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People & Jobs

 - 

Job Gains / Losses

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Sep 2014900m of Savings Needed - Thousands of Jobs At RiskCuts to the Government Of Wales budget has a consequence that the 22 local authorities in Wales will need to find up to 900m in savings. This is expected to lead to the loss of thousands of jobs and the closure of libraries and leisure centres.
Government Of Wales
1
75015 Sep 20146m Aerohub investment - 750 New jobs - Business growthCornwall Airport is to receive a 6m investment for a new Aerohub, which will create 750 new jobs. The construction programme will start early October, 2014 and phase one will be completed in June 2015. Cornwall's Aerohub is one of the 24 Governments backed Enterprise Zones which is driving private sector led growth across England.
Cornwall Airport Limited
8m-0.0m1488
12 Sep 201465m Investment - Major Commercial Development - 400 Potential New JobsNew Era Development UK is planning a 65m scheme in Sheffield, which will include shops, cafes, a Chinese supermarket, office space, student accommodation and a business incubator aimed at enhancing trade between firms in the UK and China. The investment is expected to create 400 jobs.
New Era Development (UK) Limited
1
16 Sep 201460K Investment - 9 New Management Positions - Further Employmet OpportunitiesThomas Dudley, a Black Country foundry, may take on an extra shift in November 2014 because of growing demand for its high quality castings. The company is currently recruiting for 9 new management positions in preparation for the move, and has just invested 60,000 to create a new quality suite. Human Resources Manager is Laura Smith
Thomas Dudley Group Limited
30m2m3452
1516 Sep 20144m Investment - Expands Bristol Import Centre - 15 New JobsMitsubishi Motors is investing 4m to expand the capacity of its vehicle import centre in Bristol to accommodate an additional 2,300 vehicles. The expansion will create 15 new jobs at the growing company, which has its UK headquarters in Cirencester, Gloucestershire.
Mitsubishi Motors Europe
1
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People & Jobs

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Management Moves

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
312 Sep 2014UK Sales Team Expansion - 3 Executive Appointments - Business GrowthFidelity Worldwide Investment has made three new hires to its UK retail adviser sales team. David Ross has been appointed as a Key Account Manager in Scotland and Northern England. Nick Dougal has also joined and Zahid Ali has been promoted, both to the role of sales executive.
Fil Holdings (UK) Limited
743m18m2,2081
116 Sep 2014Sales Manager Appointed - Ongoing Recruitment Campaign - EMEA ExpansionDigital Projection, a manufacturer of DLP projectors with worldwide headquarters in Manchester, has appointed Iain Ambler as Regional Sales Manager for the UK & Ireland as part of an extensive recruitment programme centred on growth in the EMEA region. Digital Projection has a turnover of 29m and 130 employees.
Digital Projection International Limited
29m-2.1m1311
116 Sep 2014Potential Takeover By KKR - Bid Raised By 11% - New CEOTreasury Wine Estates, the Australian owner of Penfolds and Wolf Blass wines with a base in Middlesex, is closer to selling its business after private equity group KKR raised its initial takeover bid by 11%. The company has recently appointed a new Chief Executive, Michael Clarke.
Treasury Wine Estates Emea Limited
132m1131
113 Sep 2014New Chief Executive - Management MovesWarwick based luxury car manufacturer Aston Martin Lagonda has appointed Dr Andrew Palmer as their new Chief Executive. Dr Palmer will be going them from Nissan Motor Corporation where he served as Chief Planning Officer. The firm currently employs 1124 staff with a turnover of 428.61m
Aston Martin Lagonda Ltd
429m-27.8m1,1244
215 Sep 2014New CEO - New Director of E-commerce - Service ExpansionBT Expedite, the retail specialist division within BT, has appointed Kathy Quashie as its new Chief Executive Officer and Asif Khetani is its new Director of E-commerce. BT Expedite is expanding its services, which span every area of multi-channel retailing, including e-commerce, merchandising and CRM.
BT Group PLC
18,287m3,145m881
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People & Jobs

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Outsourcing

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Sep 2014Triometric Contract - Software Outsourcing - Business PerformanceDataArt, the London-based technology development outsourcing specialist, has completed its first project for travel analytics firm Triometric, also known as Hypertrak. The project has helped Triometric streamline its offering by introducing greater automation to the process of health checking its performance monitoring and business analytics platform.
DataArt Technologies UK Ltd
1
17 Sep 2014New Business Development Executive - Growth Of 140% Expected - Firm To RelocatePurpose Media, the Derbyshire-based ecommerce company, has recruited Dominic Wiffin as its new Business Development Specialist to help manage the firms growth. The company aims to achieve growth of 140% and move to new premises. The firm is led by Managing Director Matt Wheatcroft.
Purpose Media UK Limited
1
17 Sep 2014Ceasing Joint Venture - RAC Bought Out - GBP 18.5m RestructureQuindell, the Hampshire-based IT outsourcing services provider, is buying out the RACs stake in its Connected Car Solutions joint venture. The company will take full control of CCS in a restructure costing GBP 18.5m, offset by a GBP 15m cash payment by the RAC. The 2 firms started working together on the venture in April 2014 with the expectation of GBP 70m in earnings in due course.
Quindell Portfolio Plc
380m109m2,4127
13 Sep 2014Acquires Charity Call Centre - Partnership in North America - 65m TurnoverParseq, the Rotherham-based business outsourcer, has acquired Brighton-based charity call centre Pure, which employs 150 people, and has partnerships in North America. The acquisition is part of Parseq's strategy to reach 100m turnover in the three years to 2017. The combined turnover of the group will exceed 65m. Parseq has 7 UK operation centres.
Parseq Limited
12m6m3797
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Headquarters & Premises

