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People & Jobs

 - 

Job Gains / Losses

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£91m Cost Saving Measures - 700 Jobs At Risk - Service Closures ExpectedUp to 700 more jobs could be lost as part of Leicestershire County Council's plans to save £91m by 2018. Some services, including rural transport subsidies, could be cut as part of the cost savings strategy.
Leicestershire County Council
5
2512 Dec 2014£7.5m Investment - New Waste Treatment Centre - Creating 25 Jobs - £10m TurnoverJ&B Recycling, a Hartlepool, Co Durham-based recycling firm, is planning to create 25 jobs after securing a £7.5m investment. The cash sum will support wider expansion plans, which include opening a Middlesbrough-based commercial waste treatment centre. J&B Recycling has 170 staff and turnover of around £10m.
J & B Recycling Limited
£10m£0.2m1442
12 Dec 2014£5.8m Education Contract Secured - 41,500 sq ft College Extension - Potential Employment OpportunitiesLondon-based contractor ISG is to start work on the £5.8m expansion of Colchester Institute in Essex. The 41,500 sq ft extension includes workshops and teaching space. The development is expected to create employment opportunities.
ISG Plc
£1,284m£3m2,4492
216 Dec 2014£490,000 Growth Funding - Targeting New Markets - Creating Jobs - £5.5m TurnoverR.M.P. Products, a Wednesbury, West Midlands manufacturing firm, has purchased new machinery with the support of a £490,000 bank loan. The firm is targeting new markets and plans to recruit additional sales and inspection staff. One job and an apprenticeship have already been created at the 26-strong firm which has annual turnover of £5.5m.
R.M.P. Products Limited
1
18012 Dec 2014£3m Sale of Dating Assets - 180 Job Losses - Transforming Into Investment CompanyCupid Plc is proposing to sell its remaining online dating sites for £3m, make around 180 staff redundant, rebrand and transform into an investment company, under the name of Castle Street Investments. The company would become a well capitalised cash shell with approximately £18m to invest in new opportunities.
Cupid Plc
£56m£-8.0m50815
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People & Jobs

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Management Moves

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
618 Dec 2014Six Management Appointment - Bristol Sales Team Expanded - £160m TurnoverIndependent invoice finance provider, Bibby Financial Services, has expanded its Bristol sales and operations teams with the appointment of six new staff, including four new Business Development Managers, a Head of Operations and a Relationship Manager. The company has an annual turnover of £161m and 1,200 employees.
Bibby Financial Services Limited
£161m£48m1,21014
115 Dec 2014New CEO Appointed - Business ChangeLouis Dreyfus, the London-based agricultural commodities company, has appointed Mayo Schmidt as its new CEO. The company has two UK locations in London and Manchester.
Louis Dreyfus & Co.Limited
£-0.2m22
116 Dec 2014Chief Executive Officer Appointed - Staff Recruitment Plans - International ExpansionSalford-based communications agency WRG, has appointed David Sharrock as its new Chief Executive. Mr Sharrock was formerly Chief Operating Officer at WRG. The agency intends to expand its clients, employee base and international footprint. It currently employs 200 people across Europe, Middle East, Asia-Pacific and North America.
WRG Group Limited
£48m£0.4m1778
116 Dec 2014Business Growth - Appoints Investment Director - Finance Team ExpandedLondon-based Regis Group, a real estate investment company, has appointed Mark Snape as Investment Director, reflecting its UK expansion and growth. Mr Snape will be responsible for growing Regis's freehold ground rent, residential and commercial property portfolios. Regis has also appointed a senior management accountant to join its Essex-based finance team.
Regis Group Plc
2
312 Dec 2014Business Development Managers Appointed - Sales Team Expanded - £10m TurnoverAvocet Hardware, based in Brighouse, West Yorkshire, has significantly expanded its field sales presence with the appointment of three new business development managers. Avocet, which designs and develops door and window hardware, has annual turnover of £9.6m and 60 employees.
Avocet Hardware (UK) Ltd
£9m£0.2m581
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People & Jobs

