at the University of Leicester, said: “This programme brings students, businesses and academics together to share expertise and resources to tackle the climate crisis. It is an exciting development to our award-winning Innovation for Good Programme as well as building on our hugely successful environmental sustainability collaboration with De Montfort University and other partners.” The Leicester Accelerator partners are the Food and Drink Forum, Nottingham Business Venture, Start-up Leicester Co-Working and Leicester City Council. If you are an SME and would like to take part, get in touch with Leicester Innovation Hub which is co-ordinating all the expressions of interest: leicinnovation@le.ac.uk

Duo of Midlands logistics assets acquired for £66m

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BMO Commercial Property Trust Limited (BCPT) has acquired two logistics assets in the Midlands for £66 million. The company has acquired Orion One and Two, Markham Vale, Derbyshire for a price of £44.5 million. The two newly built units were completed in April 2021 and are located within Derbyshire’s 200-acre flagship redevelopment scheme adjoining junction 29A of the M1 Motorway. Orion One extends to 224,424 sq ft and is let to The National Lighting Company Limited. Orion Two comprises a smaller unit of 75,958 sq ft and is let to Smurfit Kappa UK Ltd. The second acquisition is Unit 4, Quintus Business Park, Burton-Upon-Trent which is structured as a forward funding to develop a new logistics warehouse of 171,550 sq ft. The property has been pre-let to Werner UK Sales & Distribution Limited. The purchase price is £21.5 million. The development has achieved planning consent and is expected to complete in July 2022.

SourceBio reports “substantial revenue and profit growth”

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Full year results are ahead of expectations at SourceBio International, the Nottingham-based provider of integrated laboratory services and products. A trading update for the year ended 31 December 2021 confirms “considerable growth in both revenues and adjusted EBITDA.” The company has confirmed that full year results will be “significantly ahead of market expectations.” It expects to report, subject to audit, revenues of approximately £92.4 million, an increase of 82% on revenues of £50.7 million recorded in 2020. Meanwhile the company expects to report adjusted EBITDA, subject to audit, approximately 70% higher than the adjusted EBITDA of £14.2 million recorded in 2020. The group’s long-standing business units of Healthcare Diagnostics, Genomics and Stability Storage (together the “Core Divisions”) are all now back to pre-Covid levels of trading. The group’s Cellular Pathology testing services saw very solid recovery from Q2 2021, although the pace of growth later in the year was slower than had been anticipated, as COVID-19 continued to impact on the pace of the return of elective surgeries. COVID-19 PCR testing revenues were healthy in the full year but fluctuated considerably during the year. Demand increased dramatically as travel restrictions lifted in late Q2, then reduced in Q4 as Government policy switched from the higher quality PCR testing to lateral flow testing for day two arrivals. They then bounced back in the latter weeks of the year as the Government mandated a return from lateral flow to PCR testing for day 2 arrivals. Jay LeCoque, Executive Chairman, said: “I am pleased to report to shareholders substantial revenue and profit growth in 2021, in what has been a record trading year for SourceBio. It is encouraging to see that our base business units have returned to pre-Covid levels of trading and continue to capitalise on significant new growth opportunities. Our Covid-19 testing business performed very well in 2021, particularly given the continued switches in Government policy regarding testing requirements for travel. “The company remains well capitalised and has benefitted from very strong cash conversion driving cash balances to over £33 million. With a balance sheet free of borrowings, the group is well positioned to fuel further growth in 2022 through our Core Divisions and to contemplate attractive acquisition opportunities. The board is appreciative of the dedication and efforts from all its staff in a very challenging year and is also grateful for the support from its shareholders. We look forward to updating shareholders in more detail in due course.”

