Blog Archives

1pm in line for further expansion after making first acquisition

July 29, 2015
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1pm in line for further expansion after making first acquisition

1pm, the fast-growing Bath-based specialist lender, has made its first acquisition with the takeover of a firm providing equipment finance and broking. 1pm, which last Friday announced it was seeking bolt-ons to continue its rapid expansion, this week said it was paying up to £12m in cash for MHH Holdings, a Lancashire-based group which...

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Ahead of the Agenda: The Week Ahead

July 26, 2015
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Monday 27 July Interims: Acacia Mining, Dialight, Fevertree Drinks, Hiscox, Reckitt Benckiser, Senior, XP Power Final: Goodwin Trading statements: Cranswick, Petra Diamonds AGM: Cranswick Economics: CBI trends – total orders, selling prices Tuesday 28 July Interims: BP, Brammer, Burford Capital, Domino’s Pizza, Drax, Elementis, GKN, Greencoat UK Wind, Informa, ITV, Jardine Lloyd Thompson, McColl's...

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Trade minister praises West of England’s strength in attracting inward investment

July 24, 2015
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Trade minister praises West of England’s strength in attracting inward investment

The West of England’s ambitions to attract more inward investment and boost its level of exports were highlighted this week with the visit of trade and investment minister Lord Francis Maude. Lord Maude met a cross section of small and medium-sized firms and recent investors in the area along with representatives from engineering giant...

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Innovative community-business connector Neighbourly goes for growth after £1m angel investment

July 24, 2015
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Neighbourly, the innovative Bath-based internet platform that connects community projects with companies wishing to make a difference, has raised more than £1m from angel investors. The funds – its third round of investment – will be used to grow the firm’s engineering team and accelerate its development and international launch. It is also being...

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Philippines fishing fleet contract netted by Software Radio Technology

July 24, 2015
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Philippines fishing fleet contract netted by Software Radio Technology

Software Radio Technology (SRT), the specialist marine identification and tracking technology firm, has landed a $700,000 (£452,000) contract in the Philippines. Under the deal, the Midsomer Norton firm’s AIS Class A transceivers will be deployed on Philippine fishing vessels over the next seven months to help the authorities monitor the country’s maritime exclusive economic...

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Shaun the Sheep rounds up Colour Studios’ engineers to help with European Green Capital game

July 24, 2015
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Shaun the Sheep rounds up Colour Studios’ engineers to help with European Green Capital game

Engineers from Radstock-based exhibition and graphics firm Colour Studios have built a cardboard 3D pop-up display to help launch a Shaun the Sheep online sustainability game as part of Bristol’s year as European Green Capital. Colour Studios, which specialises in sustainable events and displays, was recruited by Bristol City Council’s design team to collaborate...

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First-time dividend for 1pm shareholders as it clocks up another year of growth

July 24, 2015
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First-time dividend for 1pm shareholders as it clocks up another year of growth

Shareholders in Bath-based specialist lender 1pm are to receive their first dividend after the firm achieved its fifth year of strong organic growth. Pre-tax profits for the year to May 31 rose by 20% to £1.62m on revenues up 31% at £5.5m on a surge in new business and a significant increase in business...

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‘Building excellence’ award for cottages designed by Bath architects Aaron Evans

July 24, 2015
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Bath architecture firm Aaron Evans has won a regional ‘building excellence’ award for a pair of cottages in Newton St Loe – the first family homes to be built in the village since 1949. The design topped the Best Small New Housing Development category in the Local Authority Building Control (LABC) West of England...

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BAE Systems military air contract landed by Wincanton

July 24, 2015
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BAE Systems military air contract landed by Wincanton

Logistics group Wincanton has won a contract with BAE Systems to supply its Military Air & Information (MAI) operations, extending a 10-year relationship between the Chippenham-based firm and defence giant. Under the contract Wincanton will also become the operator of a new purpose-built Defence Logistics Centre, due to be completed next year in the...

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Bath charity race day boosts Children’s Hospice South West

July 24, 2015
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Bath charity race day boosts Children’s Hospice South West

Keynsham-based specialist building contractor Dribuild – the premium sponsor of Bath Racecourse’s winning post – has raised more than £17,000 for the Children’s Hospice South West from the course’s Summer Afternoon Raceday meeting. The meeting on Wednesday – specially organised to support the hospice, the company’s charity of the year – may now become...

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