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Outsourcing

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Dec 2014Outsourcing Agreement with Dutch Bank - Multi-billion Dollar ContractIBM, the international IT and consulting services company, has secured a multi-billion dollar 10-year outsourcing contract with Dutch bank ABN AMRO. IBM UK is headquartered in Portsmouth, Hampshire.
IBM United Kingdom Holdings Limited
1
12 Dec 2014New £750m Contract - Running Australian Immigration Centres - £4.29bn TurnoverOutsourcing company Serco has secured a five-year contract to continue to run immigration detention centres in Australia. The contract is estimated to be worth £500m to £750m. Headquartered in Hook, Hampshire, Serco has turnover of £4.29bn and around 95,000 employees.
Serco Group PLC
£4,288m£144m94,9802
18 Dec 2014Lincolnshire Library Contract Bid - Major Outsourcing OpportunityGreenwich Leisure Ltd has expressed an interest in running library services for Lincolnshire County Council. The company is a not for profit organisation that already runs library services in London.
Greenwich Leisure Limited
2
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Headquarters & Premises

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Office Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
115 Dec 2014Moving To New Headquarters - Potential New Jobs - £9.5m TurnoverRogers Stirk Harbour + Partners, an international architectural practice, is to move to a new office inside the Leadenhall Building, the City of London skyscraper designed by the practice. The move is expected to create employment opportunities. The £9.5m turnover firm employs around 200 people and has offices in London, Sydney and Shanghai.
Rogers Stirk Harbour + Partners (Architects) Limited
£9m£2m111
18 Dec 2014Major Regeneration Programme - 5,000 Potential New Jobs - 15 LocationsWest Sussex-based Worthing Borough Council and Adur District Council are planning to regenerate 15 key sites in an investment that could create 5,000 jobs and 136,000 square metres of business space. The investment would include new IT and telephony systems.
WORTHING BOROUGH COUNCIL
1
118 Dec 2014International Expansion - New Headquarters and Showroom - Potential New Jobs - £48m TurnoverBathroom specialists Crosswater has opened new headquarters in Dartford, London, including a new office warehouse and bathroom showroom. Crosswater has a growing share of the UK market and is now embarking on international expansion. Jobs are expected at the £48m turnover company, as expansion continues.
Crosswater Limited
£48m£4m1411
15 Dec 2014Business Growth - New Offices - Possible New JobsOchiba Business Solutions, who specialise in the implementation and support of SAP Business One software for small and medium sized businesses, has moved to larger offices near Sheffield and increased its implementation and support teams to deal with an increase in orders. The new office will also accommodate the company's ambition for further growth which could lead to employment opportunities. Dave Worsman is Managing Director
Ochiba Limited
1
115 Dec 2014Business Expansion - Software Company Acquired - Customer Centre Opened - £80m TurnoverNottingham IT business Jigsaw24 has continued its expansion with the acquisition of Matrix, a software business based in Knutsford, Cheshire. Jigsaw24 recently launched a flagship customer centre in Soho, London. It acquired Square Group in June 2014, increasing its turnover to more than £80m. Martin Balaam is Chief Executive
JIGSAW24 LIMITED
2
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Headquarters & Premises

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Industrial Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
112 Dec 2014£7.5m Investment - New Waste Treatment Centre - Creating 25 Jobs - £10m TurnoverJ&B Recycling, a Hartlepool, Co Durham-based recycling firm, is planning to create 25 jobs after securing a £7.5m investment. The cash sum will support wider expansion plans, which include opening a Middlesbrough-based commercial waste treatment centre. J&B Recycling has 170 staff and turnover of around £10m.
J & B Recycling Limited
£10m£0.2m1442
116 Dec 2014£6m Investment - Quadrupling Production Capacity - Major Supermarket Contract - £20m TurnoverSuffolk-based Aspall Cyder is to invest £6m into new production facilities in response to a potential five-year supermarket contract. The investment will help the company to quadruple its output. The expansion is not expected to create new jobs.
Aspall Cyder Limited
£20m£0.6m61
16 Dec 2014£490,000 Growth Funding - Targeting New Markets - Creating Jobs - £5.5m TurnoverR.M.P. Products, a Wednesbury, West Midlands manufacturing firm, has purchased new machinery with the support of a £490,000 bank loan. The firm is targeting new markets and plans to recruit additional sales and inspection staff. One job and an apprenticeship have already been created at the 26-strong firm which has annual turnover of £5.5m.
R.M.P. Products Limited
1
118 Dec 2014£300m Contract Secured - New Manufacturing Site in Canada - Creating JobsGuildford, Surrey-based bus manufacturer, Alexander Dennis, is to open a new manufacturing facility in Ontario, Canada, after winning a multi-year order for double-decker buses from Metrolinx, estimated to be worth £300m. Jobs will be created at the new site.
Alexander Dennis Limited
£541m£6m2,4643
116 Dec 2014£1m Expansion - Doubling Turnover - 10 New JobsRedmoor, a supplier of dried fruits, nuts, herbs and spices, has invested £1m in new premises at Gunnislake, Cornwall. The company, which has 26 staff, expects turnover to double within two years. The expansion will support the creation of 10 new jobs.
Redmoor Limited
1
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Headquarters & Premises