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Office Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
115 Sep 20142m Contracts Secured - European and UK Expansion - Creating JobsRazorblue, a North Yorkshire hosting provider and IT consultancy, has secured a further 2m-worth of contracts. Revenue grew 40% in 2013 and 50% growth is expected in 2014. The firm has increased its team by five to 30. It is creating another five roles, opening a fifth office, in Teesside, and is planning to expand Europe-wide.
Razorblue Ltd
4
112 Sep 2014Opens Australian Office - Growth In DemandAberdeen-based travel management company, QA Business Travel, has opened an office in Perth, Australia, as part of an international expansion strategy. The company has identified a growing demand for niche travel management services in the Australian oil and gas sector.
Q.A. Business Travel Limited
2
115 Sep 2014New office - 1bn Investment - Business expansionBerkshire based online retailer Amazon is to open a new London office with the potential for more than 3,000 extra jobs. The company has invested 1bn and so far created 7000 permanent jobs across the UK. The new office will mean that all corporate employees will be located in London by summer 2015, with its main office being in Shoreditch and will open in 2017.
Amazon Group Limited
22m6m1481
17 Sep 2014New Business Development Executive - Growth Of 140% Expected - Firm To RelocatePurpose Media, the Derbyshire-based ecommerce company, has recruited Dominic Wiffin as its new Business Development Specialist to help manage the firms growth. The company aims to achieve growth of 140% and move to new premises. The firm is led by Managing Director Matt Wheatcroft.
Purpose Media UK Limited
1
16 Sep 2014Merging Newsrooms - Cutting Bradford Staff - Business RestructureNewsquest, the newspaper publisher, is reducing the overall size of the editorial team in Bradford, Yorkshire from 18 to 16. The firm is also merging the newsrooms of the Keighley News, Ilkley Gazette, Wharfedale Observer and the Bradford Telegraph & Argus. The company employs 177 staff at 7 UK locations.
Newsquest Media Group Limited
1m2m1777
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Headquarters & Premises

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Industrial Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Sep 20144m Investment - Expands Bristol Import Centre - 15 New JobsMitsubishi Motors is investing 4m to expand the capacity of its vehicle import centre in Bristol to accommodate an additional 2,300 vehicles. The expansion will create 15 new jobs at the growing company, which has its UK headquarters in Cirencester, Gloucestershire.
Mitsubishi Motors Europe
1
12 Sep 20143m Shropshire Investment - New Products - Turnover GrowthAga is investing 3 million in its bases in Shropshire as it lines up new models and brings more of its foundry work in-house. The company has grown turnover to 250.4m and increased employee numbers to 2516. Further employment opportunities are possible. Chief executive William McGrath
Aga Rangemaster Group PLC
250m8m1,30022
116 Sep 2014150,000 Investment - 20% Growth in Turnover - 16 New JobsSuffolk-based Omega Ingredients, which creates natural flavours and ingredients for the global food and beverage industry, is opening a 150,000 Creative Innovation suite and creating 8 new jobs. The company has increased its turnover up to 20% year-on-year to reach 2m.
Omega Ingredients Limited
1
16 Sep 2014Restructuring - Closing Plants in West Midlands and US - 84 Job LossesAerospace firm Timken intends to close its factory in Wolverhampton in 2015, with the loss of 84 jobs, following a fall in orders. It is also closing part of its operation in Arizona, US. Timken UK has a turnover of 23.6m and 180 employees.
Timken Uk Limited
24m4m1774
15 Sep 2014New 11m Regional Distribution Centre - Business growthBirmingham based national property and construction consultancy Wakemans is to deliver an 11m regional distribution centre in Chepstow to leading UK foodservice provider, Bidvest 3663. This will be be the firms 5th regional distribution centre.
Wakemans Limited
3
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Headquarters & Premises

