Mansfield safety and security solutions business secures £3.4m funding package

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ThinCats, the alternative lender to mid-sized SMEs, has provided a £3.4m funding package to support integrated safety and security solutions business Total Integrated Solutions Limited (TIS) with its future growth plans. Incorporated in 1951, Mansfield-based TIS designs, installs, maintains and services integrated safety and security solutions across a broad range of sectors including retirement villages, open space CCTV and Smart City installations, the Ministry of Defence and further education. Over the past nine years, shareholder and CEO James Twigg has expanded the technical capability of the business and significantly grown revenue and profitability driven by a strategy of delivering innovative solutions to a highly sophisticated customer base. Backed by Key Capital Partners, one of the most experienced private equity teams in the UK, TIS’s growth strategy will be underpinned by investment in marketing and sales resource and bolt on acquisitions which enhance its product range, increase geographical presence and secure the supply chain. ThinCats were introduced to TIS by Matt Tice, investment director at Key Capital Partners, with legal support provided by Paddy Sturman of Irwin Mitchell. TIS were supported by Andrew Fordham of Addleshaw Goddard on the transaction. James Twigg, CEO, TIS, said: “I am delighted to be working with ThinCats on the next stage of our growth. With great backers in KCP, we also wanted a funder that also understood our needs and shared our passion and ThinCats have lived up to that expectation. The funding will bring many opportunities for my incredibly talented team to grow the business as we strive together to really make a difference to our customers strategies, assets and people.” Ben Kimball, director regional business development, ThinCats, said: “The combined tracked record of Key Capital as investors, and the TIS management team provide a fantastic funding opportunity for Thincats. The TIS growth story is compelling, and I am delighted we are able to back James and team on their next step in the journey.”

Housebuilder given green light for 93 new homes in Nottingham

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A local housebuilder has been given the green light for a new development in Fairham.

Planning for Redrow East Midlands’ seven-acre Fairham development, in Nottingham, has now been granted.

Two, three and four-bedroom homes will be created.

As part of the new development, Redrow will also be contributing towards improving the local area, helping to fund affordable housing, two new schools and improved bus service for local people.

Ryan O’Sullivan, sales director at Redrow East Midlands, said: “We are delighted to be bringing more much-needed new homes to Nottinghamshire.

“We understand that the priorities of prospective homebuyers have changed over the last year, with proximity to green, open space, community spirit and easy transport connections high on the agenda.

“We were the first housebuilder to commit to the new neighbourhood being created here, which once complete, will form a brand new, sustainable and desirable location to live. We’re anticipating that this development will be incredibly popular.”

The development forms part of Rushcliffe Borough Council’s Local Plan and will help meet the borough’s housing need for 13,500 new homes over the next decade.

Tax & SSAS consultancy appoints heavyweight marketing team

WestBridge Group, which provides specialist tax advice to businesses and their owners, and independent administration, consultancy, and trustee services for Small Self-Administered Pension Schemes (SSAS) has appointed Chris Darlington and Simple Marketing Consultancy to lead its marketing strategy.

Chris joins as group marketing director having formerly been the head of the Leicester offices for BDO, Tenon and latterly Mazars.

Simple Marketing Consultancy (SMC) is jointly run by Bev Cook who was previously the head of marketing for Tenon. She has worked for a number of other professional services firms including BDO and Grant Thornton and has been running her own outsourced marketing consultancy with business partner Elliot Cook since 2010.

In their new roles they will lead the marketing strategy and help to raise the profile of the group which has its main office in Leicester. In 2020, the group acquired a book of small self-administered pension schemes from financial services provider James Hay and now employs a UK wide team of 40 people who operate under the WestBridge Tax and WestBridge SSAS brands.

Commenting on the appointment, Chris Darlington said: “I am delighted to be joining the group during a very exciting time in its development. We have some ambitious plans for growth and our main goal will be to ensure we implement a focused and co-ordinated programme of marketing activity that ensures our audiences understand the benefits of the specialist advice we can offer to help clients protect their corporate and personal wealth.

“Having previously worked with Bev & Elliot, I’m confident that our combined skillsets will help to create an award winning firm that is renowned for the quality of its advisory solutions and service.”

Group director Tom Moore added: “There are significant advantages to be gained by going to market as a Group rather than separate brands, particularly as we add more new services. We recognise that the same market sectors can benefit from our solutions and Chris and SMC have previous experience of implementing highly effective marketing plans on a UK wide basis.”