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Retail Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
18 Dec 2014Placed into Administration - Jobs At Risk - Store To Be SoldIndependent department store JR Taylor has been placed into administration, putting jobs at risk. Administrators from Duff and Phelps are seeking a buyer for the store, which is located in Lytham St Annes, Lancashire.
JR Taylor (Lancashire) Limited
£2m£-0.5m1
112 Dec 2014New Tesco Express - Creating JobsSupermarket retailer Tesco is to build a Tesco Express store in Castledawson, Northern Ireland. The expansion is expected to create new jobs.
Tesco PLC
£63,557m£2,631m391,8683,300
118 Dec 2014New Store Opened - Employment Opportunities - £35.15m TurnoverFitted furniture specialist, Sharps, has opened a new store in Warrington, Cheshire, creating two jobs with the possible creation of more in the future.
Sharps Kitchens & Bedrooms Limited
25
18 Dec 2014New Showrooms - 25% Growth in Sales - Recruiting Fabricators and Fitters - Expanding and DiversyfingRocksolid Granit, the Tunbridge Wells, Kent, kitchen installer, has increased its retail network sales by almost 25%. Further revenue growth is expected as the company, which trades as Granite Transformations, has recently opened several new showrooms. It is seeking trained fabricators and fitters, and is diversifying into bathroom makeovers.
Rocksolid Granit (Europe) Limited
£3m£0.2m161
16 Dec 2014New Craft Beer Store - Employment OpportunitiesPop-up craft beer store Grunting Growler has opened its third, temporary premises in Glasgow. The latest store follows the successful opening of the company's first two ventures. Grunting Growler's on-going expansion is expected to create employment opportunities.
Grunting Growler Ltd
1
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Headquarters & Premises

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Educational Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£5.8m Education Contract Secured - 41,500 sq ft College Extension - Potential Employment OpportunitiesLondon-based contractor ISG is to start work on the £5.8m expansion of Colchester Institute in Essex. The 41,500 sq ft extension includes workshops and teaching space. The development is expected to create employment opportunities.
ISG Plc
£1,284m£3m2,4492
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Headquarters & Premises

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Public Service Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Dec 2014£10m Investment - Service Improvements - Creating 60 JobsTrain operator, Abellio Greater Anglia, is to invest £10m in service improvements in addition to an existing £20m programme of enhancements. The investment will include the recruitment of additional staff, including 10 customer service staff, 40 cleaning staff and 6 catering staff.
Abellio Greater Anglia Ltd
£681m2,9362
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Headquarters & Premises

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Leisure Premises

GainLossDateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
112 Dec 2014£4m Investment - New Cardiff Youth Hostel - £45m TurnoverThe YHA has invested over £4m in a new Youth Hostel in Cardiff. Based in Matlock, Derbyshire, the charity has a turnover of £45m, around 1,300 employees and provides accommodation at locations across England and Wales
YHA (England And Wales)
£45m1,228200
116 Dec 2014Opening New Bar - Creating 10 Jobs - 11 LocationsGround Espresso Bars is opening a 1,800sqft outlet at a new Tesco Extra store in Banbridge, Northern Ireland, creating 10 jobs. The company employs more than 120 staff at 11 locations across Northern Ireland.
Ground Espresso Bars Limited
1
115 Dec 2014Northamptonshire Pub Acquired - Jobs Expected - Business GrowthAbiica LLP, the Leiestershire-based property investment firm, has purchased the Crown pub in Northamptonshire, and given it a complete refurbishment. The day to day operations of the pub will now be managed by Greans West Haddon, also based in Leicestershire, and new jobs are expected.
Abiica LLP
1
112 Dec 2014Gym Opening in Lincoln - 15 New Jobs - £40m TurnoverPure Gym is opening a new 24-hour gym in Lincoln city centre, creating 15 new jobs. The gym is expected to open in February 2015. Pure Gym, which is headquartered in Ripon, Yorkshire, has a turnover of around £40m.
Pure Gym Limited
£40m£4m15083
112 Dec 2014Business Expansion - Opening Gloucestershire Bar - 25 New Jobs - £22m TurnoverLoungers Ltd is expanding with the opening of a casual dining eaterie, coffee shop and bar in Stroud, Gloucestershire, in December 2014, creating 25 new jobs. Loungers has a turnover of £22.1m and 640 employees.
Loungers Limited
£22m£1m6411
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Growth