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Retail Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Sep 201465m Investment - Major Commercial Development - 400 Potential New JobsNew Era Development UK is planning a 65m scheme in Sheffield, which will include shops, cafes, a Chinese supermarket, office space, student accommodation and a business incubator aimed at enhancing trade between firms in the UK and China. The investment is expected to create 400 jobs.
New Era Development (UK) Limited
1
112 Sep 2014TK Maxx Store Opens - 55 New JobsTJX UK has opened a new TK Maxx store, at Cortonwood retail park in Barnsley, creating 55 new jobs.
TJX UK
1,815m66m14,000277
15 Sep 2014Retail Project Contract - 110,000 Sq Ft Hampshire Store - GBP 200m Regeneration SchemeBowmer and Kirkland, the Derbyshire-based contractor, has been appointed by Muse Developments to construct a combined 110,000 sq ft Waitrose supermarket and John Lewis at Home store in Basingstoke, Hampshire, scheduled to open before the end of 2015. The project forms part of Basingstoke and Deane Borough Councils 200m regeneration scheme.
Basingstoke & Deane Borough Council
1
17 Sep 2014Retail Project Contract - 110,000 Sq Ft Hampshire Store - GBP 200m Regeneration SchemeBowmer and Kirkland, the Derbyshire-based contractor, has been appointed by Muse Developments to construct a combined 110,000 sq ft Waitrose supermarket and John Lewis at Home store in Basingstoke, Hampshire, scheduled to open before the end of 2015. The project forms part of Basingstoke and Deane Borough Councils 200m regeneration scheme.
Bowmer And Kirkland Limited
660m23m1,3515
12 Sep 2014Opening Burnley Store - New Jobs ExpectedRetailer The Range is planning to open a new home and leisure store in Burnley, Lancashire. The company is taking over the store from DIY chain Homebase.
The Range Home And Leisure Limited
87
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Headquarters & Premises

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Healthcare Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
115 Sep 2014Home closes - 39 Job losses - 16 Residents potentially homelessBrigg, North Lincoln Oakridge Care Group is closing its Riverside Mews Care Home, after 25 years, due to financial difficulties, with 39 job losses and 16 residents to find new homes.
Oakridge Care Group Limited
1
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Headquarters & Premises

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Educational Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Sep 201465m Investment - Major Commercial Development - 400 Potential New JobsNew Era Development UK is planning a 65m scheme in Sheffield, which will include shops, cafes, a Chinese supermarket, office space, student accommodation and a business incubator aimed at enhancing trade between firms in the UK and China. The investment is expected to create 400 jobs.
New Era Development (UK) Limited
1
116 Sep 2014Overseas Expansion - 65m Maritime Training CentreCity of Glasgow College has helped design a 65m maritime training centre in Angola, in a partnership with shipping company Stena and Angola's state oil company Sonangol. The college is developing the curriculum and providing lecturing staff. Students from Angola will spend part of their course in Glasgow.
City of Glasgow College
1
17 Sep 2014Newport Campus Closure - 145 Jobs At Risk - Security, Admin & Catering Cutthe University of South Wales, based in Newport, is to close its century-old campus at Caerleon, near Newport, putting up to 145 jobs are at risk. Formed by the mergers of Glamorgan and Newport universities in 2014, the university said it is to focus on its Newport city campus. The 2-year phased closure will put security, administration and catering jobs at risk.
University of Wales, Newport
1
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Headquarters & Premises

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Leisure Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Sep 201465m Investment - Major Commercial Development - 400 Potential New JobsNew Era Development UK is planning a 65m scheme in Sheffield, which will include shops, cafes, a Chinese supermarket, office space, student accommodation and a business incubator aimed at enhancing trade between firms in the UK and China. The investment is expected to create 400 jobs.
New Era Development (UK) Limited
1
116 Sep 2014Opening Lincoln Gym - Creating Jobs - 37 UK LocationsA new Anytime Clubs UK franchise is opening in Lincoln, creating five jobs. The gym is expected to open in mid-November 2014. The expanding company has 37 clubs in the UK and 2574 across the globe.
Anytime Clubs UK Limited
1
17 Sep 2014Business Launch - 8.5 Acre Site To Be Developed - 10 New Jobs - Crowdfunded LoanThe Potterspury Equine Centre is to be launched in Towcester, Northamptonshire, creating 10 new jobs. The business has secured a six-figure crowdfunded loan to develop an 8.5 acre site which will provide a comprehensive range of equestrian services.
Potterspury Equine Centre
1
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Headquarters & Premises

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Hotel Development Projects

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
115 Sep 2014New Southend Hotel - GBP 450k Project - New Apprentices - Business GrowthSorrel Construction, the Essex-based building firm, has secured a contract to turn former fishermens cottages in Southend into a luxury seafront hotel. The project is costing GBP 450k and the company has worked with South Essex College to find local tradesmen, including new apprentices.
Sorrel Construction Limited
1
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Headquarters & Premises

