Brick sales volumes up at Forterra

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Forterra, the Northamptonshire-based producer of manufactured masonry products, has hailed a strong trading performance in the four months ended 31 October 2021, with brick sales volumes up 6% vs 2019. The business is expecting to deliver a 2021 result in line with management’s expectations. In a trading update the company added that significant cost inflation was being experienced across a range of categories including energy, raw materials and transportation. It noted that to recover cost inflation, concrete product selling price increases have already been achieved with significant brick price increases secured from 1 January 2022.

Stephen Harrison, Chief Executive of Forterra plc, said: “The strong trading seen in the both the housebuilding and repair maintenance and improvement (RM&I) markets in first half of the year continued into the second half. As expected, we encountered significant pressures across our supply chain in the period, although, due to the agility of our operational management, we have been successful in limiting any disruption.

“We also experienced meaningful input cost inflation, which has had a short-term impact on margins, however we are mitigating this through significant selling price increases.  Notwithstanding these factors, we continue to anticipate delivering a full year result in line with management’s expectations, with higher than expected revenues offsetting the increased cost base.

“Heading into 2022 we are optimistic about the continuing buoyant demand for our products, underpinned by favourable market fundamentals. With the brick capacity uplift provided by the new Desford brick factory now only a year away, and with the Wilnecote project increasing our presence in the commercial and specification market from 2023, we are confident that group performance will continue to strengthen.” 

PKF Smith Cooper Systems acquires Sci-Net Sage Business

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Derby-based PKF Smith Cooper Systems has acquired Sci-Net’s Sage Business Systems Division. Based in Oxfordshire, Sci-Net Business Solutions’ core business is as a Tier 1 Microsoft Dynamics & Azure Gold Partner. However, they have also provided Sage solutions and enjoyed great long term relationships for many years with their loyal group of Sage 200 clients. Chris Smith, MD of PKF Smith Cooper Systems, said: “The acquisition of Sci-Net’s Sage Division is another positive and sensible step forward for our business. The Sci-net team has done a great job in looking after their Sage clients over the years, but with the ever evolving world of Sage 200 and Sci-net’s increased focus on Microsoft solutions, it is great timing for the clients to benefit from the wider Sage 200 experience of the Smith Cooper team. “We are excited to work with our new clients and help them move their Sage systems to the next level. We also welcome David Gruby to our company as part of the transaction, who brings many years of Sage 200 experience to our support team.” Sci-Net commercial and operations director, Kye Souter, said: “We are really pleased with this deal which will allow us to focus fully on our core Microsoft offerings. However, we are also very happy that, in Chris Smith and the team at PKF Smith Cooper Systems, we have found a good home for our loyal Sage clients, most of whom we have worked with for many years.” PKF Smith Cooper Systems thanked Kye Souter, Duncan Fergusson, and the senior team at Sci-Net, as well as Flint Bishop LLP for their professional assistance in moving this transaction to completion. PKF Smith Cooper Systems are Sage Business Partners and experts with Sage 200 & Sage Intacct.

Funds to be released to get Corby town investment plan rolling

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North Northants Council’s Executive Committee welcomed the announcement of the early release of 5% of the £19.9m Town Fund award by the Department of Levelling Up, Housing and Communities (DLUHC, formally Ministry of Housing, Communities and Local Government) at the Executive meeting held last week. The Executive approved these funds, which total approximately £995,000 to be added to the Capital Programme to get planned projects in Corby off the ground. This fund will cover the cost of design work, feasibility studies and business case development (including accurate financial projections) for each project, including a Sixth Form College, a Multi-use Building, Corby Station Links and Smart and Connected Corby. Leader of North Northants Council, Cllr Jason Smithers, said: ​​​​​​​”It’s welcome news that a percentage of the funds will be released so that we can get things moving in the right direction regarding the Corby Town Investment Plan. This funding will support the development of business cases and get them to a suitable standard, whilst also allowing us to progress to the next stage of this process.” Executive Member for Growth and Regeneration, Cllr David Brackenbury, said: “The objective of the Town Fund is to drive the economic regeneration of towns for long-term economic and productivity growth and with the early release of these funds, we can really get moving and make some positive progress.”