 - 

Turnover Growth

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Dec 2014£1m Expansion - Doubling Turnover - 10 New JobsRedmoor, a supplier of dried fruits, nuts, herbs and spices, has invested £1m in new premises at Gunnislake, Cornwall. The company, which has 26 staff, expects turnover to double within two years. The expansion will support the creation of 10 new jobs.
Redmoor Limited
1
12 Dec 2014Turnover up 7% To £79m - Profit Up 10% To £7.6m - Investing in PremisesTreatt Plc, the Bury St Edmunds, Suffolk-based essential oil and flavouring company, has increased its annual revenue by 7% to £79.2m while profit has increased by 10% to £7.6m. The company is considering plans to redevelop its existing premises or relocate to a new facility, in order support business growth.
Treatt Plc
£74m£7m3043
16 Dec 2014Turnover up 64.45% to £12.07m - Employees up to 110Indigo Products, fabricators of of PVCu products, has grown turnover nearly 65 percent to £12.07m and increased employee numbers by 39 percent to 110. The company operates from a 26,000 sq ft purpose-build upvc fabrication facility in Walsall automated with state-of-the-art machinery. The company's continued growth could lead to employment opportunities.
Indigo Products Limited
£12m£-0.6m1102
15 Dec 2014Software company acquired - Growth Strategy - Revenues up to £53.5mAccess Technology Group, the business software company, has acquired cloud hosting specialists StratoGen giving them hosting capabilities to support ongoing growth of its SaaS (Software as a Service) and cloud suite of products. Access has been on a path of strategic and organic growth since undergoing a management buy-out backed by Lyceum Capital in March 2011, with its latest annual results showing increased revenues of £53.5m and earnings of £11.6m. The company have also increased employee numbers by over 33% to 474. The continued growth strategy could lead to more employment opportunities. Chris Bayne is Chief Executive
Access Technology Group Limited
£43m£7m47314
15 Dec 2014Doubles Work Space - Recruits Staff - Expands Internationally - £4m Turnover ExpectedTrelawny SPT, a Leamington Spa, Warwickshire-based manufacturer of surface preparation machinery, has doubled its work space and recruited nine new employees to meet demand. Turnover is expected to exceed £4m as the company continues to find new markets for its products around the world and further employment opportunities are possible.
Trelawny SPT Limited
1
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New Business Wins & Company Awards

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Contracts, Orders

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Dec 2014£6m Investment - Quadrupling Production Capacity - Major Supermarket Contract - £20m TurnoverSuffolk-based Aspall Cyder is to invest £6m into new production facilities in response to a potential five-year supermarket contract. The investment will help the company to quadruple its output. The expansion is not expected to create new jobs.
Aspall Cyder Limited
£20m£0.6m61
12 Dec 2014£5.8m Education Contract Secured - 41,500 sq ft College Extension - Potential Employment OpportunitiesLondon-based contractor ISG is to start work on the £5.8m expansion of Colchester Institute in Essex. The 41,500 sq ft extension includes workshops and teaching space. The development is expected to create employment opportunities.
ISG Plc
£1,284m£3m2,4492
18 Dec 2014£300m Contract Secured - New Manufacturing Site in Canada - Creating JobsGuildford, Surrey-based bus manufacturer, Alexander Dennis, is to open a new manufacturing facility in Ontario, Canada, after winning a multi-year order for double-decker buses from Metrolinx, estimated to be worth £300m. Jobs will be created at the new site.
Alexander Dennis Limited
£541m£6m2,4643
16 Dec 2014Outsourcing Agreement with Dutch Bank - Multi-billion Dollar ContractIBM, the international IT and consulting services company, has secured a multi-billion dollar 10-year outsourcing contract with Dutch bank ABN AMRO. IBM UK is headquartered in Portsmouth, Hampshire.
IBM United Kingdom Holdings Limited
1
12 Dec 2014New £750m Contract - Running Australian Immigration Centres - £4.29bn TurnoverOutsourcing company Serco has secured a five-year contract to continue to run immigration detention centres in Australia. The contract is estimated to be worth £500m to £750m. Headquartered in Hook, Hampshire, Serco has turnover of £4.29bn and around 95,000 employees.
Serco Group PLC
£4,288m£144m94,9802
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New Business Wins & Company Awards