2022 Business Predictions: Martin Tilley, Director, WestBridge SSAS

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.  It has become something of a tradition, given that we’ve been doing this now for over 30 years. Here we speak to pensions expert, Martin Tilley, a Director of WestBridge SSAS. As a long-standing advocate of the Small Self-Administered Scheme, my predictions for the industry in 2022 refer to the latest transfer regulations and their impact on this small area of the pensions market. Pension scams continue to make both industry and national press headlines, so it was no surprise that HM Government felt the need to consult upon and then publish new measures to prevent the transfer of an individual’s pension assets into vehicles that the ceding scheme considered to be, or at least potentially scams. I therefore predict painful times ahead for individuals wishing to transfer their pensions to new arrangements. Particularly as ceding schemes are now able to determine or interpret their own criteria for flagging a transfer as ‘amber’ and therefore triggering a referral to the Government’s MoneyHelper Service. Potential triggers of amber or even red flags can be “High risk investments,” defined simply as “high end of the normal range of risk in the current financial market” for example, consequently I predict that this service could soon be overrun with referral requests. I very much doubt that any ceding scheme will want to expend the time necessary to make an in dept analysis of such transfer to be able to come to an informed and common-sense decision. With the emphasis likely to be to err of the side of caution, raising a flag will become the default to the likely detriment of many legitimate transfers to SSASs, and the entrepreneurs of small businesses will be curtailed from being entrepreneurial because this red tape will prevent it. Perhaps the important point to raise here is that if you want to use a SSAS at some point in the future, it’s best to set up sooner rather than later as the potential delays to registration and transfers could mean that from day one the SSAS is not actually operable for maybe 6 months.

New year, new goals… or is it? By Fiona Duncan-Steer, founder of RSViP Business Networking Agency

Fiona Duncan-Steer, founder of RSViP Business Networking Agency, discusses goal setting. As we enter into the shiny brand-new year of 2022, we firstly ask ourselves collectively: “Where on earth have the past two years gone?” Secondly, we start to think if we haven’t already about the year that lies ahead, pondering what is in store for us and for indeed mankind (if we want to get that deep about the pandemic). As a rule, new years promote new beginnings, the chance to start again in whichever form that takes for you. It may be the motivation you need to start that business you’ve been deliberating over for the past few years, change careers, start a family or a million other things that relate to YOU personally. ‘The new year, new me’ phrase has become a global phenomenon across social media in recent years, with people from all walks of life announcing their goals into the cloud in a bid to keep themselves accountable; you’ve said it out loud, so you must do it now – right? There is something to be said for sharing your goals with others, not least because it does indeed keep you accountable, but also hearing yourself say what you want to achieve out loud is quite a powerful thing – a commitment to yourself and those around you. What I would say given the past two years of upheaval and change however is to be kind to yourself when it comes to goal setting. I am not saying abolish any goals you have for fear of not meeting them, but be aware of the fact that right now it is just as acceptable to be still in operation if you are a business, to be moving forward in the right direction through taking small steps each day as both a business person and as a human being and if some days you don’t take any steps at all, that is still okay. By all means set those incredible goals by identifying what it is you actually want, after all that is basically what the end goal is – it is a result and with that comes a sense of achievement and a whole host of other positive stuff, but make that goal within reach, a challenge yes, attainable yes, but without impacting your mental health by adding unnecessary pressure to an already potentially stressful umbrella of negativity raining down from all directions in the form of this ever ongoing pandemic, change of government rulings and restrictions. The trick here is to ‘be self-aware’. Self-awareness is the key to happiness in a lot of ways and the queue jumper to becoming a better person overall, which in turn will present greater possibilities and opportunities through growth. The growth that will ultimately help you smash your goals without even realising you have!   Fiona Duncan-Steer, RSViP www.rsvipnetwork.co.uk

Planning permission received for new Hinckley care home

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Rayner Davies Architects have received planning permission for a 67-bed care home and bowls club on Coventry Road, Hinckley. The Care Build Group are developing the site. On the site of the former Clarendon Club and the Sweet Pea Bowling Club, the development will be a three-storey building providing specialist care for the elderly. A new bowling green and pavilion is to be provided for the bowls club. The home will include a ground floor café/bistro lounge which opens out on to external patio spaces, separate lounge and dining spaces on each level, a library, a cinema, a bar/pub and a hairdressing salon. Lounge and dining facilities at all three residential levels will overlook the bowling green with roof terraces above to allow views out over the activities on warm days. The communal café/bistro and bar are located centrally in the plan and serve as the entrance to the facility, whilst also connecting directly out on to the residents’ communal garden space. The ground floor facilities are to be shared by residents and visiting family members. The facilities included, along with the layout of the home, have been designed to encourage a variety of age groups and communities to congregate within the public areas. Rayner Davies project architect Julien McGuinness said: “We are delighted to have been granted planning permission for this care home for The Care Build Group. The site is unusual in having a dual-purpose sports and care facility so working the two together was a definite challenge. However, the end user experience will be improved no end as a result.” Howard Ward Associates of Nottingham provided structural design with Zenith Planning acting as planning advisors. Radcliffe on Trent contractors Wynbrook are expecting to start on site later this year.