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Call Centres

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
17 Sep 2014Business Expansion - Barclaycard Acquires Loyalty Firm - New Products and ServicesBarclaycard has acquired The Logic Group, including its UK and Spanish businesses. The acquisition will allow Barclaycard to provide clients with access to a wider suite of products and services. Barclays Plc has a turnover of 36.9bn and 140,300 employees.
Barclays PLC
36,907m140,300989
13 Sep 2014Acquires Charity Call Centre - Partnership in North America - 65m TurnoverParseq, the Rotherham-based business outsourcer, has acquired Brighton-based charity call centre Pure, which employs 150 people, and has partnerships in North America. The acquisition is part of Parseq's strategy to reach 100m turnover in the three years to 2017. The combined turnover of the group will exceed 65m. Parseq has 7 UK operation centres.
Parseq Limited
12m6m3797
15 Sep 2014Acquired By Parseq - 65m Combined TurnoverBrighton-based charity call centre Pure, which employs 150 people, and has partnerships in North America, has been acquired by Parseq, the Rotherham-based business outsourcer. The acquisition is part of Parseq's strategy to reach 100m turnover in the three years to 2017. The combined turnover of the group will exceed 65m.
Pure Associates Limited
1
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Growth

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Turnover Growth

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Sep 2014166.9m Turnover - 452 Employees - Positive Business OutlookJupiter Asset Management Limited is one of the UK's most respected and successful fund management company.
Jupiter Asset Management Limited
167m43m4521
12 Sep 2014153.79m Turnover - 450 Employees - Business SuccessHenry Boot PLC is one of the UK's leading and long-standing property investment and development, land development and construction companies.
Henry Boot PLC
154m19m4501
16 Sep 2014150,000 Investment - 20% Growth in Turnover - 16 New JobsSuffolk-based Omega Ingredients, which creates natural flavours and ingredients for the global food and beverage industry, is opening a 150,000 Creative Innovation suite and creating 8 new jobs. The company has increased its turnover up to 20% year-on-year to reach 2m.
Omega Ingredients Limited
1
12 Sep 2014135m Turnover - 182 Employees - Positive Business PerformanceCompass Group Holdings Public Limited Company is a management company and provides advice and consultancy services to its subsidiary companies.
Compass Group Holdings Public Limited Company
135m57m18227
12 Sep 2014Workforce Expansion - 204 Vacancies - Turnover Grows 19% to 17.6m - Positive Business PerformanceThe Grosvenor Hotel Victoria Limited is engaged in the ownership and operation of a hotel.
The Grosvenor Hotel Victoria Limited
18m1261
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Growth

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Profit Growth

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Sep 2014Profits Increase - Now At GBP 21m - Strong Business PerformanceHill & Smith, the West Midlands-based building products supplier, has experienced a rise in profits for the first half of 2014, now at GBP 20.8m. The company currently employs 3,615 staff at its Solihull base, generating turnover of GBP 444.5m.
Hill & Smith Holdings PLC
445m35m3,6151
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Growth

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Employee Growth

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Sep 2014Vacancies at High Growth Company - 16 Vacancies - Turnover Up 50.2% to 163.6m - 40.3% Employee GrowthHyperion Insurance Group Limited is a group engaged in trading operations comprise wholesale and retail insurance broking, reinsurance broking and underwriting agencies.
Hyperion Insurance Group Limited
164m26m1,43125
16 Sep 2014Turnover Up 34.4% to 15.2m - 35.3% Employee Growth - Postive Business PerformanceThomas Armstrong (Concrete Blocks) Limited is involved in construction services and in the manufacture of quality building products.
Thomas Armstrong (Concrete Blocks) Limited
15m2m694
12 Sep 2014Turnover Up 25.6% to 149m - 23.8% Employee Growth - Positive Business OutlookWcf Ltd group is engaged in the distribution of petroleum products.
Wcf Ltd.
149m4m2971
12 Sep 2014Turnover Increase 39% to 15m - 25% Employee Growth - Postive Business PerformanceW. R. Berkley Syndicate Limited specializes in underwriting a worldwide portfolio of insurance and reinsurance risks.
W. R. Berkley Syndicate Limited
15m1m551
15 Sep 2014Turnover Increase 21% to 15.2m - 52.2% Employee Growth - Business GrowthAvicenna Plc is a group engaged in support members and preferred suppliers with trading facilities, providing advice and support on matters relevant to members.
Avicenna Plc
15m2m701
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New Business Wins & Company Awards

