Friday, 22 March 2013

The UK Knack Group Reviews Today’s Events ……

Recruitment drive in Liverpool-based marketing agency

Liverpool-based marketing agency Ph Creative has embarked on a recruitment drive and is aiming to double revenues to more than £3m over the next year.   A recent £500,000 venture capital investment has allowed the company to move forward with its expansion plans

West Yorkshire-based Engineering firm creates 18 new jobs

West Yorkshire-based Multi-Tech Engineering is relocating to 34,500 sq. ft. workshop and offices in Ferrybridge, in a £3m investment backed by Yorkshire Bank.  It is recruiting trainee engineers, increasing headcount from 22 to 40 and expects turnover to double to 5m. The investment will allow it to handle bigger components, service larger contracts and expand into new markets.

Coventry commercial and residential development brings180 new jobs

Trebor Developments is to build a commercial and residential development on the 40-acre former Acetate Products site in Coventry.  The development, which could create 180 jobs, will provide distribution and storage buildings, car de-fleet processing centre, general industry and motor vehicle sales.  Work will start in summer 2013 for occupation in spring 2014.

MBO at Nottingham-based Monarch Education Furniture means 20 new jobs expected

Nottingham-based Monarch Education Furniture has undergone a management buy-out supported with funding from HSBC. Monarch recently won four major contracts with local education authorities and is planning to increase export sales. Turnover is expected increase from £8.2m in 2012 to £9.5m in 2013 and 20 jobs will be created, taking its workforce to 100.

10 new jobs at Beverley-based marine services provider Dalby Offshore

Beverley-based marine services provider Dalby Offshore is creating 10 new jobs after securing a £1.36 million asset finance facility to buy a new workboat. 

250 Jobs Planned at Webanywhere by 2016

Keighley-based internet firm Webanywhere has taken on 32 extra employees since announcing its expansion plans in August 2012 and plans to create 250 more jobs by 2016. 

200 jobs created in Morrison new supermarket in Elland, West Yorkshire

WM Morrison has opened a new supermarket in Elland, West Yorkshire, creating 200 jobs. Mark Corps is general manager of the new store, which is part of the on-going expansion of the retailer.  Turnover £17.6bn, 131,200 employees.

Grant secured for Hull renewable energy plant means 60 New Jobs

Energy Works, Spencer Group's renewable energy power plant to be built in Hull, has secured £19.9m of European funding. The grant is the largest for an energy generation scheme in England.  The complete Energy Works development will produce enough electricity to power 25,000 houses and create 60 jobs once operational. 

10 new jobs Prestige Holidays

Prestige Holidays is recruiting ten new members of staff following an increase in business since the turn of the year.  Their European Destinations programme is up 14% year on year, Canada up 30%, Croatia up 18% and UK up 12%.

Plans for Norfolk supermarket means 100 potential new jobs

Norwood Homes is planning to build a new 10,000sq ft. supermarket on the site of Thaxters DIY timber yard in Holt, Norfolk.  The supermarket would be expected to create 100 jobs.

Opening of Walkers Creative office in Reading brings potential new jobs

Walkers Creative, a Swansea-based design studio has opened an office in the grounds of Reading University, Berkshire.  The company has expanded after gaining an increasing number of customers along the M4 corridor.  Its expansion could create employment opportunities.

Proposed New Care Home in Stowmarket brings 90 new jobs

Care home specialist Castleoak proposal to build a new care home in Stowmarket which will be run by Care UK and create up to 90 new jobs.  The project is estimated to cost around £4.5 million.

Refurbished hotel in Tankerton, Kent to reopen creating new jobs

Shepherd Neame is nearing completion of the £1.6m refurbishment of the Marine Hotel in Tankerton, Kent. Most of the staff that were laid off during the refurbishment will be re-employed and extra jobs created.  A new manager has been appointed.

Expansion of leisure facilities at Patrington Haven means potential new jobs

Patrington Haven Leisure Park in Holderness, East Yorkshire, is to be expanded following a further £5m investment by its owners.  New leisure and recreation facilities at the park will be created as part of a phased development.  The expansion could create employment opportunities.

Private Equity / Bank Funding: Stake in MB Aerospace acquired by Arlington Capital Partners 

US private equity firm Arlington Capital Partners, from Lloyds TSB Development Capital, has acquired a majority stake in MB Aerospace. The funding will be used for acquisitions in the US as part of an on-going expansion strategy.  The firm has operations in Motherwell, Burnley, Derby and the US. 360 employees, 81m dollars turnover.

Private Equity / Bank Funding: Funding for ChupaMobile

ChupaMobile, a London-based start-up that operates a community marketplace for mobile app components has raised £255k in funding.

Private Equity / Bank Funding: Equilibrium Wealth Management expects to exceed asset targets and new office opened

Cheshire-based Equilibrium Wealth Management expects to exceed its annual asset target of £40m after securing £32.5m of new assets under management in the six months to March 2013.  In February 2013 Equilibrium opened its third office in Chester and six members of the team have achieved chartered financial planner status.
Penny Winter – The UK Knack Group

www.theukknackgroup.co.uk