Health and safety specialist receives substantial investment
OJ Health and Safety Solutions has received substantial investment from Newable Compliance in a transaction overseen by Charles Needham, KBS Corporate deal executive.
Ossett, West Yorkshire-based OJ is a health and safety specialist, providing training, consultancy and assessment services to national clients.
Since its formation in 2007, the business has developed its retained service package, encompassing one-to-three-year agreements to deliver 24-hour support.
Additional services provided by OJ include asbestos surveys, fire safety, health assessments and comprehensive accident investigations.
Charles Needham advised: “Much of OJ’s value came from its potential. The shareholders had been growing the business exponentially over the last few years with limited marketing efforts.
“The majority of OJ’s turnover was on a contracted basis, and when comparing this to the profit margins achieved by the business it was a very appealing opportunity.”
Founders Kelly and Neil Denning were looking for the right buyer that would provide the necessary resources for future growth while enabling them to retain an interest in the business.
Newable Compliance has acquired a majority stake in OJ to expand its investment portfolio. The organisation provides long-term strategic investment to businesses focused on supporting SMEs in meeting their compliance obligations.
To fulfil its ongoing goals, Newable Compliance intends to invest in three to four businesses on an annual basis.
Neil Denning commented on the deal: “Since OJ’s establishment in 2007, our mission has been to offer a streamlined solution for both SMEs and large organisations in need of a reliable and straightforward safety partner.
“Now, with the backing of Newable Compliance’s investment, we are poised to extend our service to a wider audience of SMEs seeking to fulfil their health and safety obligations. This strategic partnership enables us to provide an even greater number of businesses with the necessary tools and guidance to navigate the complex landscape of health and safety.”
Bruce Gordon, co-chair of Newable Compliance, said: “We are thrilled to embark on a collaborative partnership with the team at OJ. Together, we aim to accelerate the growth of the business. By joining forces, we can leverage our collective expertise to scale the business, broaden its reach and enhance the delivery of innovative health and safety solutions.”
Charles Needham added: “It was enjoyable working alongside Newable Compliance during this transaction. I was extremely pleased with how they conducted themselves as a purchaser and would love to work with them again.
“I am delighted with the outcome of the sale and to have been involved in the process. By working with Kelly and Neil through negotiations, we secured a deal that fairly reflected the value of their business.”
During the sale, OJ was supported by Guvvy Sandhu and James McKimm of Mackrell Solicitors.
Creative agency takes space at Leeds’ Elbow Rooms
Creative agency, Us Studio has let an office suite at the recently refurbished Elbow Rooms on the corner of Briggate and Call Lane, Leeds.
The owners of the prominent mixed-use property have just completed an extensive refurbishment of the building in order to provide a contemporary and characterful office environment.
Us Studio signed a new lease on the second floor 1,150 sq ft Suite 2.
Carter Towler are joint agents with WSB.
Carter Towler’s James Jackson said: “The Elbow Rooms office suites are amongst some of the most appealing smaller offices on the market here in Leeds.
“The combination of the excellent location right in the heart of the vibrant southern quarter of the city centre, the excellent facilities, and the flexible, all-inclusive, fully fitted lease deals which we can offer here make for a very enticing proposition.
“We are delighted that Us Studio has chosen to move its business here, the creative agency is a perfect addition to the growing community of enterprising young businesses now in residence. There is just one suite remaining, but we don’t think it’ll be available for much longer!”
Nicholas James acting on behalf of his family property company added: “This building has a fantastically rich history and we wanted to honour that whilst adding lots of contemporary enhancements.
“So, in addition to making the most of many of the traditional features, we have embraced modern office trends by providing fully fitted ‘plug and play’ offices with additional benefits such as the creation of Zoom/meeting rooms and incorporation of bicycle storage and showers.”
Business confidence falls in Yorkshire
Business confidence in Yorkshire fell seven points during July to 38%, according to the latest Business Barometer from Lloyds Bank Commercial Banking.
Companies in Yorkshire reported lower confidence in their own business prospects month-on-month, down 12 points at 36%. When taken alongside their optimism in the economy, down three points to 39%, this gives a headline confidence reading of 38%.