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Contracts, Orders

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Sep 20142m Contracts Secured - European and UK Expansion - Creating JobsRazorblue, a North Yorkshire hosting provider and IT consultancy, has secured a further 2m-worth of contracts. Revenue grew 40% in 2013 and 50% growth is expected in 2014. The firm has increased its team by five to 30. It is creating another five roles, opening a fifth office, in Teesside, and is planning to expand Europe-wide.
Razorblue Ltd
4
12 Sep 201412m A45 bridge contract - Commencing in Januay 2014 - New JobsWOLVERHAMPTON construction and support services company Carillion has won the contract to build a new 12m bridge across the A45 Coventry Road in Solihull. Work will start on site in January 2015 with an expected completion date of August 2016. New jobs will be created. Mark Davies, managing director
Carillion PLC
3,333m124m25,91517
15 Sep 2014Triometric Contract - Software Outsourcing - Business PerformanceDataArt, the London-based technology development outsourcing specialist, has completed its first project for travel analytics firm Triometric, also known as Hypertrak. The project has helped Triometric streamline its offering by introducing greater automation to the process of health checking its performance monitoring and business analytics platform.
DataArt Technologies UK Ltd
1
15 Sep 2014Retail Project Contract - 110,000 Sq Ft Hampshire Store - GBP 200m Regeneration SchemeBowmer and Kirkland, the Derbyshire-based contractor, has been appointed by Muse Developments to construct a combined 110,000 sq ft Waitrose supermarket and John Lewis at Home store in Basingstoke, Hampshire, scheduled to open before the end of 2015. The project forms part of Basingstoke and Deane Borough Councils 200m regeneration scheme.
Basingstoke & Deane Borough Council
1
16 Sep 2014Restructuring - Closing Plants in West Midlands and US - 84 Job LossesAerospace firm Timken intends to close its factory in Wolverhampton in 2015, with the loss of 84 jobs, following a fall in orders. It is also closing part of its operation in Arizona, US. Timken UK has a turnover of 23.6m and 180 employees.
Timken Uk Limited
24m4m1774
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Mergers & Acquisitions

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Mergers, Acquisitions & Flotations

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Sep 2014Sold To Electra Partners - Exceptional Business Growth - 43 LocationsThe Original Bowling Company, which operates 43 sites under the Hollywood Bowl and AMF brands, and employs 1,400 people, has increased its earnings by 60% to 15m. The firm has grown into the UK's largest ten pin bowling operator following a 20m investment by CBPE Capital in 2010. CBPE has now sold the firm to Electra Partners.
The Original Bowling Company Limited
70m2m1,36242
16 Sep 2014Purchased by Clyde Blowers Capital - Rebranding - Creating JobsClyde Blowers Capital has acquired Port Glasgow-based Ferguson Shipbuilders from administrators. The company will be renamed Ferguson Marine Engineering Ltd and Clyde Blowers plans to quadruple the workforce within three to five years.
Ferguson Shipbuilders Limited (In Administration)
9m0.6m891
16 Sep 2014Potential Takeover By KKR - Bid Raised By 11% - New CEOTreasury Wine Estates, the Australian owner of Penfolds and Wolf Blass wines with a base in Middlesex, is closer to selling its business after private equity group KKR raised its initial takeover bid by 11%. The company has recently appointed a new Chief Executive, Michael Clarke.
Treasury Wine Estates Emea Limited
132m1131
16 Sep 2014Diversifying and Expanding - Bio-renewables Company Acquired - 51m TurnoverAkcros Chemicals, an Eccles, Manchester-headquartered supplier of chemical additives is expanding into new sectors and has acquired bio-renewables company Verdex. Akros has increased its turnover by 5% to almost 51m. The growing company has more than 100 employees. It has a sales office in New Brunswick, US.
Akcros Chemicals Limited
51m0.3m1052
17 Sep 2014Business Expansion - Barclaycard Acquires Loyalty Firm - New Products and ServicesBarclaycard has acquired The Logic Group, including its UK and Spanish businesses. The acquisition will allow Barclaycard to provide clients with access to a wider suite of products and services. Barclays Plc has a turnover of 36.9bn and 140,300 employees.
Barclays PLC
36,907m140,300989
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Budgets & Expenditure

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IT

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Sep 201475 Management Jobs At Risk - Investing In Information and Analytics FunctionsNHS England is considering cutting 75 management or senior clinical posts by March 2015 as part of a review. It also plans to strengthen its information, commissioning analytics and health strategy functions.
NHS England
1
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Budgets & Expenditure

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Telecomms

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Sep 2014New CEO - New Director of E-commerce - Service ExpansionBT Expedite, the retail specialist division within BT, has appointed Kathy Quashie as its new Chief Executive Officer and Asif Khetani is its new Director of E-commerce. BT Expedite is expanding its services, which span every area of multi-channel retailing, including e-commerce, merchandising and CRM.
BT Group PLC
18,287m3,145m881
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Companies Receiving Investment

