Business Times September edition

Business Times

Tech firm wins new UK Space Agency camera contract

Aspecialist in digital camera systems is to play a central role in a space mission to study weather systems on other planets.

XCAM, based in Northampton, has received a share of funding from the UK Space Agency to develop X-ray instrumentation to be used on the mission. The company’s brief is to work on a new camera system based around a X-ray detector the CIS221-X, designed jointly by The Open University and technology manufacturer Teledyne e2v.

XCAM will also evaluate the return on investment to the UKSA ahead of the next phase of development.

Its Nuscis camera system is already

in use on several space missions, including NASA’s Windcube space weather mission due to launch next year.

XCAM chief executive Karen Holland said: “We are delighted to have been awarded this valuable grant funding and to play a significant part in strengthening the UK space sector’s partnerships with strategic and emerging space nations. This funding supports an international collaboration for the initial development of the Auroral X-ray Imaging Spectrometer instrument intended to fly on DISHA, the Disturbed and quiet time Ionospheric-thermosphere System at High Altitudes mission.

“Supporting a number of different

high-performance imaging sensors enables Nuscis to be easily adapted to different instruments such as the AXIS instrument for this project.”

The new funded project is being led by The Open University, working with the Indian Space Research Organisation to support the development of X-ray instrumentation for the DISHA mission to study space weather. The money from UKSA comes via Phase 1 of its International Bilateral Fund.

The grant funds the initial development of the project, potentially leading to Phase 2 which could see a further £1.5 million in funding next year.

The current funded activity will strengthen the collaboration

between UK companies and ISRO and will prepare a proposal for the full development of the AXIS instrument with UK specialists playing a part in developing the sensor, detector electronics, detector physics and X-ray science.

XCAM will also be supporting another project, funded by the UK Space Agency’s International Bilateral Fund and also led by The Open University, developing a Mars imager concept.

Up to £2 million will initially be available from the IBF to help strengthen the UK space sector’s partnerships with other space nations. Further funding is expected to be made available over the next two years.

Construction company the Buckingham Group has suspended trading amid ‘deep losses’ on its major current contracts. The company, based near Silverstone, said that problems on four contracts - three stadium and arena projects and a substantial

earthworks scheme - had been caused by inflation due to the war in Ukraine and ‘other challenges’ facing the sport and leisure sector.

In a statement on its website, the company said it has filed a Notice of Intention to appoint administrators to protect the business while it seeks

potential buyers. The Buckingham Group board and its advisors has been in talks with potential investors but without success, the statement added.

As Business Times went to press, Buckingham Group had not entered administration.

Meet the Love Island winner turned entrepreneur. P2

CEO of Travis Perkins reflects on industry’s prospects. P3

Ian Taylor, business consultant and Business Buzz host. P17

Essential concepts every business owner needs. P8

The innovator inspiring young people. P7

Construction of the new link to the Strategic Rail Freight Interchange at SEGRO Logistics Park Northampton is entering a critical phase as engineers start work on linking the site to the West Coast main line, one of the busiest passenger and freight routes in Europe. Pictured is the soon to be connected freight link through the white tunnels (top) to main line (left). Full story and project update: Page 5.

Construction firm suspends trading over ‘deep losses’

People power pays off for property investor

Property investment company Barwood Capital has received silver ‘We invest in people’ accreditation from independent workplace engagement specialist Investors in People.

IIP works with organisations to improve workplaces and to measure engagement and share insights to improve cultures. The rating is based on feedback from

employees on aspects such as leadership, company values and behaviour, managing performance, reward and recognition and continuous improvement.

Hugh Elrington, Barwood Capital’s managing director, said: “Being awarded silver accreditation, which only 15 per cent of companies achieve, is testament to how we have put in place the right principles to help our people

New jobs as firm looks to keep pace with growth

Law firm Howes Percival is looking to create 50 new jobs in the next two years.

It is looking to fill new roles across its six offices, including in Northampton, at partner, solicitor and support staff level.

The expansion plans follow record growth for Howes Percival. Its corporate team completed more than 150 deals last year with a combined value of £170 million and has increased its headcount by almost a

grow and develop.

“We are incredibly proud that our well-established people practices have been recognised with this prestigious award, with employees in particular describing a culture of encouragement, inclusivity, and commitment.”

Barwood Capital held a strategy day in the summer.

“It was great to see everybody come together to collaborate,

Hugh Elrington

communicate and feel as though we are all part of one team,” said Mr Elrington.

Love Island winner seeks venture advice from coach

Reality TV star and Love Island winner

Jess Hayes is being mentored by an awardwinning Northamptonshire business coach as she sets up her own property business.

Jess, who appeared in the first series of the ITV2 show in 2015, is now in the process of setting up her business with her fiancé Zeb. Industry expert and construction coach Parm Bhangal has been working with the couple for the last six months, using his knowledge of the property and construction industry to help them establish their company and to

put essential systems and processes in place.

The company, Eminence Properties, is based in Oxfordshire and sees Jess, 30, and Zeb running a property sales business that is, she said, slightly different to a conventional estate agency.

A mutual acquaintance put Jess and Zeb in touch with Parm Bhangal and the trio quickly hit it off.

“Jess is a lovely person and we get along really well,” said Parm. “She is always open to new ideas and learning new skills.

“Jess really considers the information I give, takes it on board and implements the advice, which is rewarding for me as it means she will see much quicker results.

“She is always striving for better, which makes her a great client to work with.”

quarter. The litigation team has grown by 38 per cent and commercial property by 30pc. Employment and private client work has also increased.

“The firm has enjoyed significant success which has created more interest in our business and more demand for our services,” said Howes Percival chairman Geraint Davies. “It has definitely been a case of success breeding more success. “

Howes Percival will continue to invest in its people, he added.

Howes Percival chairman Geraint Davies is pictured with the firm’s head of people Natalie Clarke (centre) and head of employment law Paula Bailey

The firm recently launched its LEAPS leadership development programme to enhance its existing training programme. Now it is looking to bring in new young talent and to build its non-fee earning activity, said head of

people Natalie Clarke. “While we have remained extremely busy, and we hope there are signs that the market is looking brighter, we do see the next year as an opportunity to attract top talent,” Ms Clarke added.

Pictured: Parm Bhangal and reality TV star turned property entrepreneur Jess Hayes

Editor Andrew Gibbs news@pulsegroupmedia.co.uk

IT specialist wins place on government public sector contracts framework

Public sector IT specialist Kingsfield has been named on Crown Commercial Service’s Network Services 3 framework.

The Northampton-based company is to work on five lots on the NS3 Framework, which looks to use cloud communications to enable public sector technology to boost staff productivity and efficiency across government bodies including the NHS. The technology solutions offered through the framework focus on providing improved virtual conferencing and remote working capabilities for the NHS, as well as an enhanced patient experience as a result.

Kingsfield will be largely tasked with providing connectivity solutions to public sector bodies and their dedicated team of staff, including the introduction of cloud telephony and an improved and unified communications service.

Head of public sector Kieran Shah said: “The entire Kingsfield team is incredibly proud to be on not one but five lots of the latest iteration of the Network Services 3 framework.

