Finance For Enterprise appoints fund manager
Yorkshire politicians join efforts to save 130 jobs at dairy factory
40-flat development approved for former Scunthorpe car park
Outline planning permission has been granted for a 40-flat residential development on a former private car park in Dunstall Street, Scunthorpe. RGB & KC Woollin proposed the project, which will consist of a four-storey building with ten flats per floor and 20 on-site parking spaces.
The development includes 32 one-bedroom and eight two-bedroom flats, eight of which are designated as affordable housing—six of which will be rented. Approval is subject to a Section 106 agreement, which requires financial contributions towards local services. The developers will provide £29,666 for recreational improvements, including upgrades to football pitches, swimming facilities, and indoor bowling.
An additional £27,600 will go towards healthcare, with funding allocated to The Birches Medical Practice, The Oak Tree Medical Practice, and Oswald Road Medical Surgery. The agreement also includes a £13,000 payment to the council for managing on-site open spaces.
Cleckheaton-based accounting firm acquires London business
Cleckheaton-based accounting and business advisory firm Shenward has acquired London-based accountants John Cumming Ross Limited (JCR) and its subsidiary Jaycee Comservices Limited.
The deal will see JCR rebrand to Shenward immediately, with all employees and directors remaining in their current roles. The acquisition is a strategic move for Shenward, aligning with its existing London-based client portfolio and network of partners, introducers, and referrers in and around the city. The firm has been scaling its operations since 2018, when its acquired Leeds-based practice Cox, Costello and Horne. This was followed by the launch of a specialist sports, media, and entertainment division in 2020 and the purchase of a new 8,000 sq ft headquarters in Cleckheaton in 2021. Shenward has grown on average by around 15% each year for the last five years. The acquisition of JCR will see Shenward effectively double in size both from a team and client perspective. Sherad Dewedi, managing partner at Shenward, said: “We set our hearts on London being the next city for us to establish a base given the growth we’ve witnessed in our client base and professional network there. “So, when we were introduced to JCR as a potential acquirer, it immediately felt like the right move for us. The founding members have built a fantastic business, and we are proud to bring the firm and its team under the Shenward group. “London is a global hub for financial services and a key driver of the UK economy, and so the demand for professional accounting advice and business support has never been greater. I can’t wait to see what opportunities this move presents for our team and our clients.” Dilip Unarket, director at John Cumming Ross Ltd, said: “Having met Sherad and the wider management team and learnt about their business, I am confident that acquisition will take JCR to new heights. “Right now, businesses are navigating complex financial and regulatory landscapes. With the extra backing of the Shenward team, our firm will be well-positioned to support the increasing needs of businesses.”North Yorkshire-based Northern Energy Oil acquired in £8.3m deal
Cheshire-headquartered NWF Group, a specialist distributor of fuels, food and feeds across the UK, has acquired North Yorkshire-based Northern Energy Oil to grow its fuels distribution business.
Northern is a 42 million litre fuel distributor operating five sites in North Yorkshire, Northumbria and Lincolnshire, with a largely domestic customer base. The acquisition increases the group’s presence in the North-East of England, where NWF is currently underrepresented. Northern will increase NWF’s total fuel volumes by about six per cent on a pro forma basis.
The total consideration for Northern is £8.3 million.
In the 12 months to 31 August 2024, Northern generated revenue of £35.1 million, EBITDA of £0.6 million, profit before tax of £0.1 million and had period end net assets of £2.7 million.
Chris Belsham, CEO of NWF Group, said: “We are delighted to announce the acquisition of Northern, which represents an excellent example of NWF’s strategy at play to consolidate the highly fragmented fuels distribution market.
“This acquisition, our first since Geoff Boorman in 2023, demonstrates our intent to pursue attractive, earnings accretive transactions, consistent with our strong and established track record. Our pipeline of potential fuels acquisitions remains active, supported by our robust financial position. I would like to welcome our new Northern colleagues to the Group.”
Administrators appointed at North Yorkshire hotel
Saltburn care home under new ownership after hygiene concerns
A Saltburn care home previously criticised for food hygiene issues is now under new ownership. Four Seasons Care Home, located off Marske Road, has been re-registered with the Care Quality Commission (CQC) as Oaklands Manor Nursing Home.
Oaklands Manor Care Home Limited, the new owner, plans to upgrade the facility, which specialises in dementia care. The existing manager will stay on to provide continuity for staff. Redcar and Cleveland Council’s commissioning services are supporting the transition.
Under its previous operator, Key Healthcare Limited, the home was flagged for major food safety improvements in 2023. Inspectors found improper food storage, dirty equipment, and damaged kitchenware that could not be properly cleaned. Key Healthcare stated at the time that it had addressed all concerns.
The CQC last inspected the home in November 2022, rating it as ‘requires improvement’ overall but ‘good’ for caring. The regulator notes that past ratings apply only to the previous operator and that follow-up inspections will be conducted under the new ownership.
McDonald’s submits plans for Leeds drive-through
McDonald’s has submitted a planning application to Leeds City Council for a new drive-through restaurant on vacant land off Town Street in Stanningley, formerly part of a metal recycling plant.
The fast-food chain held a public consultation in December, engaging with local residents through a newsletter, a dedicated website, and a public meeting. In response to concerns about road safety, the proposed operating hours were reduced from 24 hours to 6:00 to 00:00 daily.
If approved, the project would create 130 construction jobs and employ 70 staff once operational. Plans include 34 parking spaces, cycle bays, and electric vehicle charging points. The site is located near a proposed 40-home residential development, and McDonald’s has coordinated with the housing developer on planning considerations.