Redbrik Foundation donates £10k to local charities

Award-winning South Yorkshire and North East Derbyshire Estate Agents, Redbrik has donated nearly £10,000 to six local charities. Fairplay, St. Luke’s Hospice Sheffield, Bluebell Wood Children’s Hospice, The Children’s Hospital Charity, Ashgate Hospice and Paces will benefit from the funds raised through the Redbrik Foundation. After hosting and supporting many charity events over the years, the Redbrik Foundation was set up in 2020 to help children, young people, the elderly and those with disabilities in the Sheffield and Chesterfield areas. Naturally, since the Foundation was set up in 2020, restrictions have limited the number of in-person fundraising events. However, Redbrik’s team came up with new ways to generate support for the Foundation and its charities at a time when they need it most. The Redbrik Foundation has organised virtual events, and challenges and donations of Christmas presents to Sheffield Children’s Hospital two years running so that every patient receives a gift during the festive season. The team tackled the Yorkshire Three Peaks challenge earlier this year, raising over £4,000, and held the very first – and very successful – Redbrik Foundation Chesterfield 10k in October 2021. In addition, donations were raised through a match funding initiative whereby clients of Redbrik are given the option to donate £25 to the Foundation, which the company then matches. Redbrik Foundation Trustee, David Cooper, commented: “This is a proud moment for every one and thank you to anyone who has promoted, donated to or fundraised for the Foundation. One hundred per cent of all money raised is donated back out into the community to support the incredible work these organisations carry out every day. “Rather than have a changing list of annual charity partners, we’ve decided instead that we’d rather have an ever-growing list of amazing charities to support, so watch this space!”

Lincs & Notts Air Ambulance sign off 2021 as busiest year in charity’s history.

A lot has happened at LNAA this year, from moving to a new headquarters to upgrading the helicopter, the charity hasn’t stood still through what has been a monumental year of change. And the numbers reflect the pace of transformation with the crew having responded to more than 1,400 missions in 2021. Compared to 1,095 in 2020 and 877 in 2019, it’s a significant leap. CEO Karen Jobling said: “Just like many other charities, we went into 2021 not knowing what to expect. We had projects that were underway before the first lock-down so we had to dig in and keep going on those fronts, keeping in mind that they were all foundations for the future of the charity. This is what has enabled us to reach more patients this year.” The addition of a second helicopter in the summer came in response to an anticipated surge in visitors to the Lincolnshire coast as lock-down measures eased. This contributed to the rise in call-outs as it became the busiest summer the charity had ever had. Throughout the year additional, highly skilled doctors and paramedics have joined LNAA with some travelling from Aberdeen, Kent and even Lisbon to be part of a team that is leading the way in this specialist sector. This meant that by September, crews were able to respond day and night using a mix of the helicopter and critical care cars. The charity teams and crew moved into a new, purpose-built headquarters in Lincoln – HEMS (Helicopter Emergency Medical Service) Way – in the summer and celebrated the official opening in September when HRH The Earl of Wessex, officially opened the building. The clinical and aviation operation had formerly been based at RAF Waddington with the staff situated in Bracebridge Heath, so the development of HEMS Way gave everyone the opportunity to be under one roof for the first time. Another stride in clinical care came with the introduction of blood plasma. Blood was already carried on board but plasma was added because it is the component of blood that helps it to clot – integral to the care given at the scene of a traumatic incident, anywhere within the 3,500sq miles LNAA covers. “Our crews continue to be out there and, just like their NHS colleagues, they are dealing with the added pressure and complexity the spread of Covid brings, said Karen. The only difference is that we are there purely because of the generous donations we receive from our communities. She added: “We are so pleased that we have been able to be there for more patients in 2021. Of course, with each mission costing on average £3,500, it comes at a cost. It is only because of the generosity of our supporters that more patients have been helped by a crew with the highest skills and standards in pre-hospital care. Everyone here at LNAA would like to send all of our wonderful supporters our whole-hearted thanks.”   Visit www.ambucopter.org.uk/donate to help save lives.