Construction of new prison reaches milestone

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A Topping Out ceremony to mark the latest milestone in the construction of the new prison at Glen Parva has taken place. The new prison is expected to be completed in 2023 and sits on the site of the former Young Offenders Institution. It will house up to 1,700 prisoners and create up to 600 new jobs for local people. The new structure is being built with green in mind, with rubble from the old, demolished prison on this site reused. Green energy will also see more than 960 solar panels and infrastructure for electric vehicle charging points. Power generators during the construction have used specially treated vegetable oil – cutting CO2 by 90 per cent and helping the air quality in Glen Parva. Leader of the Council, Councillor Terry Richardson, Portfolio Holder for Planning Delivery, Councillor Ben Taylor, Portfolio Holder for Community Services, Les Philimore, and Chief Executive, Julia Smith, attended the ceremony as the final levelling of concrete on the structure was completed. Blaby District Council has worked closely with Lendlease, the company contracted to build the new prison, to maximise the number of opportunities for community involvement in the new prison. Initiatives have included school educational visits for students interested in construction, and helping local businesses access routes to tender for work on the site. Deputy Prime Minister Dominic Raab and local MP Alberto Costa also attended the ceremony, praising Blaby District Council’s work to support the new prison’s development. Councillor Terry Richardson, Leader of Blaby District Council, said: “We are delighted to see the progress that has been made on the site of this new prison. It has been fantastic to work with the Ministry and Justice and Lendlease on this project to enable local residents, our young people and local businesses to take advantage of the unique opportunities that have emerged from this construction. “We will continue our strong relationship as the prison opens to make sure that the local community are kept up to date with the latest news, and can have their say long into the future.”

Access Legal expands conveyancing capability with Legal Bricks acquisition

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Access Legal, the Law technology specialist, has acquired the Legal Bricks group of companies, a provider of conveyancing searches and property related services to the legal sector.
Part of The Access Group, a Loughborough-based provider of business software solutions to the mid-market, Access Legal’s latest acquisition strengthens its existing footprint in the legal sector. It also extends the breadth of services for current and future customers with the addition of specialist conveyancing capabilities. Launched in 2017 and based in the West Midlands, Legal Bricks has built a business deploying innovative technology to offer solicitors a customised online property search platform that simplifies and speeds up the conveyancing process. Legal Bricks also provides a full suite of conveyancing and Anti Money Laundering products, which aim to reduce law firm dependencies on the use of multiple systems, resulting in a quicker and more transparent process. The acquisition of Legal Bricks complements Access Legal’s vision of creating a first-of-its-kind digital workplace for law firms, bringing together a comprehensive suite of legal software solutions and services delivered through Access Workspace for Legal. Doug Sawers, Managing Director of Access Legal, said: “The addition of Legal Bricks and its innovative suite of property and conveyancing services moves us closer to the goal of a single sign-on, single vendor, single solution. “We take pride in listening to our customers and we know that creating a digital workplace has never been more important for law firms to facilitate improved client experience and collaboration. The addition of Legal Bricks extends the suite of relevant solutions we provide, adding even more richness for our customers and will provide a more efficient, simplified platform for managing the property and conveyancing process. “Existing Legal Bricks customers have been welcomed to Access Legal and we’re confident that their already great experience with Legal Bricks will be further enriched by the Access Group’s investment in people, product development and customer success.” All Legal Brick’s 40+ strong team will be joining Access Legal, adding another layer of legal expertise to the division. Founder of Legal Bricks, Mike Connelly takes on the newly created role of commercial director at Access Legal. Commenting on the acquisition, he said: “Access is an exciting software company with a passion for innovation and a customer-centric culture. The decision to acquire us reflects our position as a modern provider of property and conveyancing services to the legal sector. “It’s always been our aim to help conveyancing firms increase productivity, increase profitability and most importantly, reduce workload, and we know that Access Legal shares those values too. Combining with Access enables us to further harness our investments in technology and gives our customers access to a wider range of specialist legal solutions from a single provider that can help create a comprehensive, optimised Digital Workplace. “We have formed an incredible team who deliver our products and services allowing customers to better serve their clients. From today we believe that will grow to even greater heights as we combine the Access Legal and Legal Bricks teams.” This latest acquisition follows Access Legal’s acquisition of integrated cloud IT services provider Oosha earlier this year.