Nottingham City Council set to adopt Economic Recovery and Renewal Plan

Nottingham City Council is set to adopt an Economic Recovery and Renewal Plan for the city which aims to improve Nottingham’s prosperity and local people’s prospects. As one of the partners of the Nottingham Growth Board, the City Council has been working with key local businesses, educational institutions, public sector organisations and One Nottingham to develop a bold vision for the city’s future economy as an inclusive, green, creative and digitally enabled city. The Plan addresses the major economic challenges Covid has created or accelerated, including rising unemployment, the decline of high street retail and the disproportionate impact of the pandemic on young people, BAME communities, women, older people & people with disabilities. It focuses on the delivery of six key ambitions: • City of Creativity & Culture – building on the Creative Quarter and Nottingham’s Unesco City of Literature status to become an internationally renowned centre of culture and creativity with a reinvigoration of Nottingham’s story and brand identity brought to life by events, festivals and cultural ideas. • Reshaping the City – physically regenerating the city to create a more sustainable and liveable place adapted for a post-Covid and more digitally enabled world using the opportunity to redevelop the Broadmarsh centre as a catalyst for wider change • Carbon Neutral City – transforming green investment at scale to build on Nottingham’s track record of delivery to become the UK’s first carbon neutral city by 2028. • Digital Enterprise – building on the city’s fintech strengths to enhance Nottingham as a significant national centre for digital technologies and enterprise, underpinned by a programme of upskilling across communities. • Entrepreneurship & Innovation – supporting businesses (existing, new and early stage) to survive and thrive, targeting growth in key sectors and developing the entrepreneurial and innovation ecosystem. • Skills & Employment – preventing long-term mass unemployment by supporting a culture of enterprise and offering extensive and inclusive reskilling/upskilling programmes for citizens to take advantage of new opportunities. The Plan is being considered for adoption by the council’s Executive Board today (January 18th) and sets out a clear strategic framework that will underpin the council’s efforts to secure economic growth funding. A public consultation exercise was undertaken earlier this year, with the key finding that local people wanted to see greater emphasis on economic inclusion, so that the city genuinely offers opportunities for everyone. The Plan has consequently been refined so that the drive for inclusion is a theme that runs through the whole Plan. Nottingham City Council’s Portfolio Holder for Skills, Growth and Economic Development, Cllr Rebecca Langton, said: “All the Nottingham Growth Board partners have agreed on where Nottingham’s key strengths lie, and the issues we need to address, so that we focus our efforts on how best our city can grow and prosper post-Covid. “This Plan gives us a really clear direction for the city’s future, as well as a framework for securing the support and investment needed for the city to fulfil its economic potential through sustainable growth.”

Northamptonshire firm acquired by marketing group

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A digital marketing agency that has been operating for almost 30 years in Northamptonshire is the latest acquisition for marketing group Qoob Limited. SilverDisc, founded by Managing Director Alan Perkins in 1993, joins Square Media, a Corby-based agency, and Geexe, an ecommerce software and app developer, in the Qoob stable. The deal will see SilverDisc, Square Media and Geexe join forces on various projects and enable the companies to expand their services to their respective clients, whilst maintaining their separate brand identities. Matthew Rigby White, Managing Director of Square Media and Qoob Limited, said: “We are so excited to welcome SilverDisc to the Qoob group of companies. “Bringing the teams together will effectively make us one of the largest marketing agencies in the Midlands, with a combined team of 30 people, and will enable us to offer our clients the full marketing mix – from the more creative elements like graphic design and website development right through to the more technical aspects of marketing like SEO, Pay Per Click advertising and digital marketing systems.” Alan Perkins added: “After almost 30 years of running SilverDisc and building it into the leading search and performance agency that it is, I’m looking forward to joining Square Media and Geexe as part of Qoob where our combined skillsets will help deliver a powerful, complete digital marketing solution to our clients and partners over the years to come.” “SilverDisc joining Square Media and Geexe in Qoob marks the start of a new chapter and journey for all of us just as we move into 2022, which is hugely exciting,” adds Matthew. “The three companies all complement each other so well and it will be our respective clients who benefit the most from them all coming together in this way.”

