Natwest

Superior Spas expands

Bondholder Superior Spas has successfully secured £1.6m to complete its planned expansion, which will see its relocation to 20,000 sq ft premises in Chesterfield.

The announced expansion comes as a result of continuing growth and success, which has seen the family-run company quickly become the UK’s leading name in high-end spas. In addition to expanding its European reach and capacity, Superior Spas is excited to announce the move will also create 30 new jobs.

Superior Spas secured £750k from Bondholder NatWest with the support of Relationship Director, William Islip and also a £150k loan from fellow Bondholder University of Derby’s Invest to Grow programme.

The Managing Director of Superior Spas, Robert Carlin commented: “The move to our new premises will bring with it a range of benefits to both the company and the local community. The facility will dramatically improve our efficiency by reducing despatch times, whilst also providing a high-end showroom and offices."

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City on the Up

Derby has been featured in Natwest’s national “Exciting Cities” series, with input from several
Bondholders.

The series looks at cities across the UK that are in high growth with a thriving business community. With a focus on a strong business culture for start-ups, the research has praised the work of Bondholder University of Derby for their incubation spaces, with a particular focus on Banks Mill.

The health of the economy is mentioned with the recent research conducted by Irwin Mitchell a key point, noting that Derby is the fastest-growing city economy in the region, with GVA increasing by 15.1%, and job creation by 1.1%.

David Torrington, Managing Director of Bondholder Sky Recruitment Solutions, is quoted as saying: “The transport links are good and that matters. I like that Derby has a certain intimacy because of its size. The relationships you can form in the city are strong and lasting and not just purely commercial.”

Maria Hanson MBE, founder of Mee & Dee said the business community mentioned low rents and supportive businesses such as Bondholders Franklands Insurance and Sellick Partnership.

She said, “We’re also a member of Marketing Derby, which is a thriving hub, and are plugged into [Bondholder] Connect Derby too, which provides connectivity and facilities for small business and not-for- profits like us.”

To read the full article, go to http://natwest.contentlive.co.uk/content/28f422b6-a892- be8a-b0ae-a2575de44625.

HSKS Increase Presence in Midlands

Bondholder HSKS Greenhalgh has increased its presence in the region following its acquisition of Wollaton accountancy firm Cobb Burgin & Co.

The acquisition coincides with the retirement of Cobb Burgin founder Chris Cobb, who started the business in 1981.  Neil Burgin, who joined the practice in 1985 and became a partner in 1987, will remain as Associate Director and he will be joined at the firm’s Middleton Boulevard offices by Peter Rimmington, who has been with HSKS Greenhalgh since 2000.

Colin Peacock, HSKS Greenhalgh Managing Director, said: "When looking to expand our business through acquisition, we are always keen to identify opportunities with firms who share our philosophy of establishing long-term relationships with clients and this is definitely the case with Cobb Burgin, which is one of the reasons why we are so excited to have completed the deal.  

“We look forward to getting to know Cobb Burgin’s clients, who can rest assured that they will continue to receive the same high level of client service.  The acquisition means that they will now have access to a range of additional services, such as Corporate Finance and Estate Planning and Probate Services, as well as the expertise of our specialist sector advisors where appropriate.”

Legal advice was provided by Rachel Bennett, Corporate and Finance Partner at fellow Bondholder Flint Bishop LLP.  

Rachel commented: "The Corporate department at Flint Bishop were delighted to work with Colin and his team on their latest acquisition. The deal was a classic fit for both businesses, giving HSKS Greenhalgh a great opportunity for expansion, whilst securing the succession of the business for Chris & Neil. I'm sure there will be many positives for the combined business and their respective clients moving forward."

The deal was financed by Bondholder NatWest, who were advised by David Kaplan of Bondholder Nelsons Solicitors.
 

 

Small Business Saturday returns to Derby

Small Business Saturday is a nationwide event which is participated by 5 million businesses on one day of the year to celebrate the best of what small businesses contribute to the economy.

The day runs from 9:30am until 1pm at Derby City Council's Council House on Saturday 5th December and includes:

  • an exhibition of local businesses
  • free workshops
  • inspirational talks from award-winning business owners
  • exclusive offers for local retailers

Derby City Council has teamed by with fellow Bondholder Essential Print Services' Yvonne Gorman and Farrah Allarakha, owner of Neo Elegance, for the event.

The exhibition will have a mix of support for pre-start and established businesses
— Martin Rawson, Deputy Leader at Derby City Council

Yvonne said: "Small Business Saturday plays a valuable role in focusing the minds of consumers and fellow business owners on what small businesses can offer in terms of range of products and service. Most people in this country either own a small business, work for a small business or know somebody who does so we are delighted to have been asked to champion Small Business Saturday in the Derby region and to do what we can to get people thinking small."

Martin Rawson, Deputy Leader of Derby City Council said: "The theme of the day is 'supporting your business journey' and we want to attract people who are starting up a business as well as people who are already trading. The exhibition will have a mix of support for pre-start and established businesses."

The day will include a tour of Bondholder Connect Derby's Riverside Chambers business centre as well as the Shot Tower managed office space. Attendees will also have access to support from a wide range of providers including Bondholder University of Derby, the Chamber of Commerce, Federation for Small Businesses and many more.

Places are limited so to book yours visit www.smallbusinessderby.co.uk and stay up-to-date by following @SmallBizSatUK on Twitter.