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The Samuel James Group forms partnership with The Telegraph

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The Samuel James Group and its media brand, Business Manchester, has been selected by the UK national newspaper, The Telegraph, to be its regional media partner for a series of events, including the Festival of Business Manchester.

The Festival of Business Manchester will host over 250 North West SMEs at the Radisson Blu Edwardian hotel, Manchester on 4 June 2019.

As part of the partnership, the first event saw Business Manchester promoting the free to attend Business Digital Transformation Forum on 26 February 2019 at The Landing, Manchester, in association with Vodafone.

The Forum explored how business leaders in the North West can effectively implement new technology and processes, and ensure that their businesses are well equipped to thrive in the digital economy.

Opening with a debate from trusted industry voices, local business leaders and Vodafone experts, attendees also had the opportunity to drill down into key topic areas and gain practical advice in their choice of exclusive workshop. Both sessions provided actionable takeaways and solutions to help power businesses.

Luke Toudup from The Telegraph, said: “We are very excited to announce our media partnership with Business Manchester. The quality of their business content, coupled with their impressive reach across the North West region, sets the partnership with our Manchester events up for success!”

Added Sam Whitear, Group Commercial Director, The Samuel James Group: “This is a tremendous honour for us to be asked to partner with a media organisation of the standing of The Telegraph.

“Business Manchester was only launched in September 2018 and it illustrates the great progress we have made to establish a good news business newspaper in Greater Manchester and the level of support we have received.”

 

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MBO secures future of construction products company

A long-established building products business has undergone a management buy-out backed by a £500,000 loan from Mercia Fund Managers.

Quantum Profile Systems, which employs 90 staff at its headquarters in Oldham, is a leading supplier of contract flooring accessories and plastic extrusion products to builders’ merchants and window manufacturers. The deal gives control of the business to the management team consisting of the Managing Director Clive Bowen, Operations Director Simon Crossley and Sales Director Steve Kean.

Quantum manufactures its own brands including the Quantum range of stair edgings, treads and flooring accessory products, the Dacatie range of cavity wall closers and fire barriers, the Qwood range of timber composite glazing beads and QLean bespoke profile  extrusions. The company is a ‘lean’ manufacturer which aims to make what the customer wants, when they want it, whilst providing outstanding customer service through its loyal and long serving team of employees.

Established over 50 years ago, the company underwent a management buy-out in 2000 in which Clive Bowen took part. In the latest deal, he and his two fellow directors have acquired the interests of a range of retired, retiring and inactive shareholders.

Clive Bowen, said: “Quantum’s success has been due in no small part to our team of loyal employees. We are delighted to conclude this deal which will allow us to take the business forward and secure the long term future for all our staff.”

Mercia is one of the few loan providers able to fund management buy-outs in small firms. Its EV SME Loans fund provides loans between £150,000 and £1.0million to established and growing SMEs across the UK.

Chris Pestell of Mercia Fund Managers, said: “In a space of just 15 years, Quantum has moved from being a traditional mass manufacturer to a modern company where the ‘lean approach to business’ is embraced by every employee. With continuous improvement in efficiency and ongoing investment in IT, sales and profitability have been growing. This funding will allow Clive and his fellow directors to take full control of the business and continue its success story.”

Signia Corporate Finance provided corporate finance, deal structuring and fundraising advice to the company, while Weightmans provided legal advice to Mercia Fund Managers. Lloyds Bank provided an invoice finance facility.

Stuart Lees of Signia Corporate Finance, said: “We are delighted to have worked with Clive, Simon, Steve and the rest of the team in helping them to secure Quantum’s future as an innovative and independently owned manufacturing business in the heart of Oldham.”

Manchester start-up Dsposal cleans up with government backing

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A fast-growing clean tech start-up launched in Manchester is celebrating after winning a five-figure government contract to help combat waste crime.

Dsposal, set up by CEO Tom Passmore and COO Sophie Walker, was launched in March 2018 with a mission to make it easy for everyone to find the right place for their waste and tackle the national fly tipping epidemic.

The company has won an £80,000 contract to research how to develop a smart waste tracking system for the entire UK.

Dsposal is one of five companies across the UK to have been awarded this contract. The start-up is also in the running to be one of two potential projects that could be chosen for an additional £500,000 of second phase funding under the new GovTech Catalyst scheme; which if successful, would start later this year.

