Logistics group Wincanton has warned that a “more challenging environment” and the loss of a government contract will hit its financial performance. The Chippenham-headquartered group, which has 20,300 employees and 8,500 vehicles in more than 170 sites across the country, has performed strongly over recent years, benefitting from the huge increase in home shopping...
Concentrating on its core products has resulted in Bath-headquartered alternative lender Time Finance growing at a faster rate than expected, with pre-tax profits soaring by 172%. The firm, which specialises in asset, loan and invoice finance products, clocked up profits of £3m in the nine-months ended 28 February on revenues up 28% to £20m. In...
Regional accountancy firm Milsted Langdon has promoted two of its specialists to partner in recognition of their service and exceptional support of clients. As partners, Jon Edge and Richard Warwick will play an important role in shaping the future of the firm, which has one of its five offices in Bath. Jon, pictured right, who...
A competition to find a women-owned micro business from the West of England with exceptional growth potential has been launched by a creative business as part of its incubator hub programme. The winner will receive rent-free office space for up to four people for six months at Istoria Group’s Bristol base, along with a free...
Monahans, the South West’s largest independent accountancy firm, has appointed its second new director in three months as it continues with what its managing partner has called the most exciting period in its history. Alice Elsmore, pictured, has joined Monahans, which has eight offices across the region including in Bath, from national accountancy firm RSM...
Accountancy group Deloitte has appointed Louise Durkan as a partner in its national special situations mergers & acquisitions (M&A) team in a move that brings her back to the firm. Louise, pictured, spent more than ten-and-a-half years at Deloitte in Bristol as an assistant director and director. She has re-joined the firm after three...
Bath technology firm founders and investors are being invited to join a trade mission later this year to explore opportunities in Hong Kong’s burgeoning tech sector. Taking place between 13 and 17 November, the visit is open to firms with export-ready technologies in areas such as cleantech, healthtech, fintech, AI, robotics, regtech and smartcity tech. ...
Bristol & Bath Regional Capital, the West of England’s first home-grown, place-based impact investor, has appointed a new chair and two new board members to support its ambitious growth. Investment industry leader Mark Mansley has joined as deputy chair and solicitor Richard Leeming as a non-executive director. Existing board member Ruth Foreman, who has...
Bath-headquartered law firm RWK Goodman has advised the shareholders of one of the UK’s leading accounting companies focused on the tech start-up ecosystem on its sale to a fast-growing accountancy group hailed as the ‘rebels of the sector’. Ihorizon is a leading London-based accounting firm specialising in innovative accounting and finance services designed to help...
The South West ’s strength in burgeoning sectors such as cleantech, fintech and AI (artificial intelligence) helped push up venture capital investment in the region last year by 9%, outperforming the national picture. Firms in these sectors, along with manufacturers, attracted some of the largest investments out of the annual total of £455m across 124 deals,...