Cool winter air can deliver up to 80% cost savings on free cooling solutions

With energy costs rising and increasing pressure on companies to reduce their carbon footprint, businesses are being challenged to increase manufacturing efficiency, whilst reducing energy consumption and operating costs. With the onset of winter introducing cooler outside air temperatures, free coolers offer an enhancement to air-cooled chillers. Using fresh air to provide partial or 100% free cooling, they offer a far more energy efficient and cost-effective way to provide chilled fluid to manufacturing processes. When ambient air temperatures are low enough, a free cooler starts to dissipate the system heat, allowing the chiller to reduce its power consumption. Free coolers reduce the annual total system energy consumption, enabling the savings made to be reinvested elsewhere into the business. Richard Metcalfe, director for temperature control and humidity experts, Newsome, explains: “Free Cooling is a fast and effective way to reduce your energy costs and carbon footprint on refrigerated, process water cooling applications. Depending on the external air temperatures and the temperature you want to achieve, chillers can typically be partially or fully offloaded for up to 90% of the year.” The ROI for implementing a Free Cooler in a traditional chiller system is truly impressive, depending on location, some companies could have a payback period of as little as 12 months. The system not only reduces the energy consumption and contributes to a greener profile for companies – but can also extend the chiller lifespan. Traditionally, free cooling systems are generally only available to purchase. However, for a limited period – Newsome plans to offer companies the opportunity to rent a free cooling system to allow them to evaluate the potential cost savings available, before investing in a solution that is fully tailored to meet their individual business requirements. For more information visit the website https://newsome.ltd.uk/ For enquiries email: enquiries@newsome.ltd.uk or call 01422 371711.

Team Derby assembles for campaign to save Derby County

An alliance made up of civic, political, business and cultural leaders in Derby is being formed to put pressure on football league chiefs to remove the obstacles blocking the takeover of Derby County – starting with a meeting with administrators tomorrow. The Rams have already been handed a 21-point deduction and a transfer embargo by the English Football League (EFL) for previous breaches of Financial Fair Play rules and for going into administration. The club is up for sale and administrators, who have three parties interested in buying the club, were due to announce their preferred bidder last week. However, it appears the announcement has been blocked by the EFL due to claims made against the club by Middlesbrough and Wycombe Wanderers, as well as putting the club under a second transfer embargo and demanding proof that the Rams have the funds to complete the season, while also threatening expulsion from the Football League. This has resulted in a national uproar and concerns that the EFL is acting unfairly. A petition asking the Sports Minister to intervene has already exceeded 42,000 signatories. Now, ‘Team Derby’ is calling on the EFL to allow the Rams takeover to proceed – and for the claims by Middlesbrough and Wycombe to be dealt with after the takeover is completed. Leader of Derby City Council, Councillor Chris Poulter, said: “As a lifelong Rams fan I, like many others, am concerned about continuing uncertainty facing Derby County Football Club. “As well as being of personal importance to me – like thousands of citizens from across the city and indeed the world – it is also significant to me as a leader in Derby. As a council, we understand the impact and value of having a football club in our city. It’s vital that city leaders come together and do everything we can to secure its future. “Football supporters, including those from rival clubs, and the wider city are united in speaking up for the club and Derby City Council stands firmly with them. Myself and Paul Simpson, our Chief Executive, continue to meet regularly with administrators to ensure the future of our club.” John Forkin, Managing Director of Marketing Derby, said: “This cannot stand and we are appealing to the EFL directly to seek an urgent meeting to make it clear how important Derby County is to the city as a football club, driver of the economy and a positive member of the local community. “Marketing Derby and our Bondholders stand with Derby County through this difficult period. We are calling on the EFL to act responsibly and stop moving the goalposts and to allow the preferred bidder to proceed and to lift the transfer embargo to help stop players leaving and allow the club to stabilise and rebuild. “We will be working with Derby City Council, MPs and businesses across the city to make as much noise as we can to make sure our concerns are heard by the people in power.” Adam Buss, who is director of Derby’s City of Culture 2025 bid, is part of the alliance. He said: “Here at the Derby City of Culture 2025 team we believe that culture is more than just art. Sport is crucial to this mix and Derby County is at the centre of Derby’s identity and a crucial part of life for many throughout the city and county. “The collective joy and despair that goes with supporting any sports team is part of what makes sport great but right now the concern is that this passion and collective identity could be lost due to financial implications. “The fans ARE the club – managers, players and administrators will come and go but it is crucial that institutions like Derby County are stabilised and enabled to compete so that more memories can be created and the power of sport is used, as it should be, to bring people together.” Backing the Team Derby campaign, Scott Knowles, Chief Executive of East Midlands Chamber, said: “Derby County is an integral component of the city’s heritage, make-up and economy, with the prosperity of both intrinsically linked. “A successful football team competing at the top of the sport creates a healthy atmosphere across the whole area and this will always have positive economic consequences. “Businesses located in and around the city benefit from the tens of thousands of people who turn up every match to support their club – pubs, cafés, restaurants and shops will be packed before each game, while local transport networks rely on the increased number of passengers to remain viable. “But it’s also much more than that. Derby County is a part of the city and county’s fabric, and every passing day in which the club is kept in its current state of limbo damages the communities and businesses that rely on this sporting institution. “East Midlands Chamber wholeheartedly supports all efforts to find a swift resolution that ensures the club’s survival in the long term.” In the meantime, people who want to show their support for the campaign are being asked to do the following: *Write to their local MP asking for the EFL to allow the sale to proceed. *Write to the EFL. The address is EFL House, 10-12 West Cliff, Preston, PR1 8HU. To contact the EFL visit https://www.efl.com/contact-form/. *Sign the change.org petition, which can be found here: https://www.change.org/p/sports-minister-for-england-sports-minister-to-look-into-the-ongoing-situation-between-the-efl-derby-county.