Yorkshire businesses identified their top target areas for growth in the next six months as investing in their teams (40%), evolving their offer (39%) and introducing new technology (30%). The Business Barometer, which surveys 1,200 businesses monthly, provides early signals about UK economic trends both regionally and nationwide. A net balance of 21% of businesses in the region expect to decrease staff levels over the next year, down six points on last month.
Overall, UK business confidence dipped by six points to 31% in July, with nine out of 11 regions and nations reporting a lower confidence reading month-on-month.
Optimism in the economy has also fallen, dropping 11 points to 21%, the lowest levels since February this year.
However, firms remained resilient in their own trading prospects, with 43% of companies expecting business activity to increase over the next 12 months, up one point on last month and reaching a 14-month high.
Despite the fall in overall confidence, levels remain higher than the survey’s long-term average reading of 28% and every UK region and nation reported a positive confidence reading in July. The North East reported the highest levels of business confidence at 43% (down four points on last month), followed by Yorkshire and the West Midlands (up two points month-on-month) both at 38%.
Retail was the only broad sector registering higher confidence (up six points to 35%), mostly reflecting stronger transport services.
The fall in overall business confidence this month was led by the service sector sentiment falling by seven points to 30%. While the fall in confidence was seen broadly across this sector, hospitality firms appeared to be more resilient.
Confidence also was lower in manufacturing (down 16 points to 34%) and construction (down eight points to 31%).
Steve Harris, regional director for Yorkshire at Lloyds Bank Commercial Banking, said: “Although high inflation persists, signs of it starting to ease is welcome news to businesses who’ve been navigating its challenges for many months.
“From speaking to many businesses on the ground, I know that they’re now starting to plan around future growth opportunities. Many see expanding their workforce and investing in their teams as a way of achieving their ambitions, which will bring an appreciated boost to the local economy.
“As firms invest in their workforce, it’s important they keep a close eye on their working capital and free up funding to support them as they train and develop the skills they need to grow.”
Hann-Ju Ho, senior economist, Lloyds Bank Commercial Banking, said: “The Barometer presents a complex picture for firms this month, with the data showing that trading prospects remain strong with businesses feeling under less pressure by inflation to raise prices.
“However, there is clearly uncertainty about the wider economy and rising interest rates. This may be causing net hiring intentions to moderate slightly. Nevertheless, wages and jobs growth continue to support staff with the current cost of living.
“However, the sectoral analysis this month shows some positive signs for the retail sector, while there are indications that pent-up demand may be boosting confidence in tourism and travel. As businesses continue to adapt to the economic environment, we expect to see ongoing resilience broadly across all sectors.”
Nuclear experts welcome report calling for clear Government strategy
The Rotherham-based Nuclear AMRC has welcomed a report urging the government to take a strategic approach to the development of the UK’s nuclear power capability.
The Science, Innovation and Technology Committee report on delivering nuclear power warns that the UK’s target of 24GW of nuclear generating capacity by 2050 is at risk without a comprehensive detailed and specific strategy.
The 24GW target is almost double the highest installed nuclear capacity the UK has ever achieved – potentially including new gigawatt-scale nuclear power, small modular reactors (SMRs) and advanced modular reactors (AMRs), and further development of nuclear fusion.
The committee warns that reaching the target will require substantial progress on technologies, financing, skills, regulation, decommissioning and waste management, and recommends that a comprehensive nuclear strategic plan is drawn up, consulted upon and agreed before the end of the current Parliament.
Chris Pook, government policy director at the Nuclear AMRC said: “The select committee report is very welcome, and we strongly support their call for a comprehensive nuclear strategic plan. However, this must include a plan for building UK supply chain capability and creating long-term economic benefit.
“We need to see more targeted action to open up opportunities for UK companies to bid for and win work in delivering new nuclear build, with support for innovation in the supply chain to increase competitiveness and drive down costs. We have the opportunity to build a competitive world class industry to not only deliver domestic energy security needs but also win future business overseas. We urgently need clarity on what measures will be put in place to deliver supply chain capability and skills across the nuclear sector.”
The report includes recommendations in several key areas:
- A clearer role for Great British Nuclear – beyond the current SMR competition.
- Establishing the right mix of technologies – clarity over what proportion should be met by gigawatt-scale plants, and how much by SMRs and AMRs.
- Financing of new nuclear – including the cost of the risk transfer from the Regulatory Asset Base model.