“We believe this framework is a gamechanger for organisations struggling to keep up with the increased demand for more remote and hybrid work options. Our specialist team will partner with

other premium technology providers to bridge the gap between public sector institutions and the technology they need to support their internal and external communities.”

Kingsfield has grown to become a national leader in public sector technology. The company has also received worldwide recognition from tech giant Microsoft, being named

the Worldwide Surface Rising Star Partner of the Year.

Kingsfield is officially the fastest growing Microsoft partner in the UK, achieving Microsoft Silver accreditation in record time, as well as more than £1 million revenue in Microsoft sales in just five months.

The company’s Microsoft surface business manager Matt Green said: “To receive an award from Microsoft on the international stage is quite the achievement and one we are incredibly proud of. To receive this is testament to the hard work of our growing team and moves us closer to achieving Gold status with Microsoft.”

Profits fall but CEO focuses on the long game

Challenging market conditions mean a focus on balancing short-term profitability with remaining on track to achieve long-term strategic objectives, said the chief executive of building supplies plc Travis Perkins.

Nick Roberts was speaking after the firm, whose headquarters are in Northampton, announced its half-year results for the first six months of 2023, with a 31 per cent drop in operating profit off the back fo a 2.5pc decline in revenue.

Trading is expected to remain difficult for the rest of the year, Mr Roberts said. But Travis Perkins is making moves to maintain its market position as it eyes new longerterm opportunities.

“Market conditions have been challenging, which is

reflected in both our first half performance and our outlook for the balance of the year,” Mr Roberts said. “The group remains focused on striking the appropriate balance between seeking to protect shorter-term profitability, delivering our strategic objectives and being well placed to benefit when market conditions improve.”

Revenue for the period January-June 2023 fell by £63 million on the same period in 2022 to £2,472 million, leading to a reduction in adjusted operating profit to £107 million from £157 million. Earnings per share fell by 42.5pc to 28.6p. Travis Perkins’ full-year profit forecast remains at around £240 million.

Customer demand across the company’s commercial,

industrial, infrastructure and public sector markets remains strong but performance has been hit by significant weakness in new build housing and private domestic markets.

The Toolstation division reported market share gains, with revenue up by 9pc. Operating profit was broadly in line with prior year reflecting investment in network and infrastructure to support

future growth. Toolstation UK’s new distribution centre at Pineham, next to M1 junction 15A, is expected to drive long-term operational efficiencies and is due to open in the autumn, with an investor event scheduled for September 28.

Travis Perkins is focusing on simplifying the purchase process for customers both online and in its branches. Mr Roberts said: “Given

Kit sponsor deal scores for good causes

Fans of Northampton

Town FC are invited to nominate a charity or cause close to their hearts under a sponsor scheme that will see at least three £500 donations to county charities and good causes during the 2023-24 season.

The initiative is part of Commsave Credit Union’s partnership with the League One club as its new first team training kit partner.

“Commsave Supports is a grants scheme exclusively for Cobblers supporters and we are encouraging fans to nominate a local cause

they really care about,” said CommSave’s business development manager James Richard.

Cobblers fans can visit www.commsave.co.uk/ ntfc to find out more about the new grants scheme, complete the online form and nominate a cause they feel deserves to receive the £500 donation. The first award was made last month.

“We are very grateful to Commsave for this new scheme,” said Northampton Town’s commercial director Caroline Lucy. “As a club, we are at the very heart

of the Northamptonshire community and this is a fantastic way for the club and Commsave to reach good causes that help improve the lives of Cobblers supporters.

“There are so many fantastic causes that deserve support and we look forward to seeing some of the great causes put forward for consideration.”

Commsave is one of the largest credit unions in the UK, with over 35,000 members. The organisation is not-for-profit and owned exclusively by its members.

the market backdrop, we are relentlessly focused on meeting our customers’ needs in core categories and supporting our local branch managers to grow share of wallet, particularly with general builder and professional trade customers.”

Trading over the next few months is expected to remain difficult but longer-term progress in key markets is the target. “The opportunities

presented by the requirement to decarbonise the UK’s built environment and address the shortage of both private and social housing remain significant and our unique portfolio of businesses, coupled with the development of innovative solutions for our customers, will enable the group to deliver long-term growth and create value for shareholders,” Mr Roberts said.

Kingsfield IT colleagues celebrate their Microsoft award

Nick Roberts

This year’s Chamber Summer Meeting has been rescheduled from Friday, August 4, to Friday, 22 September, 7am-10am, at Stanwick Lakes, Wellingborough.

Chamber members, business representatives and local stakeholders are encouraged to attend the Chamber’s event, which will focus on celebrating Northants.

Attendees will not only have the opportunity to network with leading figures in the area, including the Chamber President but they are also invited to take part in ‘Member Spotlight’, an opportunity to talk for up to 30 minutes about their organisation, its offerings, their success story or hot topics within our local area –Wellingborough and East Northamptonshire.

Pritesh Ganatra, Chamber President, urges Chamber members to take advantage of the opportunity. He said: “This initiative provides an exceptional opportunity for our esteemed members to shine and showcase their businesses to the entire community.

“By giving them a dedicated platform, we not only amplify our members’ voices but it also serves as a catalyst for growth and collaboration. It allows businesses, big and small, to share their success stories, innovative ideas and industry expertise.”

To register your place at the Summer Meeting, visit www.wencc.co.uk/news

Manufacturer seals lease deal

Mounted platform vehicle and equipment manufacturer CPL has finalised a lease on a 6,400 sq ft industrial unit in Kettering.

The unit, pictured, at Vernon Court is the company’s fourth site in the town on Telford Way and founder and chief executive Paul Murphy has said he is already looking for a fifth to accommodate CPL’s expansion plans.

The company’s client base is largely in the utilities sector both in the UK and overseas. CPL is looking to create new jobs over the next 12 months.

CPL agreed the lease through commercial property agency Eddisons.

Gilbert Harvey, Eddisons’ director in Northampton and Kettering, said: “With the squeeze on the availability of quality industrial stock in general - and in such a

desirable location as Telford Way, in particular - we secured the unit under offer to CPL prior to the expiry of the previous lease and its vacation by the former

occupier. This ensured no void period for our landlord client and gave CPL the certainty of its new premises to an agreed timescale in its favoured location.”

Travelodge moves into former Ibis site Vehicle firm to open operations centre

National hotel brand Travelodge has been quick to snap the opportunity to lease a site at Wellingborough after its acquisition by property firm Cooper Estates Development.

The new owners have agreed the lease as part of the deal, with Travelodge taking over the site at Enstone Court from fellow hotel operator Ibis. Travelodge plans to reopen the hotel before the British Grand Prix at Silverstone in July next year. Cooper estates’ investment director David Gregory said: “This had the potential to be a very complicated deal, with the end of one lease, the acquisition and the new lease with Travelodge all needing to happen in tandem. That it went so smoothly is testament to the team that worked on it and means all parties are in the best possible position to move

forward and ensure the hotel’s continued success.”

