Tuesday, January 19, 2021

Jobs saved at 140 year old Sheffield manufacturer

After 140 years trading a Sheffield based manufacturer has collapsed into administration putting over 40 jobs at risk. Fortunately administrators managed to facilitate a pre-pack...

Companies receive 3-month extension period to file accounts

The Government has announced that businesses will be given an additional 3 months to file accounts with Companies House to help them avoid penalties...

Yorkshire region’s mid- market serves up £500m profit growth

Yorkshire’s mid-market companies served up a £500m increase in profits last year, according to the BDO Yorkshire Report 2018. The annual bellwether for corporate Yorkshire...

Investment opportunity snapped-up

Banks Long & Co has sold a multi-let industrial estate investment in Lincoln on behalf of the City of Lincoln Council. The opportunity at Allenby...

Bidco to acquire cloud firm after Boards agree on £79.4m deal

Lincoln-based Divitias Bidco, the sole parent of GCI, is to acquire Nasstar in a £79.4 million deal. Bidco was incorporated on 27 April 2018 for...

York’s Agility Multichannel snapped up by US software firm

Agility Multichannel, the York-based Product Information Management vendor, has been acquired by US firm Magnitude Software. With the York firm under its wing, Magnitude said...

£9m turnover Hull manufacturer enters administration

Financial difficulties have seen Plasticon UK, the Hull-based manufacturer of storage tanks and industrial piping, placed in administration. Established in 1973, £9 million turnover Plasticon...

Fulcrum diversify into new market, securing £600k in contracts

Fulcrum, an independent Sheffield-based multi-utility infrastructure and services provider, has entered the Short Term Operating Reserve (STOR) market, and secured its first contracts worth...

Hull City Council fined £185k after obvious risk to employees ignored

The national regulator for workplace health and safety has said Hull City Council failed to address the "obvious risk" of employees working on ice...

UK SMEs wrote off £5.8bn in debt last financial year

New analysis from Direct Line for Business estimates that Britain’s Small to Medium Sized Enterprises (SMEs) wrote off a combined £5.8 billion in the...

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New funding to support Yorkshire businesses to develop anaerobic digestion technologies

Eligible businesses across Yorkshire are being urged to apply for a share of £600k to support their anaerobic digestion (AD) processes. AD turns waste materials...

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