Thursday, 14 March 2013

The UK Knack Group Reviews Today’s Events ……


Sperrin Tube Supplies creates 15 new jobs in Cookstown, Northern Ireland

Sperrin Tube Supplies is investing £1m to expand its plant in Cookstown, Northern Ireland, creating 15 new jobs.  Invest Northern Ireland is providing 250,000 funding.  The company opened a highly automated steel tube mill in 2012, increasing its competitiveness.  It has filled 5 of the new roles and is seeking 10 skilled manufacturing and product engineering staff.

New Blackpool factory brings 15 New Jobs

Food supplement and health product manufacturer Nutrition Group is planning to invest £2m in a new factory in Blackpool.  The move will Increase its workforce from 75 to 90, and more jobs are expected.  The new plant is being funded by the business along with a £150,000 grant from the governments Regional Growth Fund. 

New jobs created by Wales-based transport business, Delsol

Wales-based transport business Delsol has increased turnover to £6m after handling its largest ever parcel and pallet volumes 2012.  The firm has increased its fleet to 60 vehicles and increased staff numbers to 80.  Demand for all services has grown, and a new Delsol Direct online ordering service has helped to increase internet sales.

20 new jobs at Burnley leisure and fitness centre

Crow Wood Leisure is planning to create 20 more jobs at its leisure and fitness centre in Burnley, Lancashire, in 2013.  The company has experienced high demand since opening its £4m Woodland Spa and Bertrams Restaurant redevelopment and needs to recruit more beauty therapists.  120 employees.

Management Moves: New Designer appointed by IndependentBoutique.com

Luxury etailer IndependentBoutique.com is to receive a six-figure sum from angel investors.  The funding will be used for marketing, development of international fulfilment capabilities and new product lines and to commission exclusive ranges.  British designer Victor Herbert is joining the team.

Management Moves: Communisis Commercial Director steps down

Communisis recorded 23% growth in operating profit to 11.6m, on turnover of 229.8m in its 2012 preliminary results. Overseas revenue increased from 4% of turnover to 7%. The company has secured new contracts with Yorkshire Building Society and Thames Water. Commercial director John Wells will step down from the board and move to a part-time role.

Management Moves: New HR and Business Excellence Directors for Compass Group

Support services provider Compass Group has appointed Fiona Ryland as group HR Director and Caron Naylor as Director of Business Excellence.  Both appointments are internal promotions.  Ms Naylor takes over from Jason Leek, who is now leading a strategic project. Current retention director Carol Hudson has joined the executive team. £2bn turnover, 50,000 employees.

Management Moves: Ecommerce manager appointed by Base

Fashion retailer Base has appointed Andrew Baldwin as its first ecommerce manager.  The appointment is part of a strategy to expand its online operations.  Base retail has a turnover of £9.7m and 120 employees.

Private Equity / Bank Funding: HSBC providing expansion support EHL Ingredients with potential new jobs

EHL Ingredients, the Manchester-based food ingredient supplier, recorded a 20% increase in sales to £5m in 2012. It has entered into a new banking agreement with HSBC, which will support its expansion in overseas markets.  EHL is developing allergen-free spices and new blends for manufacturers and foodservice.  The expansion of the company could create jobs.

Private Equity / Bank Funding: New Machinery investment for Mcauliffe

Wolverhampton environmental contractor Mcauliffe has invested in new machinery after securing a £1m financing package. The company has an annual turnover of £6m and employs 40 members of staff. 

Private Equity / Bank Funding: £300,000 technology investment for NCS Construction & Retail Services

Recruitment firm NCS Construction & Retail Services aims to increase turnover from £7.8m to £20m by 2018, after securing a £300,000 investment from NEL Fund Managers.  It plans to invest in new digital technologies, which will allow clients to access information showing how work is progressing. 24 employees.

Private Equity / Bank Funding: Printing.com appointed as government delivery partner in £112m Start-Up Loans scheme

Manchester-based Printing.com is to help deliver the government-backed Start-Up Loans scheme.  The £112m scheme gives under 30s access to government loans of up to a maximum of 15,000.  Printing.com will interview and mentor young people that want to start up in the printing and graphic arts industries. Turnover 21.7m, 150 employees.

Private Equity / Bank Funding: Partner Sought by tool and plant hire firm Gap Group

Private equity bank funding. Tool and plant hire firm Gap Group is predicting another year of rising sales and turnover after securing a £70 million 3 year credit line with Royal Bank of Scotland that will allow the company to continue its expansion drive.  The company is also looking for a partner to support them in their ambitions to continue to expand and diversify. 

Penny Winter – The UK Knack Group

www.theukknackgroup.co.uk