East Midlands chair to stand down at IoD

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The Institute of Directors (IoD) has launched a search for a new East Midlands chair, with Gary Headland standing down from the role once his successor has been appointed. The successful candidate will be the voice for directors in the region, working to support East Midlands directors by creating connections, driving professional development and ensuring members’ voices are heard by policy makers. They will lead members across three branches: Derbyshire and Nottinghamshire, Leicestershire and South East Midlands and Greater Lincolnshire and Rutland. After seven and a half years of leading the Lincoln College Group, Gary Headland has secured a new position as Chief Executive of Activate Learning from 1 April 2022, which means he will be working in Berkshire, Surrey and Oxfordshire most of the time. He has served as a Deputy Lieutenant of the County of Lincolnshire, a chair of private and education sector organisations and a non-executive director of the Greater Lincolnshire Local Enterprise Partnership and Lincolnshire Chamber of Commerce. Gary said: “It has been a privilege to serve as chair of the IoD’s Greater Lincolnshire and Rutland branch and then the East Midlands region over the past six years. I am proud of the role the Institute has played in creating better directors through ongoing learning and a core focus on good governance. “We have also used our influential lobbying voice to support business leaders in our regional community through the challenges of the pandemic. I remain highly committed to the IoD purpose – as set out in our Royal Charter – and I will continue to be a strong advocate and ambassador of the IoD going forward. “This is an exciting opportunity for a new chair and I would encourage people of all ages and backgrounds to come forward as we look to reflect the diversity of directorial talent in our region.” Jon Geldart, IoD director general, added: “Gary has contributed so much of his time and expertise to support members across the East Midlands. He is a real champion for the region and has built a diverse, inclusive and strong regional committee of director volunteers. We wish him well in his new role and thank him for six years of voluntary service.”

WREN Property Network raises valuable funds to support mental health awareness

WREN Property Network hosted their eighth annual charity quiz night in November 2021 at Spotlight Bar and Restaurant within the Motorpoint Arena, with the apt theme of ‘topsy turvy’, which was hosted by BBC’s John Collins and welcomed over seventy property professionals to enjoy an evening of food, drinks and competitive fun. Headline sponsors were Futures Group, while 7 Colours Photo Booth provided lots of laughs during the evening and the quiz champions walked away with gold medals and of course a wooden spoon went to last place. The chosen charity for 2021 were mental health support charity ‘The Wolfpack Project’, based at The Sherwood Business Centre, Nottingham and launched by Damien Reynolds who set up the charity at the beginning of the pandemic to support young people in isolation, to combat loneliness and to provide useful resources and support groups with the aim of bringing people together on and offline to connect, talk and get involved in organised activities. WREN raised £670 on the night which was then match funded by Tattershalls to take the grand total raised to £1,340. Damien Reynolds of The Wolfpack Projects says: “The £1,340 donation fully funds 2 support groups every month for 1 year. Each support group welcomes, provides resources, and supports 10 younger people each session, who are lonely, isolated, or at risk of poor mental health. This vital funding will positively impact the lives of up to 240 younger people across Nottingham throughout 2022. What a fantastic impact!”