- Small modular reactors – whether technologies should be from a single supplier or multiple suppliers; where SMRs should be; and what financial model would be used.
- Skills – the current nuclear workforce of over 65,000 people will need to more than double, requiring between 75,000 and 150,000 new recruits. This needs coordinated actions by the whole sector.
- Decommissioning – a clear understanding of the waste consequences of new nuclear technologies, how it will be dealt with, and at what cost.
- Nuclear fusion – the UK needs to demonstrate a long-term approach, giving confidence and stability to investors and international partners.
Yorkshire Energy Park puts £20,000 into communities in Holderness
Yorkshire Energy Park has awarded £20,000 of grants in the first round of its Community Fund to support local community groups and charity operations in South West Holderness.
Fifteen organisations from the local area have benefitted from funding for projects, ranging from schools and sports groups to Brownies and the Royal British Legion.
The grants will go towards helping several valuable local projects, including supporting St Augustine’s Pantry food bank in Hedon, providing activities for children at Paull Primary School, and helping Preston United AFC and Thorngumbald Barrons to continue their work in providing sports activities for local people.
Sue Pulko of St Augustine’s Pantry in Hedon said: “St Augustine’s Pantry was set up in 2020 by the church to reduce the financial pressure on those who are struggling for money, and help improve their sense of self-worth. We help around 25-30 families each week, providing donated food and household goods. Since the start of the year and the rising cost of living, we’ve seen more and more people coming to us for help. The funding we’ve received from the Yorkshire Energy Park Community Fund will enable us to continue helping local families in their time of need.”
Project Director of Yorkshire Energy Park, Andrew Reynolds, said: “We were bowled over by the number of high quality applications and the decisions around which groups to support were tough.
“As we look forward to the development of Yorkshire Energy Park, we’ll continue with our commitments to support the region by creating jobs, supporting education and skills development and giving back to the local community.”
The Yorkshire Energy Park Community Fund will consider applications from projects that:
• Promote green living and create better environments, such as community planting projects or nature trails.
• Inspire people to learn and undertake training, such as free training courses or advice sessions for residents.
• Improve the local community, such as community events, support for local sports teams or groups, or encouraging volunteering.
Administered by longstanding local charity Hull CVS, the fund made grants of £500 to £5000 available to groups operating within the South West Holderness Ward of East Riding of Yorkshire Council. An independent panel of local people, including councillors and volunteers at local community groups, decided which local groups would benefit from the scheme.
Sewell Investments is an investor in Yorkshire Energy Park. The site, which is currently under development, will be a UK energy and technology business park, located near Preston. It will deliver renewable energy, battery storage and state-of-the-art digital infrastructure, plus space for research and development.
Kersty Smith of Hull CVS, who has been administering the fund, said: “We’re delighted to be involved with the management of the Community Fund on behalf of the Yorkshire Energy Park. The fund ensures that voluntary groups in the South West Holderness area are able to deliver vital work in the community and help to make the area a better place to live, work and visit.
“The full grant allocation has now been dispersed following a hugely successful launch, and we’ll be opening up for more applications from April 2024. We’d love to see as many groups as possible apply so they can continue to delivery great projects and activities across the ward.
“We’d recommend that groups wanting to sign up for this and other funding in the South West Holderness area register on the East Riding 4 Community website for updates on when more grants will be available.”
Demand for skilled self-employed labour stay high in face of housebuilding slowdown
Demand for highly skilled self-employed labour stayed high last month despite the widely-reported slowdown in housebuilding activity, according to payroll company Hudson Contract.
Analysis of the construction industry’s biggest payroll shows that average earnings rose by 3.8 per cent to £982 per week during June. This was 6.6 per cent higher than the same period last year.
Industry surveys suggest that higher borrowing costs have caused the steepest drop in residential work since 2009, outside of the pandemic years.
Hudson Contract MD Ian Anfield said: “Some of our housebuilding clients are diversifying into commercial builds, social housing and build-to-rent schemes, but that is not sustainable in the longer term. Britain needs a buoyant private housing market alongside an acceleration in social housing schemes. Given there is huge demand for housing, we should have government policy that makes building houses attractive and profitable for developers and affordable for consumers.”
Housing Secretary Michael Gove has announced a package of reforms to encourage building on underused sites in high-demand regions, including new permitted development rights to create more homes in “the hearts of our cities” by converting existing buildings.