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Awards

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
15 Dec 2014Secures National Award - Rapid Business Growth - £46m Turnover - 400 EmployeesDenby, Derbyshire-based plastic extrusion firm HL Plastics has won the prestigious Growing Business of the Year Award for mid-sized companies, created by Real Business. Rapidly growing HL Plastics, which has 400 employees and £46m turnover, has grown both turnover and employee numbers by over 20% in the last twelve months, assisted by significant success with its Liniar range of products. The company is actively recruiting, and its continued success could lead to even more employment opportunities.
H L Plastics Limited
£46m£3m3131
16 Dec 2014Best Business Innovation Award - £3.8m TurnoverDevon-headquartered Fairford Electronics, which manufactures control devices for industrial electric motors, won the title of Best Business Innovation at the South West Green Energy Awards. The company has turnover of £3.8m.
Fairford Electronics Limited
£4m£-0.0m1
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Mergers & Acquisitions

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Mergers, Acquisitions & Flotations

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£16m Chepstow Depot Operational - Investing in IT and Vechicles - Possible AcquisitionsFoodservice provider Bidvest 3663 is now fully operational from its new £16m depot in Chepstow, Wales. The investment is part of an on-going programme, which includes the company's nationwide infrastructure, vehicle fleet and IT systems alongside a number of potential acquisitions.
BFS Group Limited
£2,071m£35m5,8085
18 Dec 2014£150m Fundraising -?? Acquiring US Company -?? Expanding into New High-Growth MarketHealthcare company BTG Plc is to buy US-based interventional pulmonology business PneumRX Inc for up to 475m dollars. BTG has raised £150m in a share placing to help fund the deal which gives the company access to the high-growth market of interventional pulmonology.
BTG PLC
£291m£27m7761
18 Dec 2014esure Acquires 100% Holding - £95m InvestmentWales-headquartered Gocompare.com is to come under full ownership of esure Group plc, which is acquiring the outstanding 50 percent of the company for £95m. GoCompare has grown to be one of the UK's top financial services brands and a leading price comparison website.
Gocompare.Com Holdings Limited
£110m£25m1661
15 Dec 2014Software firm Acquired - £1.9m Investment - Further acquisitions - Turnover GrowthCoventry based software and IT services group Sanderson has acquired Solihull‚Äôs Proteus Software for up to £1.9m, and continues to consider acquisition opportunities as they arise. The company has grown turnover nearly 4% to £13.83m and increased employee numbers over 5% to 154, and intends to focus upon delivering organic growth. Chairman is Christopher Winn
Sanderson Group Plc
£14m£2m1546
15 Dec 2014Software company acquired - Growth Strategy - Revenues up to £53.5mAccess Technology Group, the business software company, has acquired cloud hosting specialists StratoGen giving them hosting capabilities to support ongoing growth of its SaaS (Software as a Service) and cloud suite of products. Access has been on a path of strategic and organic growth since undergoing a management buy-out backed by Lyceum Capital in March 2011, with its latest annual results showing increased revenues of £53.5m and earnings of £11.6m. The company have also increased employee numbers by over 33% to 474. The continued growth strategy could lead to more employment opportunities. Chris Bayne is Chief Executive
Access Technology Group Limited
£43m£7m47314
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Budgets & Expenditure