Law firm Moore Barlow advised Cooper Estates on the multi-million pound acquisition, part of the company’s plans to expand its hospitality portfolio. Partner and head of real estate Luc Algar said: “Cooper Estates have a strong track record of acquiring sites and making them work. This is another excellent selection and the immediate interest from a national hotel brand shows the potential it has to deliver growth.

“The hotel and leisure industry is a vital cog in the UK’s economic machine and ensuring it is backed by a robust M&A market is essential. Ensuring sites in towns like Wellingborough, where tourism is essential to the local economy, continue to prosper.”

YES, YOU CAN HAVE YOUR CAKE AND EAT IT.

Review your contracts of employment and staff handbooks… for free

In the last few years...

There have been two key changes that may affect employment contracts and handbooks.

April 2020 saw changes requiring employers to issue written statements including prescribed information to each new worker on or before their first day.

The necessary detail require changed e.g. training information must now be included as must all forms of paid leave – including family friendly leave.

Hybrid and remote working

Another change is the shift in traditional working practices. Gone is the 9-5 office based role, for many replaced with flexible ways of working including hybrid working – potentially here to stay for the medium to long term. Do your contracts and policies adequately cover this?

Further likely changes

Restrictive covenants: potentially, changes will be made to the future enforceability of restrictive covenants.

Check that your contracts provide sufficient protections

to your organisation’s information as you may find confidential information and (where applicable) IP clauses need updating.

Contracts: are yours up to date?

Unless your contracts have been revised to take account of the changes, they will not be legally compliant. This may not be an issue for those the organisation employed before April 2020, but it will be an issue for any new hires you have taken on, or you are planning to take on.

In conclusion, can you be 100% certain your contracts and handbook reflect your current way of working? What is the cost?

There is none – we don’t charge for the review (charges would only apply if you ask us to help update the applicable documents).

Contact the Employment Team (EmploymentLaw@ wilsonbrowne.co.uk), or call 01604 876697 for further information to arrange your free review.

Online vehicle remarketing and recycling company Copart UK is to open a new operation centre in Corby.

The development for a new 33-acre site will support the company’s growth in the central region of the UK. The site at the Rockingham Racetrack will enable Copart to increase vehicle storage capacity in the region by almost one-third. The move is part of Copart’s UK expansion plans to meet demand from customers including most of the UK’s major insurance and automotive companies.

Jane Pocock, chief executive of Copart UK & Ireland, said: “Corby is a perfect location to further strengthen our unrivalled operational capabilities in the central region of the UK.”

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If you think you can’t get expert legal advice without it costing a fortune, think again.

Forum tackles hurdles to hiring apprentices

Breaking down the barriers to hiring apprentices and bringing more young talent into the industry are key to the sector’s ongoing success, employers in the home and construction industries have concluded.

Several took part in a discussion forum hosted by an industry-specialist recruitment agency in Northamptonshire to debate the obstacles in recruiting more apprentices and raising awareness of the benefits of doing so.

Rail freight interchange enters critical construction phase

By the end of next year, this site will be home to up to 7,000 jobs and five million sq ft of warehousing. Today, railway engineers are beginning an important phase to connect a major new rail freight interchange to the West Coast main line in Northampton.

Construction of the new link to the Strategic Rail Freight Interchange at SEGRO Logistics Park Northampton is under way. The new railway connection, which will be used by freight company Maritime, will see thousands of tonnes of goods switch between rail and road beside M1 Junction 15 every day.

Engineers are completing the railway sidings for the already constructed container terminal and work is due to start this month to connect the interchange to one of Europe’s busiest mixed-use passenger and freight railway lines, by installing new track, points and signalling systems.

Kate Bedson, SEGRO

senior director of national logistics, said: “The Strategic Rail Freight Interchange is a central part of the SEGRO Logistics Park Northampton development and we look forward to the connection to the rail network being completed so that the terminal can be operational ahead of the first customer occupying the first warehouse.”

Maritime’s executive chairman John Williams added: “These developments at SEGRO Logistics Park Northampton are important, long-term commitments for Maritime to reduce our environmental footprint by developing a network of low-carbon, strategic freight connections across the country to promote modal shift from road to rail for container transport and for domestic distribution, with local distribution by electricpowered trucks.

“Building and operating modern, inland rail freight interchanges, supported by

the largest dedicated fleet of vehicles in the country, enables us to deliver terminal to terminal rail solutions and highly efficient rail to door and door to rail services for our customers who are looking for long-term, supply chain protection and sustainable transport solutions.”

The West Coast Main Line is one of the busiest freight routes in Europe carrying 40 per cent of all UK rail freight traffic. The new Northampton interchange will handle four freight trains a day initially, with capacity for more in future. Each freight train takes up to 76 heavy good vehicles off the road.

James Dean, Network Rail’s West Coast South route director, said: “This will help deliver better, faster, stronger services to support Britain’s economy and the decarbonisation of transport.”

A section of the West Coast main line is to close for the installation of new track, points and signalling on

Safety expert issues harvest time warning

With the cost of farm fires hitting more than £95 million in 2021, the need for regular fire safety risk assessments has never been more important to UK farmers.

Harvest is under way and the risks increase significantly, with electrical problems known to be one of the biggest causes of devastating farm fires.

John Crockett, health and safety manager at Northampton-based Acorn Safety Services, is urging farmers to be on top of their health and safety issues as the busiest time of the year gets under way.

“Discarded cigarettes, hot fuel and broken bottles can all cause fires, given the right conditions,” Mr Crockett said. “With some statistics showing that as many as 40 per cent of farms will never recover from the devastating effects of a fire, making sure a full fire risk assessment has been carried out on your farm is essential, particularly as the busy harvest season approaches.”

He is also advising farmers to carry out a legionella risk assessment to check for the presence of legionella bacteria in water supplies. “Water supplies to livestock can stagnate if not used or flushed

on a regular basis. Natural water courses where livestock feed are also a concernwild animals may cause water supplies to become poor where faeces or rotting animals are not noticed.”

Regular testing be carried out to keep water supplies clean, he added.

A risk assessment will identify potential issues and ensure safety measures which need to be introduced are communicated with all staff members. Farmers should also have an emergency plan in place to ensure all those affected know what to do should the worst happen, Mr Crockett said.

September 2-10. Ms Bedson said: “We are confident that the short-term disruption while this vital work is undertaken will be far outweighed by the longer-term benefits of the overall development and the rail freight capability at this location.”

The round table event, organised by the Higham Ferrers-based Simon Acres Group and apprenticeship training provider Workpays, agreed that uncertainty around costs, unfamiliarity with apprenticeship standards, little knowledge of training and confusing jargon were the main hindrances.

Now the group’s managing director Simon Acres, inset, is planning a meeting with Wellingborough MP Peter Bone to discuss the issue

in more detail and call for government action.

Mr Acres said: “With the support of Workpays, we hope to establish a collaborative approach to bring more apprentices into our sector. We are encouraging other businesses to get involved and to work with us to address the challenges and to showcase the many benefits that apprenticeships offer.”