Sophie Walker, co-founder and COO, said: “Dsposal is the first interconnected, collaborative waste management platform for everyone. We’re on a mission to help tackle waste crime, promote waste as a valuable resource and drive the circular economy.

“Winning this contract is a testament to all the work that we’ve put in and reassures us that we’re on the right track. It’s a huge challenge, the waste industry is very complex, but it’s also an enormous opportunity. We need to be bold and use this chance to do something transformative. Waste is in the public eye like never before and we must seize this chance to deliver solutions that move the country towards resource efficiency and help us deliver on the Government’s ambitious Resources and Waste Strategy.”

Schroders adds to city tower team with agent appointment

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Schroders has appointed Cushman & Wakefield as joint leasing agent on City Tower, Piccadilly, Manchester.

City Tower is owned in a joint venture held between Schroder Real Estate Investment Trust, the actively managed UK REIT, Schroder UK Real Estate Fund and Immobilien Europa Direkt.

The mixed-use scheme comprises 615,429 sq ft of office, retail, leisure and hotel accommodation and 456 car parking spaces across three acres.

The property is let to over 70 tenants including the National Institute for Health & Care Excellence (NICE), the Ministry of Justice, The University of Law, M&S Food, Starbucks and Hays Specialist Recruitment.

Schroders received planning permission for the redevelopment of the podium level space in 2018. Plans for the project will see the 2,645 sq ft space transformed to create a new, co-working offering and external terrace for existing tenants.

The podium level will also provide indoor and outdoor event space, with a focus on creating a health, mindfulness and wellbeing centre and offering business networking and private function opportunities.

Cushman & Wakefield will focus on marketing the remaining office space within the tower alongside joint agents, Edwards & Co. Office space is available to satisfy requirements from 1,500 sq ft up to 50,000 sq ft.

Rob Yates Head of North West Office Agency at Cushman & Wakefield, said: “City Tower has a major presence in Manchester city centre. We are delighted to have this opportunity to work on this landmark instruction for Schroders with their existing team. The plans to enhance the current offering are very exciting and this presents a major opportunity to enhance the scheme marketing. The building offers highly attractive accommodation to a market which currently is facing a severe shortage of quality supply.”

Rob Cosslett, Investment Manager at Schroder Real Estate, said: “We are delighted to welcome Cushman & Wakefield to the team at City Tower. We are continuing to invest in the asset both aesthetically and experientially with further plans for development alongside a robust tenant engagement strategy.”

New £35 million development could see 258 homes built in Bolton

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A £35 million homes development featuring plans for private cinemas and gyms for residents has been proposed for Bolton town centre.

The new build, which is subject to planning permission, would feature 258 apartments and four town houses.

It is the latest in a series of announcements as part of Bolton Council’s £1bn masterplan to redevelop the town centre.

The residential development, proposed by Bolton-based company Forshaw, would be built on land fronting St Georges Road between Bark Street and Back Bark Street.

Lyndon Forshaw, managing director of Forshaw, said: “This project will set a new benchmark for high quality residential schemes in Bolton town centre.

“It will provide much needed new homes in the heart of Bolton and feature unrivalled facilities for residents.

“These will include fully equipped gymnasiums, private cinemas, residents’ lounges and roof terrace.

“The site is located at an important gateway to the town which has been derelict for years and in need of the regeneration opportunity this development proposal provides.”

Mr Forshaw added: “As a Bolton-based company, Forshaw are fully behind the council’s ambitious masterplan for the town centre.

“We anticipate this will be the first of several schemes to come forward in coming months and years which will ultimately help to revive the town centre economy.”

Bolton Council is working with investors and developers on its ambitious £1bn blueprint which will see five key areas redeveloped in the heart of the town centre.

This development sits within the Croal Valley intervention zone. Other announcements that have been made so far include £48m plans for Trinity Gateway unveiled last week by Bolton Regeneration Limited, who are also involved in plans to redevelop Crompton Place Shopping Centre.

In addition, details of Muse Development’s £150 million project for a new neighbourhood in Church Wharf were revealed last month.

Cllr Ebrahim Adia, Deputy Leader of Bolton Council, said: “This state-of-the-art proposed development is the latest piece in the council’s masterplan jigsaw, and will regenerate another key gateway to the town centre.

