Finance

Garden centre firm grows its green credentials with funding for biomass energy

August 1, 2014
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Garden centre firm grows its green credentials with funding for biomass energy

A garden centre business owned by the same family since opening in 1884 is future-proofing itself against spiraling energy costs and enhancing its green credentials after securing £400,000 funding from Barclays. Whitehall Garden Centre at Lacock near Chippenham, which also owns and operates a site near Bristol, is installing three biomass energy cabins using...

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Bath innovators take centre stage at Barclays’ prestigious London business showcase

July 31, 2014
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Bath innovators take centre stage at Barclays’ prestigious London business showcase

Four pioneering Bath firms have showcased their innovation to a large group of senior business and technology directors at Barclays’ global headquarters in London. The four fledgling businesses were among six chosen by SETsquared – the business hub supported by the University of Bath – to represent its groundbreaking innovation. The event was part...

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Bath Business Blog: Colin Skellett, chair, West of England LEP. What’s the big deal with our Growth Deal?

July 25, 2014
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Bath Business Blog: Colin Skellett, chair, West of England LEP. What’s the big deal with our Growth Deal?

By Colin Skellett, Chair, West of England LEP Since the Government announcement a couple of weeks ago of the local growth deals awarded to England’s 39 Local Enterprise Partnerships (LEPs), there have been a lot of big numbers bandied about. Unless you’re close to the deals, the figures and the fuss may seem a...

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More expansion on cards at Bath-based vets group after it secures new equity funding

July 25, 2014
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More expansion on cards at Bath-based vets group after it secures new equity funding

Fast-growing Bath-based national veterinary group Independent Vetcare (IVC) is set for further expansion following investment by US and UK equity investor Summit Partners. Summit has bought out August Equity, which backed IVC’s launch in 2011 when three veterinary companies in Bath, Bristol and Hertfordshire merged. It has since taken on more than 40 groups,...

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Learning disability group selected as Bath Building Society’s first charity of the year

July 22, 2014
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Learning disability group selected as Bath Building Society’s first charity of the year

Bath Building Society has chosen its first charity of the year – Bath Gateway Out and About, which provides help and support to people aged 18-plus with a learning disability. It is also one of nine charities and community groups sharing £7,000 from the society’s Annual Charity Awards scheme. A further four organisations have...

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Staff share £600,000 payout as accountants Old Mill chalk up record growth

July 18, 2014
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Staff share £600,000 payout as accountants Old Mill chalk up record growth

West Country accountancy firm Old Mill achieved a record 14.2% growth in business last year, taking total income to £16.2m and enabling it to pay £600,000 in staff bonuses. The firm, which employs 270 people across its offices in Melksham, Wells, Yeovil, Dorchester and Exeter, has grown turnover by at least 10% a year...

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Bath media group Future warns its financial turnaround is still some way off

July 16, 2014
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Bath media group Future warns its financial turnaround is still some way off

Shares in troubled Bath publisher Future fell this week after it admitted its major restructuring and job cuts would not turn around its finances until at least its next financial year. In an interim management statement released to the London Stock Exchange, it said it was making “good progress” with its transformation programme, which...

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Bath innovators Zynstra on launch pad for further growth after securing £4.9m investment

July 15, 2014
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Bath innovators Zynstra on launch pad for further growth after securing £4.9m investment

Zynstra, the Bath-based cloud pioneer, has received funding worth $8.4m (£4.9m) to continue its growth, invest in further innovative products and enter the North American market. The funding takes investment at the firm, based at Bath’s SETsquared innovation hub – which is supported by the University of Bath – to just over $12.5m (£7.3m)...

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Beard Construction named West of England Business of the Year

July 11, 2014
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Beard Construction named West of England Business of the Year

Construction group Beard has been named as the West of England’s top company in the prestigious Business of the Year awards. The Swindon-based firm, which has recently completed a number of major projects in Bath, beat five other finalists to claim the prestigious title in the annual awards sponsored by international accountants PwC. Beard...

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Swedish industrial group snaps up specialist glue firm ALH Systems

July 11, 2014
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Swedish industrial group snaps up specialist glue firm ALH Systems

Specialist adhesives firm ALH Systems has been sold to expanding Swedish industrial giant Indutrade. ALH, based at Westbury, has annual sales of £6m and employs 37 staff. It supplies formulated polyurethane and epoxy encapsulants, adhesives, sealants and potting compounds to the gas, construction and electronics sectors. ALH will become part of Indutrade’s Special Products...

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