The roundtable, at the Stanwick Hotel in Stanwick, heard from leading apprenticeship bodies, training providers and kitchens, bedrooms, and bathrooms (KBB) retailers.

“Apprenticeships are a vital aspect to creating an experienced, knowledgeable and skilled KBB workforce,” MrAcres said. “Hosting a lively and insightful roundtable on this important topic provided the opportunity to identify the challenges that prevent businesses from hiring apprentices in addition to the ways in which these barriers can be overcome.”

This aerial shot shows where containers will be stored at the new Northampton rail freight terminal

EV salary sacrifice: An important benefit with sizeable savings

With plug-in hybrid and fully electric cars now making up the lion’s share of all new vehicle orders, salary sacrifice schemes are leading the way as the cheapest form of EV funding.

According to Steve Beadle, head of salary sacrifice at Grosvenor Leasing, who are based in Kettering and have been in Northamptonshire for over 40 years, company employees can drive an electric car for up to 40% less with salary sacrifice compared to a personal lease.

And there are advantages for the company too.

Grosvenor Leasing’s offering is risk-free, which is a key factor for businesses that are looking to quickly implement a scheme, as it comes with protection against

employees leaving the company, or going on extended sick or maternity/paternity leave.

“Never before have we seen such swift uptake in a funding solution,” said Steve. “The reason is all down to the very low benefit in kind tax (BIK) on electric cars, which has resulted in salary sacrifice becoming by far the cheapest way to source an EV.

“Put simply, if an employee decides to sacrifice a portion of their salary for an electric car, the amount of income tax and National Insurance contributions they pay will reduce.

“Their employer then provides them with a fully funded, maintained and insured electric car, on which they will only be paying very low benefit in kind tax. This provides an immediate saving

https://www.thegrosvenorgroup.co.uk/salary-sacrifice

compared to buying that vehicle or funding it through a personal lease and the employer also gains by making Class 1a NI savings as well as offering an additional staff benefit at no extra cost.

“A unique aspect of our salary sacrifice scheme is that it is also risk-free as it comes with protection against employees leaving the company, or going on extended sick or maternity/ paternity leave.

“This is a particularly important feature of our offering because it means companies can implement it with complete peace of mind.

“It’s also very straightforward to put in place and with minimal input or administration it can be implemented swiftly - quickly becoming a very important staff benefit offering sizeable savings.”

To give a flavour of the potential savings of salary sacrifice compared to an employee funding a car through a personal lease...

n A 20% tax payer choosing a MG MG4 Hatchback 125kW SE EV 51kWh 5dr Auto on a 3 year lease, covering 10,000 miles a year would save £151.83 per month

n A 40% tax payer choosing a Cupra Born Electric Hatchback 150kW V2 58kWh 5dr Auto covering 10,000 miles a year over 3 years would save £201.62 per month

n A 40% tax payer choosing a Tesla Model Y Hatchback Long Range AWD 5dr Auto with 10,000 miles a year over 3 years would save £251.64 per month

Grosvenor Leasing’s Salary Sacrifice scheme for Ultra Low Emission Vehicles and Electric Vehicles can save your employees as much as 40% per month compared to a personal lease, with financial and environmental advantages for your business too.

Risk Free and Minimal Administration

It also comes with protection against employees leaving the company, or going on extended sick or maternity/ paternity leave, and there is minimal input required to put it in place.

It means businesses can implement the scheme with complete peace of mind, and without being overwhelmed with lots of administration.

Benefits to Employees and Employers

Employees sacrifice a portion of their gross salary in return for a fully maintained, taxed and insured company vehicle, at very competitive rates.

The employer gains by making Class 1A National Insurance savings as well as offering an additional staff benefit, at no extra cost.

With many exciting electric cars available, such as the Tesla Model Y, Cupra Born and Polestar 2 (all shown to the right), now is a great time to be offering a ULEV and EV Salary Sacrifice scheme.

Council buys former Jobcentre site

It has sat empty and falling into disrepair for more than a decade. Now the former Jobcentre in Wood Street, Northampton, has been purchased by West Northamptonshire Council as part of the redevelopment of 35-45 Abington Street.

The council plans to restore the building to provide homes and services in the town centre. Completion coincides with the council seeking expressions of interest from potential development partners for the project, which becomes part of the regeneration of the former BHS and M&S stores.

The £475,000 freehold price plus costs was funded through the Towns Fund allocated by government. The site will be transformed to accommodate modern leisure or retail space on the ground floor with new homes above. Cllr Dan Lister, cabinet member for economic development, town centre regeneration and growth, said: “Ensuring that Northampton is a place where residents and businesses can thrive is a significant priority for us.”

The work is part of the wider regeneration of Northampton town centre that will see the area become a cultural hub.

Innovator proves she is an inspiration

Entrepreneur Kamelia Singh, who founded the children’s education and entertainment venture

Cosmic Superstars, has received a national award for her work just a year after launching the business.

She has received an Inspirational Woman in STEM award which promotes science, technology, engineering and maths. The ceremony at the House of Lords saw the Northampton businesswoman rubbing shoulders with the likes of businesswoman and politician Baroness Sandy Verma, MPs and other STEM sector leaders.

Ms Singh’s award recognised her dedication to her career in the tech industry, her advocacy for diversity and inclusivity in STEM and her efforts to build a community of

parents, guardians and businesses. She said: “It has been an amazing journey so far; studying at the University of Northampton, working, consulting and advising in the tech industry with organisations global and local, large and small,” said Ms Singh.

“I love technology innovation and the positive difference it can make to our everyday lives, our world and beyond. Tech is ever-changing, innovation is always being challenged and there are so many exciting opportunities for our next generation to influence.”

Ms Singh has also developed her work championing young people in #STEAM - combining science and arts. “A great passion of mine has always been to inspire our young people and make a difference in our world in some way but I was not too

sure how until my daughter Amariyah inspired me with her love of space,” Ms Singh said. “And I thought ‘That’s it’.

“The concept is all about young minds getting together, talking STEM, getting industry leaders involved, undertaking projects that address some of the hot topics in the industry and using creative thinking to bring it alive while having fun along the way, building confidence and interesting careers.”

After hosting a pilot event earlier this year, Ms Singh is planning a full launch of Cosmic Superstars in Northampton later this year

“We are getting the foundations in place from the positive feedback of our pilot event earlier this year and revamping the website,” she said.

Development programme gives food manufacturer a taste for success

Food manufacturer Greencore is celebrating success in this year’s Princess Royal Training Awards.

The company, which manufactures sandwiches, wraps and baguettes for M&S at its factory in Northampton, has been recognised for its bespoke Line Coordinator Framework’ professional development programme, which launched in 2020 and has since had more than 350 colleagues graduate.

It is one of a total 53 organisations hailed for their positive impact

through skills development in the awards, announced by City & Guilds last month.

The award is the second Princess

Royal Training Award to Greencore.