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IT

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£16m Chepstow Depot Operational - Investing in IT and Vechicles - Possible AcquisitionsFoodservice provider Bidvest 3663 is now fully operational from its new £16m depot in Chepstow, Wales. The investment is part of an on-going programme, which includes the company's nationwide infrastructure, vehicle fleet and IT systems alongside a number of potential acquisitions.
BFS Group Limited
£2,071m£35m5,8085
18 Dec 2014£10m Investment - New Technology - £30m Cost Savings - Service ImprovementsCumbria Partnership NHS Foundation Trust has invested £10m in new technology. The investment is expected to lead to savings of £30 million in the future. The new infrastructure is expected to improve patient care by allowing health providers to access patient information quickly.
Cumbria Partnership NHS Foundation Trust
25
18 Dec 2014Major Regeneration Programme - 5,000 Potential New Jobs - 15 LocationsWest Sussex-based Worthing Borough Council and Adur District Council are planning to regenerate 15 key sites in an investment that could create 5,000 jobs and 136,000 square metres of business space. The investment would include new IT and telephony systems.
WORTHING BOROUGH COUNCIL
1
18 Dec 201410% Growth In Turnover - New Staff Recruited - Investment in IT and Premises - 12 LocationsAccountancy firm Johnston Carmichael increased its revenues by 10% to £36.8m in the year to May 2014. Profits grew slightly from £0.57m to £10.75m, with profit growth held back by investment in staff recruitment, office premises and technology. The Aberdeen-based practice employs 620 staff across its 12 offices.
Johnston Carmichael Llp
£33m£11m49511
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Companies Receiving Investment

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Private Equity / Bank Funding

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£7.5m Investment - New Waste Treatment Centre - Creating 25 Jobs - £10m TurnoverJ&B Recycling, a Hartlepool, Co Durham-based recycling firm, is planning to create 25 jobs after securing a £7.5m investment. The cash sum will support wider expansion plans, which include opening a Middlesbrough-based commercial waste treatment centre. J&B Recycling has 170 staff and turnover of around £10m.
J & B Recycling Limited
£10m£0.2m1442
16 Dec 2014£6m Investment - Quadrupling Production Capacity - Major Supermarket Contract - £20m TurnoverSuffolk-based Aspall Cyder is to invest £6m into new production facilities in response to a potential five-year supermarket contract. The investment will help the company to quadruple its output. The expansion is not expected to create new jobs.
Aspall Cyder Limited
£20m£0.6m61
16 Dec 2014£490,000 Growth Funding - Targeting New Markets - Creating Jobs - £5.5m TurnoverR.M.P. Products, a Wednesbury, West Midlands manufacturing firm, has purchased new machinery with the support of a £490,000 bank loan. The firm is targeting new markets and plans to recruit additional sales and inspection staff. One job and an apprenticeship have already been created at the 26-strong firm which has annual turnover of £5.5m.
R.M.P. Products Limited
1
18 Dec 2014£2m Fundraising ?- New Projects ?- International and UK ExpansionTechnologies provider APC Technology Group has raised just over £2m to support the expansion of the business, particularly related to energy efficiency projects in the UK and in North America
APC Technology Group
13
18 Dec 2014£150m Fundraising -?? Acquiring US Company -?? Expanding into New High-Growth MarketHealthcare company BTG Plc is to buy US-based interventional pulmonology business PneumRX Inc for up to 475m dollars. BTG has raised £150m in a share placing to help fund the deal which gives the company access to the high-growth market of interventional pulmonology.
BTG PLC
£291m£27m7761
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Performance & Profits

 - 

Profits

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£500m Profits Warning - £1.4bn Profits Expected - Turnaround StrategyRetailer Tesco has issued a £500m profits warning. Trading profits are not expected to exceed £1.4bn in the year to February 2015, substantially below City expectations of at least £1.9bn. The company is implementing a turnaround plan.
Tesco PLC
£63,557m£2,631m391,8683,300
12 Dec 2014Turnover up 7% To £79m - Profit Up 10% To £7.6m - Investing in PremisesTreatt Plc, the Bury St Edmunds, Suffolk-based essential oil and flavouring company, has increased its annual revenue by 7% to £79.2m while profit has increased by 10% to £7.6m. The company is considering plans to redevelop its existing premises or relocate to a new facility, in order support business growth.
Treatt Plc
£74m£7m3043
18 Dec 2014Profits Up 7% to £4m - £224.5m TurnoverInternational Greetings, the Bedordshire-headquartered gift firm, increased its profits by 7.1% to £4m in the half-year to the end of September 2014. The company has a turnover of £224.5m and 1,800 employees.
International Greetings PLC
£224m£9m1,8011
18 Dec 2014Difficult Trading Period - £1.4m Loss - 13% Decline in SalesBus manufacturer Optare made a loss of £1.4m for the six months to September 2014, compared with £0.8m a year earlier. Sales volumes were 13% lower partly due to contraction of the UK bus market. The company is headquartered in North Yorkshire.
Optare PLC
£57m£-3.0m4036
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Performance & Profits