“It demonstrates yet more investor confidence in our strategy and in Bolton’s growing economic position within the city region.

“As well as transforming how the town centre looks, we are committed to adapting to what residents want and that is clearly high-quality homes close to jobs, services and good transport links.

“This development will provide top quality homes and ultimately create more footfall to help shops and businesses nearby.

“It is yet another example of how our strategy to transform the centre of Bolton is really gathering pace.

“It will deliver much needed homes on a brownfield site helping reduce the pressure on less sustainable locations.”

Dept names Dimi Albers as Global CEO

As part of its continued growth, international agency Dept has announced that Dimi Albers will lead the role of Global Chief Executive Officer. This is a new and pivotal position overseeing Dept’s rapid expansion across the globe.

Over the past twelve years, Dimi has taken on various roles in the agency including founding its Amsterdam office in 2011 and undertaking daily management with Frank Schmid of Dept’s founding agency TamTam in 2015. Frank will be working alongside Dimi in the role of COO.

In response to the appointment, Paul Manuel, Chairman of Dept’s Board said: “Dimi is one of a kind. He has a deep understanding of our market and a huge drive to serve our clients in the best way possible. Having been with our agency for over twelve years, he represents both our culture and driven nature.”

Dimi Albers, Global CEO, said: “By giving clients access to specialised digital teams that combine data, creativity and technology, Dept is developing rapidly from its current position as a top-3 European player to a leading global digital agency.

“We firmly believe that our ‘new kind of agency’ approach can benefit brands immensely, as Dept clients receive an integrated one-stop-shop with simple structures, speed, clarity, and personal contact.”

It was a strong start to 2019 for Dept in the UK with the acquisition of e3creative, one of Manchester’s most successful digital agency, cementing its UK headquarters in the northern city with a talented team of 140 craftsmen. Additionally, Dept launched its UK Commerce division (formerly known as BE EXCELLENT – Germany’s leading Salesforce Commerce Cloud implementation partner). Dept also launched a new Digital Teams service offering organisations a flexible team of proven experts to accelerate and deliver digital transformation projects.

Managing Director of Dept UK, Jasper van de Luijtgaarden added: “2019 is an important year for Dept in the UK; we’re looking to expand and complete our service portfolio in order to provide our clients with full-service capabilities. We’ll be focusing on building the best agency in the country, enabling our clients to maximise the breadth of our integrated service offering to accelerate their digital reality.”

Innovative Manchester businesses could benefit from millions more in R&D tax relief

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Businesses in Manchester could be claiming millions more in research and development (R&D) tax credits as more than eight in 10 companies across the city are eligible, according to tax relief specialists Catax.

A massive 84 per cent of companies in Manchester have developed new products or business processes in the last two years, spending an average of £209,758 on these innovations, research shows1.

This means these companies are in line for valuable R&D tax relief that the government provides to encourage innovation.

But so far only 48 per cent of all Manchester firms report having claimed the tax credits which means at least 43 per cent of eligible firms could start claiming, boosting their revenue by tens of thousands of pounds every year, according to the study.

Manchester business executives believed the average value of an R&D tax relief claim in the first year to be just £19,118 when the true figure is more than double that, at £49,000 for firms in all sectors nationwide. R&D doesn’t have to have been successful to qualify and claims can be backdated at least two years2.

Companies in Manchester have previously missed out on R&D claims either because they don’t think they qualify or they incorrectly believe that it is expensive and time consuming and ‘would not know where to start’.

This is despite 76% of businesses in Manchester being aware that companies can claim R&D tax relief if they develop a new product or service, according to the Censuswide survey.

Across the UK, the number of firms that have ever claimed is 37%, which puts Manchester ahead of the national average.

Mark Tighe, CEO of Manchester-based tax relief specialist Catax, commented:

“There is a great opportunity here for Manchester’s business sector to really cash in on its impressive investment in innovation by ensuring all eligible companies claim what they are due in R&D tax credits.

“With average annual R&D claims sitting in the tens of thousands, this is a major untapped revenue stream for many Manchester companies and could make a huge difference to their bottom lines.

“There is still a misconception among many companies that R&D is all about science laboratories and test tubes and is not related to their own work. We’d like to see this change.

“Companies in Manchester invest hundreds of thousands each year on developing new products and services so business executives looking to improve margins and efficiencies should take a proper look at their R&D tax relief entitlements.