“We know the Princess Royal Training Awards sets incredibly high standards and both our talent,

development and inclusion team and the delegates have all worked so hard over the past few years to help them develop their skills to have a more fulfilling career at Greencore,” said Greencore’s director of talent, development and inclusion Natalie Rogers. “Our development team have truly embraced Greencore’s creative design ambitions and they continue to deliver this outstanding programme day and night to our 1,000 line coordinators, having a positive impact on our organisation every day.”

Kamelia Singh at the House of Lords

Staff from Greencore with their Princess Royal Training awards

Prepare your business for sale to MBO team

If you are planning to sell your business, one option might be a management buyout. Preparation well in advance will help to ensure that the MBO team is right for the deal and that your business is presented in the best possible shape.

“By getting your business

MBO-ready as early as possible, it is more likely that any deal will succeed, completing quickly with no hiccups,” said Tom Bodkin, pictured, a partner in the corporate and commercial team with Borneo Martell Turner Coulston. He considers how to ensure your business is fully prepared for a management buyout.

The MBO team

All management teams are unique and it critical to consider that the MBO team have the ability to not only manage the business but also to unite as viable owners early on. It is important to analyse the management team in the same way that an external funder would.

Profitability

In priming your business for a MBO, you need to look at your business as a potential purchaser would view it. The MBO team will be assessing all the financials during the

due diligence stage but if there are any cost savings that can be made to boost profitability in advance of a buy-out process, this will only enhance your position.

Business contracts

As part of your quest for increased profitability, you will want to review your business contracts to see if any require attention. Do you have a particular contract that is highly lucrative or any lossmaking contracts that you need to terminate?

We can advise on any contractual issues arising from this review.

Company debts

It is commonplace for companies to carry debt but if yours is likely to be a concern to the MBO team or their funders, consider debt redemption as part of the deal or at least have a plan in mind as to how any debt will be dealt with in negotiations.

How Borneo Martell Turner Coulston Solicitors can help

Our solicitors will guide you throughout the whole MBO sale process, from helping you to shape your business into an attractive proposition and agreeing the deal in principle right through to due diligence, agreeing contracts and completing.

For an informal discussion, contact Tom Bodkin the corporate and commercial team on 01604 622101 or email tom.bodkin@bmtclaw.co.uk.

This article is for general information only and does not constitute legal or professional advice. Please note that the law may have changed since this article was published.

The crucial accounting concepts every business owner should know

Logistics growth shows no sign of slowing down

Driving on the M1 past J15, you cannot fail to have spotted the new SEGRO logistics park writes Tom Charteress, above, a trainee solicitor at Wilson Browne Solicitors or at least the work on the J15 interchange, designed to ease traffic flow. With its new strategic rail freight interchange, the facility is poised to have a significant impact on the construction and warehouse/ logistics sector, promising to streamline logistics and open up new opportunities for industrial growth and redevelopment in the region. This is just one of many significant commercial developments across the county, and others include Daventry International Rail Freight Terminal, Symmetry Park and Cransley Park Kettering, Centrix Business Park Corby and St Modwen Park Wellingborough, to name but a few.

Such developments are set to lead to a surge in demand for construction services and continued development of the logistics sector in Northamptonshire. The recent Future of Freight plan from the Department for Transport indicates that we can expect to see more such developments, leading to a boost in the demand for industrial and warehouse spaces with Northamptonshire being an important hub for the logistics sector in its prime position within the ‘Golden Triangle’. The upshot of all this extra warehousing and logistics development is that - as well as having a rather enticing Hotel Chocolat factory outlet just up the road at Panattoni Park - there will be significant opportunities not only in terms of jobs/employment but also, at an earlier stage, for landowners and developers who will be involved in site acquisitions and disposals.

With a commercial property team offering significant expertise in the logistics sector, and other teams dealing with employment law, commercial disputes and corporate and commercial law, Wilson Browne Solicitors are ideally placed to help businesses of all sizes.

In an ever-expanding sector, it is useful to know there is expert advice right on your doorstep, from lawyers recognised by the who’s who of the legal world (The Legal 500). www.wilsonbrowne.co.uk

Due diligence ensures contracts benefit new owner

If you have spotted a great business acquisition opportunity and the headline figures look superb, how do you know that you will be getting the value and benefits in the deal that you had hoped for? The key lies in the quality and depth of the due diligence carried out by your advisors, especially in regard to the transferability of the business contracts.

“It is a sad fact that some otherwise viable acquisitions have failed to succeed as a result of important contracts not being transferable to the acquiring business,” said Tom Bodkin, a partner in the corporate and commercial team with Borneo Martell Turner Coulston.

After you have reached agreement in principle on the main heads of terms with the owner of your target business, the due diligence process will soon begin.

Obtaining copies of contracts

Borneo Martell Turner Coulston

solicitors will request form the seller’s solicitors all the documents that you will need to see before you even consider exchanging contracts on the deal. This will require the seller to provide a copy of every contract that is relevant to their business.

It is likely that you will be asked to sign a confidentiality agreement prior to the disclosure and solicitors can advise you on its terms. Borneo Martell Turner Coulston will be happy to discuss any queries you may have at disclosure stage

For an informal discussion, contact Tom Bodkin in the corporate and commercial team on 01604 622101 or email tom.bodkin@bmtclaw.co.uk

and can liaise with the seller’s solicitors regarding any missing or unusual documents.

It is vital that you have sight of a complete contractual ‘snapshot’ of the business at that moment in time. By analysing the contracts in detail, you will find out a great deal about the business, both for the better and for the worse.

How Borneo Martell Turner Coulston Solicitors can help We will help you to navigate the transfer of business-critical contracts at the time of the acquisition, so that you can be confident about maximising the return on your investment.

If you need advice regarding a business purchase and the related due diligence, it is vital you speak with a corporate or commercial lawyer with the correct knowledge and experience as early as possible.

For the latest update, comment and analysis from Northamptonshire’s expert law firms, visit www.business-times.co.uk

In last month’s article, I made the point that the correct calculation of profit is vital for decisionmaking within a business writes Adrian Goodman, managing director of PPX Consulting. I discussed the different ways to classify costs and why this is so important.

To expand on this theme, this month I will be looking at the accounting concepts used to ensure accuracy, which, in my opinion, all business owners should know.

n The Accounting Equation

n Double Entry Accounting

n The Accrual Accounting Convention

The Accounting Equation states that Assets - Liabilities = Equity. In other words, if you add up all the assets owned by the business and then deduct the liabilities owed by the business, the amount left over should match the accumulated profit (equity) retained in the business.

This is represented by the Balance Sheet, where you can clearly see assets, liabilities and equity and the relationship between them.

Double Entry Accounting is the accounting system used by most businesses globally. It dictates that for every debit there must be a credit and this is why the Accounting Equation works.

These two concepts are relatively well known and, if they are adhered to, the numerical accuracy of your numbers is guaranteed.

The third concept, The Accrual Accounting Convention, is less to do with numerical accuracy and more about timing. This adds another angle to my assertion that calculating your profit correctly is vital. It is not just important to get

the numbers right – it is also essential that they appear in the correct period.

The Accrual Accounting Convention stipulates that any costs incurred in generating revenue must be recognised in the same period as the revenue generated. For example, if you buy stock in one period but sell it in a later period, the cost should not be recognised until the stock is sold.