Mr Anfield said: “We welcome some of the sentiment, but the huge property portfolio businesses are already engaged in repurposing the empty department stores which blight many town centres.
“The economics of repurposing brownfield sites are becoming more feasible with the inflated costs of new build and planning constraints blocking greenfield sites. We see this reflected in demand for demolition and wrecking contractors who enjoyed the strongest earnings growth last month – an increase of 11.1 per cent to £995 per week. We also expect remediation, groundworks and heavy civils firms to benefit.
“As more shopping and working moves online, city centres have been left with big empty units, so it is great to see former M&S, Debenhams and John Lewis stores being converted in places like Manchester, Stockport and Sheffield.
“The use of compulsory purchase powers to obtain more of these empty buildings for housing is a standout from the latest policy announcement, but the landowners have good lawyers so it may come to naught.
“The worry is that Gove’s plans are just lip service to the construction sector, with his real audience being his backbench MPs who wish to block greenfield new build sites in their bid to be reelected.”
Lincolnshire-based food group’s merger with American firm will create new parent company
Lincolnshire-based JDM Food Group is merging with US based Henry Broch Foods to create a new parent company called Jardins and Broch. Jardins and Broch.
Headquartered in Bicker, JDM is one of the UK’s leading suppliers of value-added vegetables, sauces, dips and purees to the retail, manufacturing, recipe box and foodservice markets, with a workforce of more than 350.
HBF is from Illinois, and is a prominent spice, dry-blending and co-packing company, specialising in tailored formulations and seasonings.
Aisling Kemp, CEO of JDM, said: “Whilst on a day-to-day basis it is business as usual, the merger will create a flavour powerhouse with global ambitions. It is very exciting news for everyone associated with JDM as it will create many new opportunities for team members across the organisation to advance their careers within a growth-oriented business.
“Working with the team at HBF who share our strong ethics, values and focus on sustainability is incredibly exciting. Trends in this market are ever changing and we are now better able to develop solutions for all channels with our culinary teams that deliver on flavour, health, and functionality to ensure we evolve alongside consumer demand.
“The partnership with HBF will enable us to build on our recent success and create long term sustainable growth as a true ingredients innovator.”
Jardins and Broch is backed by London-based Sunridge Partners, a private investment group committed to creating leaders in food, beverage, and agribusiness. Sunridge invested in JDM Foods in 2021.
Philipp Saumweber, Managing Partner of Sunridge, said: “Since partnering with JDM in 2021, we have invested considerably in building a world-class ingredients team, expanding our operations, and improving capabilities. We are very much looking forward to working with like-minded friends at HBF and jointly executing on group investment and growth plans to build a leading international ingredients and flavour formulation company.”
Jardins and Broch brings together two market leading ingredients companies creating a team of international flavour experts across both wet and dry products. The newly-formed partnership is an industry leading player with significant production capacity, complementary R&D capabilities and outstanding worldwide supply chain networks.
The two companies will continue to operate independently in their home markets, backed by the expert knowledge and skills from the other party to grow a global presence.
Training provider backs digital marketing event with sponsorship
Rotherham-based training and apprenticeships provider Whyy? Change, is backing Sheffield DM’s biggest-ever marketing event as their latest sponsor.
Sheffield DM, the biggest event for digital marketers in the North, will host a line-up of the best names in digital marketing who will be sharing their wisdom on all things SEO, Content Marketing, Digital PR, Marketing Strategy and Paid Media.
Whyy? Change joins the likes of Evoluted, Sitebulb, Diginius, clockworkTalent, unLTD, LensGo, and Peek & Poke who are all backing Sheffield DM, which takes place at Sheffield’s Octagon Centre this summer.
The announcement comes as Whyy? Change solidifies its partnership with Sheffield DM following an appearance from Laura Stead, Freelance Marketer and Whyy? Change’s Head of CIM Marketing, who delivered an talk entitled ‘How to Make Marketing Rewarding Beyond Financial Gain’ at Sheffield DM last year.