 - 

Business Performance

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£500m Profits Warning - £1.4bn Profits Expected - Turnaround StrategyRetailer Tesco has issued a £500m profits warning. Trading profits are not expected to exceed £1.4bn in the year to February 2015, substantially below City expectations of at least £1.9bn. The company is implementing a turnaround plan.
Tesco PLC
£63,557m£2,631m391,8683,300
12 Dec 2014£3m Sale of Dating Assets - 180 Job Losses - Transforming Into Investment CompanyCupid Plc is proposing to sell its remaining online dating sites for £3m, make around 180 staff redundant, rebrand and transform into an investment company, under the name of Castle Street Investments. The company would become a well capitalised cash shell with approximately £18m to invest in new opportunities.
Cupid Plc
£56m£-8.0m50815
12 Dec 2014Turnover up 7% To £79m - Profit Up 10% To £7.6m - Investing in PremisesTreatt Plc, the Bury St Edmunds, Suffolk-based essential oil and flavouring company, has increased its annual revenue by 7% to £79.2m while profit has increased by 10% to £7.6m. The company is considering plans to redevelop its existing premises or relocate to a new facility, in order support business growth.
Treatt Plc
£74m£7m3043
15 Dec 2014Secures National Award - Rapid Business Growth - £46m Turnover - 400 EmployeesDenby, Derbyshire-based plastic extrusion firm HL Plastics has won the prestigious Growing Business of the Year Award for mid-sized companies, created by Real Business. Rapidly growing HL Plastics, which has 400 employees and £46m turnover, has grown both turnover and employee numbers by over 20% in the last twelve months, assisted by significant success with its Liniar range of products. The company is actively recruiting, and its continued success could lead to even more employment opportunities.
H L Plastics Limited
£46m£3m3131
18 Dec 2014Placed into Administration - Jobs At Risk - Store To Be SoldIndependent department store JR Taylor has been placed into administration, putting jobs at risk. Administrators from Duff and Phelps are seeking a buyer for the store, which is located in Lytham St Annes, Lancashire.
JR Taylor (Lancashire) Limited
£2m£-0.5m1
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Performance & Profits

 - 

Products and Services

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£91m Cost Saving Measures - 700 Jobs At Risk - Service Closures ExpectedUp to 700 more jobs could be lost as part of Leicestershire County Council's plans to save £91m by 2018. Some services, including rural transport subsidies, could be cut as part of the cost savings strategy.
Leicestershire County Council
5
16 Dec 2014£10m Investment - Service Improvements - Creating 60 JobsTrain operator, Abellio Greater Anglia, is to invest £10m in service improvements in addition to an existing £20m programme of enhancements. The investment will include the recruitment of additional staff, including 10 customer service staff, 40 cleaning staff and 6 catering staff.
Abellio Greater Anglia Ltd
£681m2,9362
18 Dec 2014Proposed Budget Reduction - 58 Job Losses Expected - 1,700 Student Places At RiskNorthern Ireland-based South West College could lose 1,700 student places and 58 jobs if plans to reduce its budget go ahead. The college operates four campuses across the region, in Dungannon, Cookstown, Omagh and Enniskillen. The potential cuts would apply in the 2015/16 academic year, commencing September 2015.
South West College
1
18 Dec 2014New Showrooms - 25% Growth in Sales - Recruiting Fabricators and Fitters - Expanding and DiversyfingRocksolid Granit, the Tunbridge Wells, Kent, kitchen installer, has increased its retail network sales by almost 25%. Further revenue growth is expected as the company, which trades as Granite Transformations, has recently opened several new showrooms. It is seeking trained fabricators and fitters, and is diversifying into bathroom makeovers.
Rocksolid Granit (Europe) Limited
£3m£0.2m161
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Ecommerce