The reasons for this are relatively obvious. If you receive a massive shipment of stock the day before your financial year ends, it is unlikely you will sell any of that stock in the same year as you receive it. Unless you defer this invoice, it will result in a significant cost being added to your accounts in one year and a large sale the following year. Profit - and therefore taxin the earlier period would be very low while profit in the later period would be artificially high since all the cost relating to those sales would have already been accounted for in a different period.

But why does this matter?

After all. the profit would be made and tax paid at some point and it would all ‘come out in the wash’. Right?

Apart from the fact that it would be very difficult to measure the performance of your business internally, consider the sharp increase in the corporation tax rate earlier this year. Any profits made prior to April 2023 would have been taxed at a lower rate, which may seem like good news. But if this is achieved by manipulating the recognition of cost, you may well end up with penalties from HM Revenue & Customs.

When it comes to performance evaluation, as with many things in life, timing is important.

Adrian Goodman is Managing Director of PPX Consulting and author of Achieving Profitable Growth, a guide to establishing financial control in business.

We are here for people, not for profit

Green loans, online tools to improve people’s financial wellbeing, a financial education programme for young people and new offices to support growth... just a few of the pledges and plans from the newly appointed CEO of Northampton-based Commsave Credit Union.

Dominic Masterson, who has more than 35 years’ experience working in the financial services sector and was formerly Head of Operations for CCLA Investment Management and Chief Operating Officer for Yealand Fund Services, has officially joined Commsave as its new CEO this month following a few months of bedding in and getting to know the team and organisation.

Dominic said: “My role as CEO is to lead the staff team and work with the volunteer board of directors, other volunteers, members and supporters to keep developing Commsave so we can help even more people benefit from our services and product range.

“Credit unions are different because we put members’ needs

first. We are here for people, not for profit, and our vision is clear: to see a world where everyone is financially included, with access to a safe method of saving, responsible credit with financial skills to manage their money wisely and achieve long-term wellbeing.

“We provide ethical, affordable services and loans and I am looking forward to using my

knowledge, experience and networks to increase membership and build financial resilience for our Commsave members.”

New credit cards are in the planning for next year and in the meantime the team are preparing to move into larger offices in Moulton Park, Northampton.

“We are investing in these new premises” explains Dominic “which will enable us to grow

and support our members even more effectively. The open plan layout will bring our teams closer together; we will have an educational zone for members.”

Commsave’s online portal curight.

co.uk is packed with budget planning tools, calculators for mortgages and loans and a host of cost of living resources. It has until now been exclusively available to Commsave members but will be free for all from this year - all part of Dominic’s determination to share financial support and resources with all.

“We are also planning a programme to support young people so that when they leave education they have good money management skills,” Dominic

adds. “Another area of continued focus will be working with Northamptonshire organisations and establishing payroll partnerships. This is a great way for organisations to support their staff at no cost to them at all - a winwin for all, particularly given the current cost of living crisis.”

Now that Dominic has been officially unveiled as Commsave’s new CEO, he is looking forward to networking and meeting with Northamptonshire’s businesses, education, non-profit and community leaders.

Dominic takes over the helm from Richard Munro, the Interim CEO who stepped in following the departure of Amanda Ivey after a successful tenure of 18 years. Dominic is married with three children and four grandchildren. He is a trustee and treasurer of a foodbank charity and a parish councillor.

You can get in touch with Dominic by emailing dominicmasterson@commsave. co.uk. You can also follow him on LinkedIn.

Commsave Credit Union’s new CEO aims to deliver its ethical and affordable financial services to more people facing hardship in the cost of living crisis

Dominic Masterson (right) receives the keys from interim CEO Richard Munro

Our vision is clear: To see a world where everyone is financially included, with access to safe saving, responsible credit and skills to manage their money wisely

Developer goes bold to meet units demand

Developer Tritax

Symmetry has announced a “bold decision” to speculatively develop a new 500,000 sq ft logistics facility at Symmetry Park, Kettering.

This facility is the second unit to be built at Symmetry Park. In February a facility of 312,875 sq ft was completed and pre-let on a 15-year lease. Completion for the new Kettering 500 unit, which will be built to Net Zero Carbon in Construction and target a minimum BREEAM Excellent and EPC A rating, is scheduled for April next year.

Development director Jonathan Wallis, head of Tritax Symmetry’s Northampton office, said the speculative development was in response to demand amid a shortage of supply.

“Symmetry Park, Kettering represents a new era of

logistics development, with wellbeing, sustainability and power security playing a fundamental role in the design,” he added.

Symmetry Park, Kettering sits on 136 acres alongside Junction 9 on the A14 and has outline planning consent for 2,310,000 sq ft of logistics floor space. Cushman and Wakefield and BNP Paribas Real Estate are joint letting agents.

James Harrison, international partner at Cushman & Wakefield, said: “This bold decision from Tritax Symmetry demonstrates its confidence in the UK logistics market and the strength of the A14 corridor as a logistics warehouse location. This facility is being built to meet the demand of businesses looking to occupy a building with the very best ESG credentials in an established logistics hot spot.”

Mum’s the word: Mothers’ group signs off new ‘back to work’ policy

Juggling the demands of parenthood with the expectations of a career means that working parents often face an uphill struggle.

They are often the most skilled people in the UK workforce and the government is working to tempt more of them - particularly new mothers back from maternity leave - into employment to boost the UK economy.

Chancellor of the Exchequer Jeremy Hunt has pledged to deliver more free childcare and ministerial colleagues

are calling on employers to review maternity packages and embrace flexible working to relieve some of the pressure on working families.

Finding ways to help businesses to retain talent and encourage parents back to work after having a baby is a common discussion for HR specialist Kate Coulson.

The founder and director of Ena HR & Training, based near Northampton, has been working with The Mum Club, a community created for women with young children

across the UK, on their campaign to give their people the best maternity benefits.

The result: changes to the club’s standard policy including reasonable time off for IVF and fertility treatment, active encouragement of Keeping In Touch days, phased returns to work and proper reinduction on a mother’s return to employment.

Flexible working is guaranteed, as is a safe environment in which to express and store milk and

Kate Coulson (above) has been working with The Mum Club management (left) to update their maternity policy

reasonable breaks to support breastfeeding.

“Working with The Mum Club to essentially rewrite their maternity policy has been a privilege,” said Ms Coulson. “Working parents are among the most highlyskilled employees and, sadly, some are deterred from coming back to work because of high costs of childcare and a lack of flexible working.

“I would always encourage businesses to listen carefully to their staff and wherever possible to support working families and retain that rich pool of talent.”

The Mum Club, founded in 2016 by Jessica Lawes and Lauren Webber, is a ‘woman first’ support community that has been built around local events.

WORLD-CLASS WINS FOR OUR COMMERCIAL TEAM...

1. Construction Industry

What we did: we acted in the share sale of a group of companies which provide end to end services regarding tender, design and installation of utility networks for housing developers. We negotiated the Share Purchase Agreement, Disclosures and property and employment aspects of the transaction.