Business insolvencies highest in almost three years

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Corporate insolvencies are now at their highest level in almost three years, according to monthly research from the government’s Insolvency Service. The number of insolvent businesses in England and Wales rose by 18.7% last month to a total of 1,674 compared to October’s total of 1,410, and increased by 87.9% compared to November 2020’s figure of 891. According to the Midlands branch of insolvency and restructuring body R3, these statistics indicate the growing number of company directors choosing to close their businesses because they feel that survival is impossible in the current climate. R3 Midlands Chair Eddie Williams, a partner at PwC in the East Midlands, said: “The monthly increase in corporate insolvencies has been driven by a rise in Creditor Voluntary Liquidations (CVLs) to the highest number in more than two-and-a-half years. “This suggests that a growing number of directors have been unable to combat the economic and financial obstacles thrust upon them by the pandemic and have closed their companies down. “Times continue to be tough for local businesses, not least over the last few weeks, as they have been hit by the triple whammy of increased costs, supply chain issues and rising COVID cases. “We urge any director who is worried about their company to take professional advice as soon as possible. Seeking it at an early, rather than later, stage provides more solutions, more time and, potentially, better outcomes.”

How to enhance teamwork in your workplace

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If your employees tend to work individually or lack vital communication skills, it may be worth taking the time to implement a number of company-wide changes. It can be difficult to know where to begin if you are unfamiliar with promoting good collaboration amongst employees but by familiarising yourself with a number of helpful tips and tricks, you can enhance teamwork in your workplace and create a happy and healthy working environment for everyone involved going forward. Build diverse teams It can be tempting to build teams of employees based on their shared skills, knowledge, or experience, but by building diverse teams, you can ensure your workforce bonds on a deeper level and forms long-lasting friendships that may also exist outside of work. This is because a group of employees with varying backgrounds and histories are far more likely to bring new and fresh ideas to the table as opposed to a group of like-minded individuals or employees that are already familiar with one another inside or outside of work. This can potentially lead to a wider range of perspectives and, as a result, a diverse approach to decision-making on important projects or within the entire business as a whole. Organise non-work events If you are committed to enhancing teamwork in your workplace, it may benefit you to organise non-work events on a regular basis to encourage employees to get to know one another on a deeper level, communicate in a non-work environment, and discuss topics unrelated to work. It can be done in a number of ways but is most commonly done by scheduling team-building events, organising days out, and planning office Christmas parties. This is especially important if your employees work from home or across a number of different departments with little to no opportunity to collaborate or engage outside of work. Reorganise teams on a regular basis It may seem disruptive or even cruel but by reorganising teams on a regular basis, you can ensure the individual skills, strengths, and weaknesses of team members complement one another and, essentially, enhance teamwork in your workplace. If certain employees are struggling to get on with one another or power dynamics are a common problem, it may be worth rotating team members on a regular basis until you form successful teams that are capable of working together to achieve a common goal. This can have a substantial impact on productivity and morale in the workplace and may even lead to greater profits in the long run. Provide learning opportunities In order to enhance teamwork in your workplace, you must provide relevant learning opportunities if and when necessary. This can ensure all employees and trained and up to date on any company-wide changes and allow you to provide them with the chance to sharpen their existing skills on an ongoing basis. It may sound like an obvious point, but you would be surprised at how far proper training and guidance can go in maximising the benefits of working together as a team. In addition to enhancing teamwork, hosting guest speakers and relevant seminars may also enhance employee job satisfaction and engagement and ensure they understand the importance of becoming a valuable team member both inside and outside of work. If you are looking to enhance teamwork in your workplace, there are a number of steps you can take. This includes building teams of diverse employees, organising non-work events throughout the year, reorganising teams on a regular basis, and providing learning opportunities. By doing so, you can produce greater results and ensure employees are happy and productive whilst at work.