Derbyshire business run by two sisters wins Amazon-backed award

A Derbyshire creative agency founded and run by two sisters will represent the Midlands at a national awards ceremony where it hopes to be named the Best Small Rural Business in the UK. MacMartin, a full-service marketing agency based in Church Broughton, has been crowned a regional winner in the Rural Business Awards (RBAs) run in partnership with Amazon. Now the company, which is based in The Bartonfields Centre, a collection of beautifully converted farm buildings, will represent the Midlands at the national ceremony in February. MacMartin was founded by sisters Claire MacDonald and Anna Hutton, who both have professional marketing backgrounds with complementary skills. Nearly five years later, MacMartin is going strong and employs eight members of staff. It offers a wide range of services including website and graphic design, social media marketing strategies, copywriting and email marketing. Anna said: “We are so grateful to the Rural Business Awards for recognising our work and providing a platform for rural businesses like ours to showcase their services, and for their achievements to be celebrated. “It has been an incredibly exciting year for MacMartin and we are looking forward to the national finals next year. Wish us luck!” Claire said: “Since the pandemic more businesses have realised that you don’t have to be based in the city centre anymore, but we have been committed to a rural location for nearly five years. “It’s perfect for wellbeing, blue sky thinking, creativity, commuting and so much more. We were in a very tough category, against some very worthy nominees, so we were thrilled when our name was announced as the winner. It’s absolutely brilliant to be representing the Midlands, so we have everything crossed for next year.” Now in their seventh year, the Rural Business Awards are run in partnership with Amazon and celebrate the success of businesses across the UK’s rural economy. The Rural Business Awards aim to celebrate the best rural businesses in the UK, recognising a range of businesses, including farmers, food producers, manufacturers, business services and destinations. The brainchild of Leicestershire businesswomen Anna Price and Jemma Clifford, the pair wanted to showcase the wealth of entrepreneurial talent in the great British countryside. Jemma Clifford said: “We are very proud to be hosting the seventh annual Rural Business Awards in partnership with Amazon, especially after the past 18 months. On behalf of the Rural Business Awards team, I would like to say congratulations to MacMartin for this very well-deserved win and wish them all the best ahead of the national final.” The Rural Business Awards were set up in 2014. Along with their headline partner, Amazon, other organisations to lend their support have been Openreach, HSBC, DEFRA and Fisher German. There are also categories for start-ups, diversification projects, professional services, social enterprises, tourism, food and drink, and outdoor pursuits.

Gateley “delighted” with its performance as revenues rise

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Gateley, the legal and professional services group, is “delighted” with its strong performance, both in terms of activity levels and fee generation, during the six months ended 31 October 2021.

According to a trading update ahead of Gateley’s half year results, revenue for the period has grown by 23% and is expected to be not less than £62m.

Underlying adjusted profit before tax meanwhile is not less than £8.1m for the period, compared with £7.5m for the prior period.

Rod Waldie, Chief Executive Officer of Gateley, said: “Our long-established and resilient business model, enhanced by an increasing range of connected services offered to clients via our Platforms, and our embedded ‘one-team’ culture have been the driving force behind another strong financial performance from Gateley.

“On behalf of the Board, I thank our incredible people for their ongoing hard work, commitment and can-do attitude. We are excited by the wide range of opportunities that are presenting themselves to the Group and look forward to continuing to grow the business, both organically and via acquisition, in line with our stated strategy.

New milestone for manufacturing and distribution company as MBO completed

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Manufacturing and distribution company managers are celebrating an important milestone in a Lincoln firm’s history – after becoming its new owners. The Greenstock Lamp Company’s Managing Director Stuart Raffles and newest directors – Lewis Keilty (Sales & Purchasing) and Cheryl Hutchins (Production) – are poised to grow the multimillion-pound business after completing a Management Buyout (MBO). The news follows the retirement of long-standing director Clifford Bulgin, who was the driving force behind Greenstock Lamp’s fortunes for a quarter-of-a-century. Managing Director Stuart Raffles said: “We are over the moon to have completed the MBO. This is something we had all been talking about for some time and it has come about by mutual agreement. The company is in good shape and we are expecting turnover to breach the £4 million mark during 2021/22.” Sales & purchasing director Lewis Keilty said: “Despite the challenges experienced over the past few months, we can clearly see the company going from strength to strength, with exciting developments in the pipeline.” The company, which is based off Whisby Road, employs nearly 50 people, including 20 outworkers. Staff are busy completing orders across its three divisions – OEM (original equipment manufacture) – in-connect; Greenstock lighting and Greenstock shatterproof. “It’s great to have an excellent workforce behind us and really low levels of staff turnover. Several employees have been with us for 15 years or more,” added Lewis. With directors keen to achieve a 20 per cent lift in sales, compared to the pre-Covid period, the OEM division is poised to lead the way. A specialist in cable harnesses, over-moulded products and pcb encapsulation, it already accounts for 80 per cent of company sales to the marine, automotive, construction, utility, metering and medical industries. Production director Cheryl Hutchins said: “We are really looking forward to growing our worldwide customer base and to investing funds back into the business. We have already made a start by ordering an extra over-moulding machine, for our busy OEM division, at a cost of £100,000. It is being in delivered in December.” “As a company our focus is firmly on ensuring our loyal workforce is happy and productive,” added Cheryl.