2. Cosmetics

What we did: we acted for the sellers on an international acquisition by a French-based company of a UK target. There were tight timescales in the transaction and complex due diligence and contracts to accommodate the foreign buyer. We also dealt with specific and complex disclosures pertaining to intellectual property.

3. Construction Industry

What we did: we acted for multiple inter-generational sellers in the demerger of their group to separate three distinct aspects of their business: (a) building merchants;

(b) garden centre; and (c) property investment. We subsequently acted on the sale of the building merchants in a multi-million pound share sale.

4. Construction Industry

What we did: we acted for the holding company in the group restructure of four existing companies and three new companies which we incorporated to e ect the transaction. The transaction included a share for share exchange, new articles of association, a capital reduction demerger, distribution in specie and transfer of several properties. The main trading company was subsequently sold for circa £11m.

5. Veterinary Services

What we did: we acted for a corporate group of four companies in a capital reduction demerger. The restructure included the incorporation of four new companies in order to separate the trade. We prepared the documents for a share transfer with deferred consideration with conditional payment dates, a share for share exchange, share allotment and class right variation, a dividend in specie of property, property transfer and two capital reduction demergers. There was also security documents negotiated as a part of the transaction.

6. Construction Industry

What we did: we acted for multiple sellers on a share sale. The transaction included deferred consideration, a completion accounts adjustment based on the financial position of the target as at completion, security and retention provisions all of which were negotiated by our corporate team.

7. Automatic Testing Industry

What we did: We acted in a retirement sale for multiple sellers in this multi-million pound transaction. The sale was to an international buyer and included a purchase price adjustment based on the company’s financial position as at completion but also an earn-out provision based on company performance. Our property team also negotiated new leases and we attended to complexities surrounding a loan repayment as a part of the transaction.

8. Manufacturing Industry

What we did: We acted for a holding company in the restructure of a group of companies within the manufacturing sector. This was in preparation for a subsequent trade sale and included incorporating several new companies, extracting the property and trade and grant of new leases to a trading entity.

9. Engineering Industry

What we did: We acted for the holding company in a complex corporate restructure of an engineering group, which included a partial management buy-out (MBO). This involved setting up multiple new companies, extracting the property and demerger of the existing trading business. We also issued loan notes and security for deferred consideration and worked alongside our property team on granting new leases to the trading entity.

10. Compliance Testing

What we did: we acted for the sellers in the sale of the entire issued share capital of a supplier of compliance testing services to a national group. The transaction included initial consideration plus earn-out based deferred consideration.

11. Product Distribution

What we did: We acted for the sellers in the sale of the entire share capital of their company being a specialist distributor of flooring products to a PLC buyer. The transaction included initial consideration as well as revenue linked earn-out deferred consideration. Our commercial property team also negotiated new-leases with the purchaser.

12. Warehousing and Distribution

What we did: we acted on a management buy-out (MBO) of a warehousing group. The transaction included drafting and negotiating the share purchase documents, which included initial and deferred consideration based on profitability of the group.

13. Civil Engineering Sector

What we did: we acted on a management buy-out (MBO) for a supplier of civil engineering services. The transaction included drafting and negotiating the share purchase documents including initial and deferred consideration.

14. Garden and Retail

What we did: we acted for the sellers in a retirement sale – working towards tight timescales in negotiating the share purchase agreement and disclosure documents. The transaction was structured to accommodate the buyer’s funding requirements and involved the collaboration of both our corporate and property teams.

15. Logistics

What we did: we acted for a minority shareholder and advised of his rights and obligations during a complex group restructure. Due to the history of the target concerned, this involved reviewing multiple layers of previous restructures and group transactions.

16. Design and Manufacturing

What we did: we acted in the sale of 60% of a private company’s share capital – this involves more complexities than an entire share sale as not only did we negotiate the share sale documents with initial and deferred consideration on a secured basis but also new Articles of Association and a Shareholders Agreement.

17. Logistics

What we did: we acted for the outgoing shareholders in concluding the third phase of a Management Buy-Out (MBO). This particular transaction included complex funding and financial arrangements to accommodate deferred consideration.

18. Agricultural Technology

What we did: we acted for multiple shareholders in the restructure of a cutting-edge eco-friendly company supporting provision of water in third world countries. The restructure included accommodating rounds of fundraising to support the venture.

19. Engineering Industry

What we did: We acted on a retirement sale for multiple sellers including both an initial payment and an earn-out provision based on target performance.

20. Printing Industry

What we did: we acted for the sale of two companies, one of which was the trading company one of which had the intellectual property used by the target vested in it – each of which was owned by di erent sellers. The transaction included a new lease, licence and under lease, deferred consideration, settlement agreements and liaising with multiple accountants.

Derngate anniversary campaign hails contribution of business

Northampton’s Derngate auditorium turns 40 years old this year. To mark the occasion, Royal & Derngate has launched a fundraising campaign and is to host a gala dinner on September 24.

The celebratory event, held

in the Derngate auditorium, offers supporters of the theatre the chance to enjoy an evening of reminiscence and entertainment, alongside a three-course meal.

Proceeds will go towards supporting the Derngate at

40 campaign, which aims to deliver opportunities for young people to engage in youth theatre, increase provision for access performances, and regenerate the auditorium for future theatregoers.

The theatre has called on Northamptonshire businesses to support the campaign by booking tickets for the Gala Dinner (available as individual seats or tables of ten), by offering prizes for the silent auction on the night or by making a donation to the Derngate at 40 campaign.

n The Derngate at 40 campaign has received a £5,000 boost thanks to fine jeweller Michael Jones Jeweller.

The town centre shop has a long-standing relationship with the theatre, having been the primary sponsor of Royal & Derngate’s Made in Northampton productions for the last seven years and is an established Business Club partner.

Royal & Derngate theatre chief executive Jo Gordon said: “The show of support received from Michael Jones Jeweller underlines the strong relationship that already exists between our two organisations and reflects the bonds we strive to create among all our affiliated business partners.”

Michael Jones Jeweller director Mark Conway said: “We recognise the importance this venue plays in the local and wider Northampton community and have experienced first-hand the wonderful work this theatre produces.”

Royal & Derngate’s development manager Chris Smith said: “The support of local businesses and loyal theatregoers for our Derngate at 40 appeal is invaluable. With the help of their generosity, we can continue to nurture future creative talent, to create an accessible theatre offering for all and to rejuvenate the auditorium seating to help us welcome many more audiences for years to come.”

n Book tickets for the gala dinner and find out more about tthe theatre’s 40th anniversary at www.royalandderngate. co.uk/derngate-40-galadinner/

If you need help with employment issues, call Jennie

0800 088 6004.

“I pride myself

clear advice, striving

outcomes that save

money, stress and reputation… It’s what I do.”

Jahina Head of Employment

Networking

The business networking events this month across Northamptonshire

A group for networkers looking for referrals, introductions, opportunities and sales. A tried and tested model offering dynamic weekly online meetings and an experienced management team: Northants and surrounding areas

Every Tuesday at noon.

National networking

Every Wednesday at noon.