Architect set to build on phenomenal multi-million growth

The architect behind Nottingham’s Acres Group has designs for huge growth for 2022 after already achieving phenomenal expansion since the start of the global pandemic. Edward Acres, who founded Acres Architects from a laptop in his parents’ spare bedroom in 2008, has seen his business expand from a turnover of a few hundred thousand pounds to an empire projected to turn over £10m in less than two years. His team of three people at the start of the pandemic has expanded by around 600 per cent to 20 full-time staff in the same period – and the Acres Group is looking to almost double that number this year. The success is partly down to Edward’s hard work, vision and refusal to stand still, while many competitors were making cuts in the face of Covid-19. But his decision to offer diversified services and formally set up a growing list of non-architectural companies within his group is the main reason why the business has grown so much in such a short space of time. Now, the group boasts various additional divisions, including Acres Investments, Acres Developments, Online Media Video Productions (OMVP) and Acres Construction. Established only 18 months ago, Acres Construction began with a pipeline of works to support Acres Architects, which was struggling with its existing crop of contractors, which largely specialised in residential projects. Acres Construction has now secured larger scale business and commercial contracts such as property developer residential projects like apartment schemes and luxury private gated developments, as well as dilapidation works, SEN schools and interior fit-out works. It is currently working towards a sales pipeline of £25m in 2022. Edward said: “These new facets of the business have created this amazing company growth. Our clients love the one-stop-shop, where we add levels of accountability and security that other practices can’t offer. All processes are effectively delivered under one roof. “This linear process and, most importantly, our ability to provide clients with straightforward communication throughout all aspects of a build, has generated huge interest and popularity. “As a result, our client base has sky-rocketed – and we are planning for even greater expansion of our services and projects in 2022.” Edward said that there was a very simple reason that he was able to achieve something in two years that might typically take decades to achieve. “I stopped thinking like an architect, and started thinking more like a businessman,” he said. “More and more investors are coming forward for support, and this full, turnkey solution provides them with a combined set of assets and a holistic overview that they value highly, and which architects alone do not offer.” The Acres Group’s record-breaking 2021 included a decision to exhibit for the first time at Grand Designs Live – a significant investment which paid off in the shape of a large spike in client enquiries. This, and the enormous traction created by the setting up of several new arms of the company, has led to growth in all aspects of the business. Acres Architects alone is seeing a big increase in enquiries for residential developments, particularly countryside barn conversions – citing 13 separate barn conversion projects on the go currently. “We are still gaining momentum,” said Edward. “While 2021 was an incredible year for us, our sights are firmly set on adding more commercial projects, targeting more property developers across the UK, adding more turnover and building a bigger team in 2022. We’re thinking big and we’re going places.” Acres Architects is a multiple award-winning, RIBA accredited firm. The Acres Group operates from its expanding head office at Nottingham Science Park, near to the University of Nottingham. To find out more about the services provided by the Acres Group, please visit www.acresarchitects.co.uk, email info@acresarchitects.co.uk or phone 0115 838 9738.

Blueprint Interiors makes two new appointments

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Specialist workplace strategy consultants and commercial office interior fit-out specialists Blueprint Interiors has boosted its back office support following the appointment of Melanie Swift as a project administrator and Rachel Preston as an accounts administrator. Rachel, who lives in Swannington, Leicestershire has worked in accounts since leaving school and will be responsible for assisting operations director Rachel Biddles. She will be responsible for maintaining and recording the company’s financial transactions including accounts payable, accounts receivable, VAT returns and all other general accounting duties. Melanie lives in Coalville and has previous administrative experience working in similar roles for a bicycle manufacturer, a post office and as a medical secretary for a GP Surgery. Melanie will be responsible for the day to day admin duties including assisting with furniture quotes, working with the contracts managers and managing the ISO audits and accreditations process. She will greet people on the telephone and any visitors to WorkLife Central, the company’s HQ in Ashby de la Zouch. Commenting on her new role, Rachel said: “The team have been so welcoming and the company has such a great work ethic and culture. It is such a relaxed, friendly environment and I am super excited to be part of the team.” Melanie added: “I have a personal interest in interior design and attention to detail and thought the workplace atmosphere was very appealing and refreshing.”