2022 Business Predictions: Jason Hercock, Andrew McFarlane Holt and Trevor Wells, Directors at Wells McFarlane

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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 Jason Hercock, Andrew McFarlane Holt and Trevor Wells, Directors at Chartered Surveyors and Property Consultants, Wells McFarlane, who present their views on the future of the office, industrial and land markets in 2022. “The office market remains very competitive, especially for premises that have a high specification and therefore represent better value, and I don’t see this diminishing in 2022,” explains Jason Hercock. “What we’ve seen recently is businesses reflecting on how they use the space they occupy and to what extent it’s fit for purpose. Decisions that may have been parked last year are now being made with more confidence, as firms have a year’s experience and working patterns have emerged. “How this translates is that there is a definite need for designated office space, somewhere tangible that ensures the identity of a business is retained. Out of city spaces, with open plan, flexible layouts and private parking are hugely desirable, perhaps also as they are accessible without commuting on crowded public transport. “Similarly, small to medium sized offices will remain sought-after, as firms look to downsize and provide environments better suited to flexible working arrangements.” Andrew McFarlane Holt expects the industrial sector to perform equally strongly. “Demand is completely outstripping supply and this won’t change over the next 12 months,” he said. “Rents and capital values are also increasing – both indications of a healthy 2022. The industrial/logistics sector has been one of the big beneficiaries of the pandemic, particularly for businesses specialising in light manufacturing, home improvements, technology and online retail. “What’s happening now is new industries such as TV and film production, streaming services and even modular home developers are looking to secure high volume space and this means good quality stock is hard to find – more speculative development is urgently needed. “On the positive side, so much development in this sector, especially in the Midlands with the expansion of Magna Park, has considerably strengthened the local economy and created ample employment opportunities, which we expect to continue through 2022.” The land market faces a similar scenario, as Trevor Wells outlines: “Appetite for land of all types is extremely high and prices have performed well as available parcels are in such short supply. “Land continues to be seen as a safe investment, especially as Capital Gains Tax was not altered in the Autumn Budget. Strategic land is much sought-after due to increasing pressures for housing stock and industrial uses, and commercial land is now actively competing with residential land. “We’re still waiting to see the full impact of the Planning Bill that was announced in The Queen’s Speech so hopefully further details on the new categories for land will emerge in 2022 and accelerate viable options.”

2022 Business Predictions: James Wallis, owner of Aristotle Financial Planning

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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 James Wallis, owner of Aristotle Financial Planning in Derby. Quite apart from the high levels continued sales, mergers and acquisitions that we have been dealing with, thanks to owners approaching their retirement, the pandemic, unsurprisingly, continued to have a big effect on the way we work – and who we worked with – during the year. It has encouraged more people to launch start-ups and also to reassess their lives and changes in circumstances, which has seen them making bigger financial decisions than they might otherwise have taken. In particular, we made more use of technology in order to overcome remote working during lockdown but behind the scenes the software we use to do our work has come on in leaps and bounds in 2021. That will help us enormously next year and will be a game-changer by allowing us to operate more efficiently, which means that financial advisers will be able to take on clients with less wealth who previously would not have been financially viable.

Lincolnshire local a winner at Natwest Everywoman Awards

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Hannah Dale, founder of Wrendale Designs, from Brigg, Lincolnshire has been announced as a winner at the 2021 NatWest Everywoman Awards. The awards celebrated the UK’s most inspiring female entrepreneurs, recognising their outstanding achievements during one of the most challenging periods for businesses in living memory. Bringing together some of the UK’s most successful business owners, the ceremony featured the stories of many extraordinary women who, against the odds, have brought business concepts to reality, creating jobs, opportunities and global brands. This year’s winners span multiple sectors including food, fashion, drinks, health, beauty, energy, IT and service industries. All are united in one common purpose – to inspire future generations of entrepreneurs and to leave the world a better place than they found it. Hannah is the winner in the Athena category, which is awarded to the most inspirational woman running a business trading from 6 to 9 years. Hannah had a successful City career until the financial crash of 2008 left her facing redundancy. Returning to contemplate her options at the family farm, she revived her hobby of painting animals and country scenes. She initially developed a small range of greetings cards and took to local gift shops to gauge interest. The response was encouraging and persuaded Hannah to expand into giftware and homeware. From a standing start 10 years ago, Hannah has built Wrendale into an international brand turning over £8 million annually and providing jobs for over 60 employees. Covid threatened to derail the business given its wholesale model, but by supporting her retailers with strong content and digital assets, she helped them to pivot their businesses online and sales rebounded with popular lines including a motivational quote box, journals and notelets. Speaking about the winners, Maxine Benson MBE, co-founder at everywoman, said: “For nearly two decades these awards have provided a platform to share the stories of hundreds of entrepreneurs, encouraging, emboldening and empowering other women to follow suit. “Against a backdrop of Covid, these women have shown how innovation and enterprise have helped their businesses to thrive under extraordinary trading conditions. We hope their experiences will go onto inspire others and provide the motivation and inspiration that will be the backbone of the UK’s economic recovery.”