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Venture Capital

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Sep 2014Purchased by Clyde Blowers Capital - Rebranding - Creating JobsClyde Blowers Capital has acquired Port Glasgow-based Ferguson Shipbuilders from administrators. The company will be renamed Ferguson Marine Engineering Ltd and Clyde Blowers plans to quadruple the workforce within three to five years.
Ferguson Shipbuilders Limited (In Administration)
9m0.6m891
15 Sep 2014Ceasing Joint Venture - RAC Bought Out - GBP 18.5m RestructureQuindell, the Hampshire-based IT outsourcing services provider, is buying out the RACs stake in its Connected Car Solutions joint venture. The company will take full control of CCS in a restructure costing GBP 18.5m, offset by a GBP 15m cash payment by the RAC. The 2 firms started working together on the venture in April 2014 with the expectation of GBP 70m in earnings in due course.
RAC Limited
457m119m4,0004
17 Sep 2014Ceasing Joint Venture - RAC Bought Out - GBP 18.5m RestructureQuindell, the Hampshire-based IT outsourcing services provider, is buying out the RACs stake in its Connected Car Solutions joint venture. The company will take full control of CCS in a restructure costing GBP 18.5m, offset by a GBP 15m cash payment by the RAC. The 2 firms started working together on the venture in April 2014 with the expectation of GBP 70m in earnings in due course.
Quindell Portfolio Plc
380m109m2,4127
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Companies Receiving Investment

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Private Equity / Bank Funding

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Sep 20144.6m Funding - Santander - Business expansionWest Yorkshire based machine tool and laser marking company, 600 Group, has received 4.5m funding from Santander Corporate & Commercial. The funding will allow the firm to expand the freehold of its property estate in Colchester and help it better manage rental and other business costs. The firm currently employs 150 staff in 8 locations with a turnover of 20.27m
600 UK Limited
20m-1.3m1504
16 Sep 201411m Investment - 35 New Jobs - Targeting 10m Sales Growth - Increasing ExportsEnniskillen, Northern Ireland, packaging company, Webtech NI, is expected to create 35 jobs in an 11m investment, supported with 767,000 of funding from Invest NI. The 19m turnover company aims to increase sales by 10m over four years, focusing on export growth in Europe and North Africa.
Webtech (N.I.) Limited
19m2m1351
16 Sep 2014Sold To Electra Partners - Exceptional Business Growth - 43 LocationsThe Original Bowling Company, which operates 43 sites under the Hollywood Bowl and AMF brands, and employs 1,400 people, has increased its earnings by 60% to 15m. The firm has grown into the UK's largest ten pin bowling operator following a 20m investment by CBPE Capital in 2010. CBPE has now sold the firm to Electra Partners.
The Original Bowling Company Limited
70m2m1,36242
17 Sep 2014International Investment - Business performanceLondon based online fashion retailer, ASOS is investing into its overseas business and technology, which will prevent earning from growing in the financial year, this follows a serious fire at its main warehouse in Barnsley which forces it to suspend orders. The firm currently employs 1164 staff with a turnover of 769m.
ASOS PLC
769m54m1,1642
12 Sep 2014GBP 4m Investment - New London Stores - Business ExpansionBlow Ltd, the London-based hair and beauty company, is expanding after securing GBP 4m in investment from the founders of the fashion website Asos and private equity firm Lion Capital. The company opened its first salon in Covent Garden in 2013, and will use the funds to open new stores across London. The first will be launched in Canary Wharf during November 2014.
Blow Ltd
1
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Performance & Profits

 - 

Profits

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Sep 2014Turnover Down 10% - Profits Decline to GBP 4.2m - Poor Sales PerformanceMcBride, the London-based cleaning and toiletry products manufacturer, has experienced a fall in UK sales, despite being on track elsewhere in its business. Turnover is down 10% to GBP 259m and pre-tax profits have also fallen from GBP 14.5m to GBP 4.2m.
McBride PLC
761m15m4,8985
16 Sep 2014Strong e-wallet Sales - 78% Growth in ProfitsOnline money transfer company Optimal Payments increased its 2014 first-half profits by 78% to 27.5m dollars, following strong sales at its Neteller e-wallet business. First-half revenue rose 34% to 159.1m dollars. The Isle of Man-headquartered firm has offices in Cambridge and London.
Optimal Payments Limited
13m0.4m183
15 Sep 2014Sales Warning - 60% Growth in ProfitsDerbyshire chocolate manufacturer and retailer Thorntons has warned about a potential slowdown in first-half sales. Despite a 60% increase in annual profits, supermarket sales growth in the first half is expected to be lower than a year ago due to a particularly strong performance last time and a marked first-quarter fall.
Thorntons Plc
221m7m4,000482
12 Sep 2014Revenues Up 23% - Losses Remain Static - Business PerformanceNet-a-Porter, the London-headquartered luxury fashion retailer, remains in the red, with pre-tax losses remaining static despite its revenues increasing 22.6% up to March 2014. The company employs 2,193 staff and has a turnover of GBP 435m.
The Net-A-Porter Group Limited
435m-24.7m2,1931
17 Sep 2014Profits Rise 90% - Help To Buy Scheme Drives Growth - Orders Up 85%Redrow, the North Wales-based housebuilding firm, has increased its profits by a record 91% up to June 2014, now at GBP 133m. The growth is largely due to a 27% increase in purchases, driven by the Help to Buy Scheme. The firms order book is also up by 85%.
Redrow Homes Limited
603m70m1,03611
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Performance & Profits