Northamptonshire businesses positive about future, but concerns about price pressures remain

The majority of Northamptonshire firms expect their turnover will increase during 2022 but are bracing themselves for rising prices, according to the county’s largest business survey. Service sector companies were the most upbeat about 2022 and although the majority of county manufacturers were also confident about their future turnover figures, this was offset by many suggesting they expected to see their profits fall in the next 12 months. The revelations came in the latest Quarterly Economic Survey (QES) carried out by Northamptonshire Chamber of Commerce at the end of 2021 to find out how businesses were faring. Northamptonshire Chamber head of policy, Sean Rose, said: “It’s good to see that Northamptonshire businesses are positive about the future. However, despite the optimism, concerns about price pressures are once again dominating our survey results. “Almost 90 per cent of service firms and nearly 60 per cent of manufacturers who responded to our survey indicated that they expect prices to increase during the first three months of 2022.” The survey also revealed that nearly half of the county’s service firms had seen a rise in their domestic sales during the last quarter whilst more than 80 per cent of manufacturers had seen their current and advanced domestic orders remain constant or increase. Nearly 80 per cent of Northamptonshire’s service firms reported that their overseas orders had increased or remained at the same level as the previous three months. Around half of service firms said their workforce had grown at the end of 2021 and nearly 70 per cent of manufacturers reported that their numbers had remained stable. However, businesses in both sectors which tried to recruit at the end of 2021 said they had experienced difficulties in hiring new staff.

Bidco ups offer for Clinigen

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Terms have been agreed for an increased and final recommended all-cash offer for Clinigen by Triley Bidco Limited (Bidco). Bidco – in its seventh proposal – will acquire the entire issued and to be issued ordinary share capital of the Burton pharma firm at a price of 925 pence (up from 883 pence) in cash per Clinigen share. Bidco says that the increased final offer will not be increased further, except that Bidco reserves the right to revise the financial terms of the increased final offer if there is an announcement of an offer or a possible offer for Clinigen by a third party offeror or a potential offeror. The increased final offer values the entire issued and to be issued ordinary share capital of Clinigen at approximately £1.3 billion on a fully diluted basis.

Derbyshire Institute of Sport gives a warm welcome to new board member, David Nelson

PKF Smith Cooper’s David Nelson – who has a huge love of sport – has been appointed to the Derbyshire Institute of Sport’s board. Keen cyclist and golfer David Nelson is Senior Partner at leading Midlands-based accountancy and advisory firm PKF Smith Cooper and has joined the board as the institute enters a new stage of sustained growth. David has a long association with amateur sports having spent seven years as finance director at UCI Professional Cycling Team Raleigh GAC – later known as Vitus Pro Cycling – as well as running local Under 13s football team Allestree Romans FC. David said: “Both myself and PKF Smith Cooper have been supporters of DIS for some time and have watched with great interest the success they have had over recent years. As a gold sponsor, I am proud that we have helped fund vital training for young athletes in the region. Having been involved in amateur sport for many years, I know the dedication and commitment it takes both by the athletes themselves and the support teams around them. With a passion for sport, I look forward to working alongside Chloe and the board at DIS to see where we can take the Institute over the coming years. With the Commonwealth Games coming up just down the road in Birmingham, there is no better time for businesses to come together to support our local athletes.” DIS board chair Michael Kirkland said: “I am absolutely delighted David Nelson from PKF Smith Cooper is joining our board. David brings a wealth of financial and operational experience with him which will be invaluable as we push on to our next period of growth. Both myself and my fellow board members wish David a very warm welcome to the DIS and we look forward to working with him through 2022 and beyond.” DIS managing director and founder Chloe Maudsley said: “A warm welcome to David Nelson, who I know will make a huge difference to us as we plan our commitments for the next few years. I’m proud of the resilience the board members and staff have shown through the pandemic. We are now working on our plans to raise more money in 2022 and help even more athletes in Derbyshire.” The links between PKF Smith Cooper and DIS are strong, with the DIS’s Dr Phil Clarke having held sports psychology sessions for PKF Smith Cooper staff to encourage high achievers and improve wellbeing. Also on PKF Smith Cooper’s payroll is elite athlete and trainee accountant Alex Knibbs, aged 22 from Duffield, who became 400m British champion at the 2020 British Athletic Championship. Alex said: “DIS has helped me greatly since I was 15 and I’m now back in Derby after studying at Loughborough University and on the DIS ambassador program, focusing on my strength and conditioning. I have enjoyed my first few months at PKF Smith Cooper, and the team’s hard work and driven ethos reflects my attitudes on the track. I can’t thank the firm enough for supporting me in achieving my goals in athletics and starting my accounting career off the track. DIS have been a huge part in my development as an athlete so far and I wouldn’t be the athlete I am today without them. Hopefully, with their continued support, I can work to achieve my Olympic dreams and beyond. The opportunity they give local young talented athletes is perfect for the development to reach elite level within their sports.” * DIS had ten athletes represent Team GB at the Tokyo Olympic Games in 2021 and is aiming for a bumper turnout at next year’s Commonwealth Games in Birmingham. Its latest initiative is the Performance Prep squads at three Derbyshire schools for youngsters aged nine to 11.