“Strong trading” sees revenue rise at Breedon

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“Strong trading” has seen revenue rise at Breedon, the construction materials group, with full year results now anticipated to be slightly above the top end of current market expectations. Reporting on its performance for the 10 months to 31 October 2021, group revenue has grown to £1,045m at Breedon, up 31% versus the same period in 2019. Like-for-like revenue, meanwhile, increased 15% on the same period in 2019. Breedon said: “Breedon has continued to benefit from strong end markets, with demand levels remaining encouraging across the group. Trends evident in the first half have persisted with momentum in residential housebuilding and infrastructure spending continuing to drive volume growth. Ireland continued to gain traction during the second half following the lifting of Government restrictions on non-essential construction. “Pricing actions have increasingly reflected the dynamic cost environment and our layered hedging policy has delivered visibility of energy and carbon costs. As indicated in July, allowing for the natural lag to implement price adjustments, we have secured full cost recovery in the second half, leading to margin improvement. “Underlying EBIT performance for the 2021 full year will now be stronger than we expected and, assuming no adverse weather events, will be slightly above the upper end of the range of market expectations.” As at 23 November, market expectations for Underlying EBIT for the full year 2021 were an average of £129m with a range of £122m to £131m. Breedon continued: “The recovery we experienced in the first half of 2021 has been sustained, with supply chain disruption managed effectively by our local teams who have stayed close to their customers and suppliers.”

Loneliness among key issues of working from home

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Loneliness and a lack of face-to-face contact are key psychological issues facing people working from home during the COVID-19 pandemic, research by Nottingham Trent University shows. A study led by Professor Amin Al-Habaibeh found that office workers miss having informal meetings with colleagues, such as quick conversations by the water cooler, while they continue to work from home. A survey of UK workers aged 25 to 65 showed that a lack of physical exercise was also seen as a key issue for people while they continued to use their homes as makeshift workspaces. Advantages of working from home, though, included reduced travel time and costs, a perceived reduction in CO2 emissions and the ability to continue working while looking after children that are unable to attend school or nursery. “The COVID-19 pandemic has provided a unique opportunity to examine the potential for enhanced remote working, as well as distance learning and teaching,” said Professor Al-Habaibeh, of the School of Architecture, Design and the Built Environment. “It also shows us that there is a far greater potential for international collaboration and cross-border employment in the future, in ways which we might not have envisaged before. “But as human beings we are social animals, and it will be difficult for people to continue working from home without an in-person social element during or after working hours. “Many people were able to quickly adapt to online tools, such as video conferencing and collaboration platforms software, and have combined their working hours with daily routines and family commitments. “But our results show that nearly half of our respondents – 43 per cent – thought that the main challenges of working from home were the lack of offline face-to-face meetings and reduced eye contact with their colleagues.” The survey – which received more than 200 responses – showed that 31 per cent of people felt isolated working from home either ‘often’ or ‘all of the time’, with a further 31 per cent feeling isolated ‘sometimes’. More than 10 per cent of people felt concerned about redundancy. However, 83 per cent of respondents felt that working from home achieved the same working outcomes as being in the office. Professor Al-Habaibeh added: “Many employers are giving serious consideration to allowing employees to continue working from home on a permanent basis, or as mixture of part-home, part-office working, in order to reduce operating costs and improve efficiencies. “This study shows that serious consideration should be given to the overall wellbeing of an employee’s mental health, and the potential implications of many people feeling isolated during their working hours, and how this might affect them in the medium to longer-term.” Dr Kafel Waried, a visiting scholar at Nottingham Trent University who worked on the project, stated: “It was an important project in order to understand the challenges people are facing in the COVID-19 pandemic to raise the awareness level of the factors that will help enhancing the efficiency and productivity of people working from home.” Professor Al-Habaibeh added: “By understanding the challenges and factors that influence people during their daily work from home, we will have a better-informed research to support the design and innovation of enhanced products and technologies that would help people to effectively overcome some of the challenges.” The study was published yesterday (23 November) by Global Transitions.