“If all this money were reinvested in the businesses to fuel further growth and innovation, it could really supercharge the whole city’s economy.”

Inspired Recruitment and CCS Recruitment appoints first Marketing Manager

North West based recruitment specialists Inspired Recruitment and CCS Recruitment have appointed Cezara Glynn as Marketing Manager.

Creation of the new role follows an exciting period of expansion at the organisation, as the business continues to invest in its search for top talent.

Founder and Director, Sean Hickey said: “We have experienced significant growth over the last two years and the appointment of our first Marketing Manager is the next big step to drive the brand further developing the IT, and construction markets.

“We’re delighted that Cezara has joined our team, and there are exciting times ahead for Inspired and CCS.”

Cezara will focus on developing the company’s brand, content and digital strategy. She will be responsible for supporting business development, creating and managing marketing material for Inspired Recruitment and CCS Recruitment, in a bid to expand partnerships with clients and candidates across the North West, UK and Europe.

“Recruitment is an extremely competitive industry, so a coherent, effective marketing strategy is vital for Inspired and CCS,” she said. “I’m very much looking forward to putting my digital and creative skills to good use and helping to drive further tangible growth for the organisation.”

Cezara brings more than nine years’ marketing experience to her new role. She started her career as a junior reporter for Tameside & Glossop Chronicle, before moving into communications and digital marketing in a variety of sectors, including higher education, IT, and digital marketing.

Sean added: “At Inspired and CCS we care passionately about our candidates’ careers and matching the best skilled individuals with our clients’ objectives. Cezara aims to enhance the quality of our communications and relationship building to deliver that added value to our work for candidates and clients alike.”

Visualsoft strengthens tech team with new head of IT and security

Manchester based leading e-commerce and digital agency, Visualsoft, has appointed a new head of IT and security to its growing team.

In his new role, Lee will help to enhance the security of Visualsoft’s eCommerce platform software for retailers.  Enhancing the infrastructure to scale up and out. In addition, he will introduce greater automation to drive reliability and resilience.

Having previously worked at Avid Technology as a Global IT operations and systems manager, Lee brings a wealth of relevant experience to the role.

Lee joins Visualsoft’s team, of over 300 staff, who specialise in the design, build, support and marketing of online stores for retailers across the UK. Charles Clinkard, Little Mistress and The Lakes Distillery are amongst the brands on the business’ ever-growing client list.

Commenting on his appointment, Lee said: “I look forward to seizing this opportunity to make a positive difference at Visualsoft. Security is a vital facet of modern-day online retail, so I’ll be taking our infrastructure to the next level with the development and IT operations teams.”

Neil Innes, Chief Technology Officer, commented: “The nature of our business means security is of the utmost importance to both ourselves and our clients. Online security has always been a top priority for eCommerce and m-commerce retailers. After recent cyber-attacks and data breaches, such as Dixons Carphone Warehouse, we want to ensure our clients have the best security solutions in place to protect their brand reputation. We’re thrilled to have Lee on board to grow this department further and further bolster our security processes.”

Manchester charity makes significant donations

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A whole host of North West charities are to benefit from significant five figure donations.

Manchester-based Red Sea Pedestrians, a charity which raises valuable funds for organisations throughout the region, celebrated its 10th anniversary by donating more than £100k to 10 charities.

Charities such as Wood Street Mission, The Toy Appeal, Park Lane School, Ronald McDonald House, Beechwood Cancer Care, Centre Point, Teenage Cancer Trust, Grace’s Place, Henshaws Society for the Blind, Manchester and Reuben’s Retreat all received the funds at a recent special anniversary event.

Trustees of Red Sea Pedestrians like to choose charities who they know will be close to everybody’s heart and whose need for support is the greatest.

Antony Wagman, chair of trustees of Red Sea Pedestrians, said: “There is no better way to celebrate the Red Sea Pedestrians’ significant milestone than to provide vital support for other local charities.

“Each year we receive tremendous support and generosity from our supporters, it is greatly appreciated and without their help and donations, we wouldn’t be able to assist fellow charities across the North West.

“For our 10th anniversary, we opted to do something different and help out 10 different organisations from across the region. It brings a smile to my face knowing that we’ve made significant donations to 10 charities, each of which is such a worthy cause.”