Dan Rawley, Marketing Manager at Evoluted and Sheffield DM Co-Organiser, said: “We’re delighted to have Whyy? Change sponsoring August’s event. Sheffield DM has always been about creating a forum for learning, personal growth and career development, so we feel this partnership is a perfect fit. Whyy? Change staff and apprentices have been regular attendees and supporters of our evening meetup events for a long time now, so it’s great to formalise our relationship in this way. Their sponsorship helps us scale our events further and help upskill more marketers across South Yorkshire and beyond.”
Ray Byrne, CEO of Whyy? Change, said: “We’ve been loyal supporters of Sheffield DM, as it never fails to deliver insight and inspiration from digital marketing industry experts. We’re confident that Sheffield will be the next hub for digital industries, we see that every day through our growing cohorts of digital marketing apprentices, and we’re excited to be playing a part in it.”
Lincolnshire firms share in £8m of ERDF grants
Lincolnshire businesses have been awarded grants worth almost £8m from the European Regional Development Fund, which ended in June this year, through Business Lincolnshire schemes.
Thanks to ERDF’s backing, more than 44,500 businesses in the area have benefitted from the support offered, resulting in the creation of more than 2,200 new jobs. This achievement is said to be a testament to the dedication and commitment of Business Lincolnshire in fostering a thriving business ecosystem throughout Greater Lincolnshire.
Business Lincolnshire has been a beacon of support for budding entrepreneurs, facilitating the creation of 873 new businesses. Additionally, it has served as a valuable resource for countless businesses seeking expert advice and guidance. There has been an overwhelming vote of confidence from business leaders, with an impressive 93% satisfaction rating, highlighting significant effectiveness in nurturing and empowering businesses.
As ERDF funded support transitions to the UK Shared Prosperity Fund (UKSPF), Business Lincolnshire remains committed to its mission of aiding businesses in the region. The new funding presents fresh opportunities, and the Business Lincolnshire team are keen to ensure businesses continue to get access to the best support that is available to them.
Cllr Colin Davie, Lincolnshire County Council Executive Councillor for Economy & Place, said: “We are immensely proud of the achievements made possible by the support of the European Regional Development Fund. Through the collaboration of local providers, entrepreneurs, businesses, and the guidance of Business Lincolnshire, we have witnessed remarkable growth and progress in the region’s business landscape.”
Healing pair get suspended sentences after discovery of significant haul of illicit cigarettes
A man and woman have been given suspended sentences after North East Lincolnshire Council’s Trading Standards team seized the largest-ever haul of illegal cigarettes in the borough.
Trading Standards officers, supported by Humberside Police, searched a home in Exmoor Close, Healing, after reports from the public that illegal tobacco was being stored there.
Officers found 386,760 illegal cigarettes and 290 pouches of illegal tobacco, worth more than £227,000.
Sentencing of the pair took place at Kingston Upon Hull Crown Court on Thursday 27 July 2023 by His Honour Judge Thackray KC.
Angela Ammari, 51, of Exmoor Close, Healing, had pleaded guilty to 11 offences under the Trade Marks Act 1994 relating to 292,000 cigarettes and 50 x 50g pouches of tobacco which were found to be counterfeit copies of genuine brands. She was given a four month jail term suspended for 12 months and must also attend 20 days of Rehabilitation Activity.
Nabaz Rasul Mohammed, 29, a shopkeeper of Freeman Street, Grimsby, entered guilty pleas to 12 offences under the Trade Marks Act 1994, and a further four offences relating to the packaging of all the products seized. He was sentences18 months in custody, suspended for two years and to attend 20 days of Rehabilitation Activity.
Upon entry by Trading Standards and Humberside Police during the raid, Ammari immediately told officers where the tobacco products were concealed within the property, taking them to a first-floor bedroom. Within the bedroom, 12 kilos of Turner hand-rolling tobacco and 36,000 cigarettes were recovered.
She then indicated that there were further tobacco products within the loft space of the property. A search of the loft revealed a total of forty-seven boxes and large bags, all containing illegal cigarettes. In total, a further 340,760 cigarettes and 2.5 kilos of tobacco were removed from the loft.
Of the total seized, 292,000 cigarettes, and 50 pouches of tobacco were found to be counterfeit, including brands such as Regal, Richmond, Lambert & Butler, Benson & Hedges, Sovereign, Winston, Marlboro, and Amber Leaf and Golden Virginia tobacco. Had they been genuine, the legitimate value of these goods would have been in excess of £162,372.