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
12 Dec 2014£3m Sale of Dating Assets - 180 Job Losses - Transforming Into Investment CompanyCupid Plc is proposing to sell its remaining online dating sites for £3m, make around 180 staff redundant, rebrand and transform into an investment company, under the name of Castle Street Investments. The company would become a well capitalised cash shell with approximately £18m to invest in new opportunities.
Cupid Plc
£56m£-8.0m50815
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Sales

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
18 Dec 2014Six Management Appointment - Bristol Sales Team Expanded - £160m TurnoverIndependent invoice finance provider, Bibby Financial Services, has expanded its Bristol sales and operations teams with the appointment of six new staff, including four new Business Development Managers, a Head of Operations and a Relationship Manager. The company has an annual turnover of £161m and 1,200 employees.
Bibby Financial Services Limited
£161m£48m1,21014
18 Dec 2014New Showrooms - 25% Growth in Sales - Recruiting Fabricators and Fitters - Expanding and DiversyfingRocksolid Granit, the Tunbridge Wells, Kent, kitchen installer, has increased its retail network sales by almost 25%. Further revenue growth is expected as the company, which trades as Granite Transformations, has recently opened several new showrooms. It is seeking trained fabricators and fitters, and is diversifying into bathroom makeovers.
Rocksolid Granit (Europe) Limited
£3m£0.2m161
18 Dec 2014Difficult Trading Period - £1.4m Loss - 13% Decline in SalesBus manufacturer Optare made a loss of £1.4m for the six months to September 2014, compared with £0.8m a year earlier. Sales volumes were 13% lower partly due to contraction of the UK bus market. The company is headquartered in North Yorkshire.
Optare PLC
£57m£-3.0m4036
12 Dec 2014Business Development Managers Appointed - Sales Team Expanded - £10m TurnoverAvocet Hardware, based in Brighouse, West Yorkshire, has significantly expanded its field sales presence with the appointment of three new business development managers. Avocet, which designs and develops door and window hardware, has annual turnover of £9.6m and 60 employees.
Avocet Hardware (UK) Ltd
£9m£0.2m581
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Cloud Computing & Virtualisation

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
16 Dec 2014Business Growth - Major Contract Secured - Deploying Cloud Technology InternationallyEdinburgh-based Intelligent Point of Sale has fitted its hybrid cloud payment processing technology into Canadian Coffee chain Second Cup's first UK cafe in Manchester. The technology is also being used in coffee outlets in Ghana, Lithuania and Yemen. Intelligent Point of Sale has 11 employees.
Intelligent Point of Sale Limited
1
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International

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
18 Dec 2014£300m Contract Secured - New Manufacturing Site in Canada - Creating JobsGuildford, Surrey-based bus manufacturer, Alexander Dennis, is to open a new manufacturing facility in Ontario, Canada, after winning a multi-year order for double-decker buses from Metrolinx, estimated to be worth £300m. Jobs will be created at the new site.
Alexander Dennis Limited
£541m£6m2,4643
18 Dec 2014£2m Fundraising ?- New Projects ?- International and UK ExpansionTechnologies provider APC Technology Group has raised just over £2m to support the expansion of the business, particularly related to energy efficiency projects in the UK and in North America
APC Technology Group
13
18 Dec 2014£150m Fundraising -?? Acquiring US Company -?? Expanding into New High-Growth MarketHealthcare company BTG Plc is to buy US-based interventional pulmonology business PneumRX Inc for up to 475m dollars. BTG has raised £150m in a share placing to help fund the deal which gives the company access to the high-growth market of interventional pulmonology.
BTG PLC
£291m£27m7761
12 Dec 2014Reducing Office Staff - 40% Fall in Oil Price - Ongoing Restructuring ProgrammeLondon-headquartered oil company BP is speeding up job cuts in the UK and abroad, as part of a rationalisation launched in 2010. The latest job cuts, prompted by a 40% fall in the price of crude oil, will affect head office and back office staff. BP has 15,000 UK employees and 84,000 worldwide.
BP PLC
£238,527m83,900300
12 Dec 2014New £750m Contract - Running Australian Immigration Centres - £4.29bn TurnoverOutsourcing company Serco has secured a five-year contract to continue to run immigration detention centres in Australia. The contract is estimated to be worth £500m to £750m. Headquartered in Hook, Hampshire, Serco has turnover of £4.29bn and around 95,000 employees.
Serco Group PLC
£4,288m£144m94,9802
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