 - 

Business Performance

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Sep 201460K Investment - 9 New Management Positions - Further Employmet OpportunitiesThomas Dudley, a Black Country foundry, may take on an extra shift in November 2014 because of growing demand for its high quality castings. The company is currently recruiting for 9 new management positions in preparation for the move, and has just invested 60,000 to create a new quality suite. Human Resources Manager is Laura Smith
Thomas Dudley Group Limited
30m2m3452
16 Sep 20144m Investment - Expands Bristol Import Centre - 15 New JobsMitsubishi Motors is investing 4m to expand the capacity of its vehicle import centre in Bristol to accommodate an additional 2,300 vehicles. The expansion will create 15 new jobs at the growing company, which has its UK headquarters in Cirencester, Gloucestershire.
Mitsubishi Motors Europe
1
12 Sep 2014Turnover Up 31% - Now At GBP 75.61m - Business GrowthAlderley Systems, the Gloucestershire-based group engaged in the design, assembly and maintenance of water treatment systems for the oil, gas and petrochemical industries, has experienced turnover growth of 31%, now at GBP 75.6m. The company also produces fire retardant coatings and sub sea insulation materials, and also operates a commercial farm.
Alderley Systems Ltd
26m1m1071
15 Sep 2014Turnover Down 10% - Profits Decline to GBP 4.2m - Poor Sales PerformanceMcBride, the London-based cleaning and toiletry products manufacturer, has experienced a fall in UK sales, despite being on track elsewhere in its business. Turnover is down 10% to GBP 259m and pre-tax profits have also fallen from GBP 14.5m to GBP 4.2m.
McBride PLC
761m15m4,8985
15 Sep 2014Triometric Contract - Software Outsourcing - Business PerformanceDataArt, the London-based technology development outsourcing specialist, has completed its first project for travel analytics firm Triometric, also known as Hypertrak. The project has helped Triometric streamline its offering by introducing greater automation to the process of health checking its performance monitoring and business analytics platform.
DataArt Technologies UK Ltd
1
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Performance & Profits

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Products and Services

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Sep 2014900m of Savings Needed - Thousands of Jobs At RiskCuts to the Government Of Wales budget has a consequence that the 22 local authorities in Wales will need to find up to 900m in savings. This is expected to lead to the loss of thousands of jobs and the closure of libraries and leisure centres.
Government Of Wales
1
18 Sep 2014Recruiting Staff - Endorsed By Apple - International ExpansionCitymapper, a London start-up company, has secured a partnership with Apple, with a version of the Citymapper transport app being created for Apple Watch. After securing $10m of growth funding in March 2014, Citymapper is recruiting staff to support international expansion.
Citymapper Limited
9
15 Sep 2014New Jaguar XE Model - Creating 4,000 Midlands JobsThe new Jaguar XE sports saloon, which goes into production in 2015, will create 1,700 in-house jobs at the Land Rover factory in Solihull, 700 more at parts suppliers DHL and 2,000 in the supply chain, with 150 new supply firms recruited to meet the extra demand for components.
Jaguar Land Rover Limited
7,214m10,1637
16 Sep 2014New Cloud-based Production Service - Investing In Personnel - 22m TurnoverMedia services provider Dock 10 is now offering a cloud-based, collaborative media production facility to clients from its base at Media City in Salford, Manchester. The company has increased its team by 17% to 113 in the last year and further employment opportunities are expected as business growth and development continues. Turnover has increased by 16% to 22m.
Dock 10 Limited
22m1m1131
15 Sep 2014New CEO - New Director of E-commerce - Service ExpansionBT Expedite, the retail specialist division within BT, has appointed Kathy Quashie as its new Chief Executive Officer and Asif Khetani is its new Director of E-commerce. BT Expedite is expanding its services, which span every area of multi-channel retailing, including e-commerce, merchandising and CRM.
BT Group PLC
18,287m3,145m881
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Hot Topic

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Renewable Energy

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Sep 2014Wind Farm Construction to Start - Potential Employment OpportunitiesRES, the Hertfordshire-headquartered renewable energy company is to start on the construction of a 13-turbine wind farm near Peterborough. Construction of the Wryde Croft Wind Farm will take 15 months to complete and is expected to create employment opportunities.
Renewable Energy Systems Limited
31m-3.4m2562
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Hot Topic