Derby firm completes fit-out projects for COVID-19 test maker

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Design, refurbishment, and fit-out specialists, DSP (Interiors) Ltd Derby, have supported SureScreen Diagnostics’ expansion with the completion of fit-out projects at a number of units at their COVID-19 test production facilities across Derby and Nottingham. The company, which is based on the Parker Industrial Estate on Mansfield Road, Derby, was recommissioned by SureScreen Diagnostics after fitting-out a separate production facility for the ‘Nutrivitality’ division of the business, which manufactures liquid nutritional supplements, at Eagle Park, Derby in late 2019. SureScreen has been producing antibody and more recently antigen tests for COVID-19, which have been exported to 53 countries across the world. Ever-increasing demand and development of product rapidly increased the need to expand facilities over the past 12 plus months. During this period, DSP (Interiors) Ltd Derby have been working in partnership with SureScreen to transform a number of newly acquired units into additional production, storage and processing spaces as well as refurbishment work at their Prime Parkway offices. At the height of the second lockdown in November and December 2020, work was carried out to create racking, packing, electrical and mechanical works at two units at Eagle Park. This was followed by work to install racking at further units in Derby which was completed in between March and July 2021. The company recently finished a turnkey design and fit-out of a third unit at Eagle Park, which started in May 2021. The speculative empty unit was transformed with the construction of a large mezzanine floor to create ground/first floor production facilities with supporting amenities including toilets and breakout space. The team at DSP (Interiors) Ltd Derby carried out all the works including mezzanine floor, fire rating, partitions, ceilings, flooring, kitchen, toilets, furniture, mechanical and electrical. DSP (Interiors) Ltd Derby have also been appointed as principal designer and contractor to fulfil a staged completion of extensive turnkey works at SureScreen’s newest production facility at Sherwood Business Park in Nottingham, the largest of its kind in Europe. With work on Phases 1 and 2 now complete, DSP (Interiors) Ltd Derby are partnering with SureScreen on a number of other phases to enable them to deliver the tens of millions of lateral flow tests required by the UK Government. Speaking about the partnership with SureScreen Diagnostics and the projects at Eagle Park, Andy Priestley, director of DSP (Interiors) Ltd Derby, said: “It’s been a pleasure to work alongside SureScreen Diagnostics on these projects. We have designed and fitted spaces that will help the company to manufacture and produce their rapid Covid-19 tests efficiently and effectively. “It was important to complete the work as quickly as possible so SureScreen could continue their amazing work to produce Covid-19 antigen tests for the UK and the rest of the world. We look forward to continued collaboration with them on the next phase of their state-of-the-art manufacturing site at Sherwood Park.” Alastair Campbell, director of SureScreen Diagnostics, added: “We first worked with Andy and his team on our production unit at Eagle Park, and they did a superb job for us. They have extensive experience in previous builds and fit-outs and are always extremely helpful in researching and finding solutions to meet our needs. “DSP Interiors Derby have been key partners in our exciting expansion project. The team has done a fantastic job in such a short space of time to create the production, packing and storage spaces at our new sites.”