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Sales

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Sep 201411m Investment - 35 New Jobs - Targeting 10m Sales Growth - Increasing ExportsEnniskillen, Northern Ireland, packaging company, Webtech NI, is expected to create 35 jobs in an 11m investment, supported with 767,000 of funding from Invest NI. The 19m turnover company aims to increase sales by 10m over four years, focusing on export growth in Europe and North Africa.
Webtech (N.I.) Limited
19m2m1351
12 Sep 2014UK Sales Team Expansion - 3 Executive Appointments - Business GrowthFidelity Worldwide Investment has made three new hires to its UK retail adviser sales team. David Ross has been appointed as a Key Account Manager in Scotland and Northern England. Nick Dougal has also joined and Zahid Ali has been promoted, both to the role of sales executive.
Fil Holdings (UK) Limited
743m18m2,2081
15 Sep 2014Turnover Down 10% - Profits Decline to GBP 4.2m - Poor Sales PerformanceMcBride, the London-based cleaning and toiletry products manufacturer, has experienced a fall in UK sales, despite being on track elsewhere in its business. Turnover is down 10% to GBP 259m and pre-tax profits have also fallen from GBP 14.5m to GBP 4.2m.
McBride PLC
761m15m4,8985
16 Sep 2014Strong e-wallet Sales - 78% Growth in ProfitsOnline money transfer company Optimal Payments increased its 2014 first-half profits by 78% to 27.5m dollars, following strong sales at its Neteller e-wallet business. First-half revenue rose 34% to 159.1m dollars. The Isle of Man-headquartered firm has offices in Cambridge and London.
Optimal Payments Limited
13m0.4m183
15 Sep 2014Sales Warning - 60% Growth in ProfitsDerbyshire chocolate manufacturer and retailer Thorntons has warned about a potential slowdown in first-half sales. Despite a 60% increase in annual profits, supermarket sales growth in the first half is expected to be lower than a year ago due to a particularly strong performance last time and a marked first-quarter fall.
Thorntons Plc
221m7m4,000482
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Hot Topic

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Cloud Computing & Virtualisation

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Sep 2014New Cloud-based Production Service - Investing In Personnel - 22m TurnoverMedia services provider Dock 10 is now offering a cloud-based, collaborative media production facility to clients from its base at Media City in Salford, Manchester. The company has increased its team by 17% to 113 in the last year and further employment opportunities are expected as business growth and development continues. Turnover has increased by 16% to 22m.
Dock 10 Limited
22m1m1131
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Hot Topic

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International

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Sep 201465m Investment - Major Commercial Development - 400 Potential New JobsNew Era Development UK is planning a 65m scheme in Sheffield, which will include shops, cafes, a Chinese supermarket, office space, student accommodation and a business incubator aimed at enhancing trade between firms in the UK and China. The investment is expected to create 400 jobs.
New Era Development (UK) Limited
1
15 Sep 20142m Contracts Secured - European and UK Expansion - Creating JobsRazorblue, a North Yorkshire hosting provider and IT consultancy, has secured a further 2m-worth of contracts. Revenue grew 40% in 2013 and 50% growth is expected in 2014. The firm has increased its team by five to 30. It is creating another five roles, opening a fifth office, in Teesside, and is planning to expand Europe-wide.
Razorblue Ltd
4
16 Sep 201411m Investment - 35 New Jobs - Targeting 10m Sales Growth - Increasing ExportsEnniskillen, Northern Ireland, packaging company, Webtech NI, is expected to create 35 jobs in an 11m investment, supported with 767,000 of funding from Invest NI. The 19m turnover company aims to increase sales by 10m over four years, focusing on export growth in Europe and North Africa.
Webtech (N.I.) Limited
19m2m1351
16 Sep 2014Sales Manager Appointed - Ongoing Recruitment Campaign - EMEA ExpansionDigital Projection, a manufacturer of DLP projectors with worldwide headquarters in Manchester, has appointed Iain Ambler as Regional Sales Manager for the UK & Ireland as part of an extensive recruitment programme centred on growth in the EMEA region. Digital Projection has a turnover of 29m and 130 employees.
Digital Projection International Limited
29m-2.1m1311
16 Sep 2014Restructuring - Closing Plants in West Midlands and US - 84 Job LossesAerospace firm Timken intends to close its factory in Wolverhampton in 2015, with the loss of 84 jobs, following a fall in orders. It is also closing part of its operation in Arizona, US. Timken UK has a turnover of 23.6m and 180 employees.
Timken Uk Limited
24m4m1774
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Hot Topic

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Ecommerce

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Sep 2014Strong e-wallet Sales - 78% Growth in ProfitsOnline money transfer company Optimal Payments increased its 2014 first-half profits by 78% to 27.5m dollars, following strong sales at its Neteller e-wallet business. First-half revenue rose 34% to 159.1m dollars. The Isle of Man-headquartered firm has offices in Cambridge and London.
Optimal Payments Limited
13m0.4m183
17 Sep 2014New Business Development Executive - Growth Of 140% Expected - Firm To RelocatePurpose Media, the Derbyshire-based ecommerce company, has recruited Dominic Wiffin as its new Business Development Specialist to help manage the firms growth. The company aims to achieve growth of 140% and move to new premises. The firm is led by Managing Director Matt Wheatcroft.
Purpose Media UK Limited
1
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