Contact Gary Thorpe for all events. Email:gary.thorpe@debt-doctors.co.uk Tel: 07963 766052 or 01536 333425.

If you are serious about growing your business, BNI works. Last year BNI members in the UK generated more than £482 million worth of business for each other. Here are a list of local chapters:

Elite BNI (Kettering)

Tuesday 6.45am-8.30am: Online

Ignite BNI (Daventry)

Tuesday 6.45am-8.30am:

The Turnpike, Harpole Northampton Pioneer BNI (Northamptonshire)

Wednesday 9.30am-11am: Online

Pavilion BNI (Northampton)

Thursday 6.45am-8.30am:

The Old Northamptonians RFC, Sir Humphrey Cripps Pavilion, Billing Road, Northampton Prosperity BNI (Kettering)

Thursday 6.45am-8.30am:

The Kettering Golf Club, Headlands, Kettering Sterling BNI (Northampton)

Thursday 11.45am-1.30pm:

The Old Northamptonians RFC, Sir Humphrey Cripps Pavilion, Billing Road, Northampton Lighthouse BNI (Northampton)

Friday 6.45am-8.30am:

Franklin’s Gardens, Weedon Road, Northampton

Contact: Duncan Webster. e: duncan@ bnibreakfast.co.uk or call 07977 422220.

The Business Community is focused on growth through collaboration and support with engaging and interactive meetings; both online and face-to-face.

Monthly face-to-face (£16 - first meeting free):

Northampton Breakfast

3rd Wednesday, 7.30-9.30am: The Turnpike, Harpole.

Northampton Evening

4th Tuesday, 6.30-8.30pm: : Cheyne Walk Club

MONTHLY VIRTUAL

Price: £6 - first meeting free.

Wednesday Breakfast

4th Wednesday, 7.30-9am.

Thursday Breakfast

3rd Thursday, 7.30-9am.

Friday Breakfast

2nd Friday, 7.30-9am

THE ACCOUNTABILITY CIRCLE

Mondays, 10am

Helping you get your things action list from ‘To do’ to ‘Done!’ (£6 per meeting or £12 per month).

Contact: buscomm.co.uk/ourevents

World champion opens up on mental health

The Northamptonshire Business Exhibition hosts a Q&A event with former world heavyweight boxing champion Frank Bruno.

The event, part of Northamptonshire Chamber of Commerce’s Business Exhibition, is on September 7 at Franklins Gardens in Northampton. It is an opportunity for visitors to hear about Frank’s boxing career as and his subsequent battle with mental health, including his diagnosis with bipolar disorder.

Frank, pictured, has become a mental health advocate, raising awareness about the importance of seeking help and speaking openly about mental health issues. His charity the Frank Bruno Foundation has a centre in Standens Barn, Northamptonwhich is visited by more than 2,000 people a month - and will be fundraising at the exhibition.

Admission to the exhibition, which runs from 10am until 3pm, is free for visitors.

SPEED NETWORKING

in partnership with Northamptonshire Chamber of Commerce

September 7 1pm-2pm

BANK OF ENGLAND: VIRTUAL ROUND TABLE

September 12 10am-11am: Online

The FSB has 2,000 members across Northamptonshire.

Northamptonshire

September 22 10am-11am: Online

Hosted by Sally Wood, director of Sally Wood Consultancy Limited and FSB area leader for Northants, Leics & Rutland.

To book and for details of other networking, support and webinar events online, visit www.fsb.org.uk/events.

cinch stadium, Franklin’s Gardens, Northampton Speed networking as part of the Chamber’s Northamptonshire Business Exhibition.

BUSINESS NETWORKING

September 14 7pm-8.30pm: Kettering Park Hotel 7 Spa

September 25 7pm-8.30pm

Delapré Abbey, Northampton

Informal networking event. Price: Free event for NNBN members; visitors £10.

LEARN HOW TO DO BUSINESS WITH WEST NORTHAMPTONSHIRE COUNCIL

September 20 9.30am-11am:

Discussion on the current situation regarding inflation, interest rates and their effect on businesses. Free event, Chamber members only.

BUSINESS AFTER HOURS

September 19 5.30pm-7.30pm:

Vulcan Works, Guildhall Road, Northampton

Relaxed informal networking. Sponsored by Digital Future First. Free event, Chamber members and non-members welcome.

To book on to Chamber events, visit www.northants-chamber.co.uk/events

Regional sponsor: Business Times; Northamptonshire Chamber of Commerce

No fuss, no membership, pay as you go... The Business Buzz format is relaxed, informal, conversational networking. Our town-focused events meet face to face, allowing visitors to build better and more robust relationships. These are complemented by regional virtual events. All Business Buzz events run 10am-noon.

Brackley Buzz

September 7: Paisley Pear, Northampton Road.

Price: £8 + VAT.

Northampton Buzz

September 20: Fox & Hounds, Harborough Road.

Price: £8 + VAT.

NEW Towcester Buzz

September 29: The Saracen’s Head, Watling Street, Towcester, NN12 6BX.

Price: £8 + VAT.

Wellingborough Buzz

September 12: Castello Lounge, Market Street

Price: £8 + VAT.

For more details, download the Buzz App or visit www.business-buzz.org/about/locations/. Book and pay at https://app.business-buzz.org/app.

The group hosts networking events - a platform to meet and build relationships with peers and fellow members - and personal development sessions, with talks from business leaders.

LIVING WELL:

ACHIEVING WORK/LIFE BALANCE

September 12 5.30pm-7pm:

Northamptonshire Chamber of Commerce, Waterside Way, Northampton Workshop outlining how to build a wellness routine to support personal and professional development, including stress management techniques and resources for mental health first aid.

Free event. To book, email info@nextgenerationchamber.co.uk

Find out more about NextGen Chamber at www.nextgenerationchamber.co.uk

Vulcan Works, Guildhall Road, Northampton Procurement workshop sponsored by NNBN. Gus De Silva, the council’s head of procurement, guides businesses, charities and organisations through what they need to do, how to bid for work and what is required. Free event - NNBN members and non-members welcome. For more information and to book, visit https://nnbn.co.uk/events/

BUSINESS ROOM

The Business Room is a one business area group for business owners, those in employed positions, MLMs and franchised businesses.

KETTERING

September 12 6 12 noon-2pm:

Kettering Park Hotel & Spa

NORTHAMPTON

September 14 12 noon-2pm:

Sun Inn, High Street, Hardingstone

SOUTH NORTHANTS

September 19 12 noon-2pm:

The Fox & Hounds, Whittlebury

WELLINGBOROUGH

NNBN is a business membership organisation for all of Northamptonshire which aims to help businesses to grow for a brighter future.

HOW TO SELL EFFECTIVELY AND ETHICALLY

September 6 9.30am-11am:

Holiday Inn Express, Kettering Presented by Rupert Turton, of ActionCoach Oakham & Kettering. Free event.

NORTHAMPTONSHIRE BUSINESS EXHIBITION

September 7 8.30am-3.30pm

Franklin’s Gardens, Northampton

Meet scores of the county’s leading and most innovative businesses. Free admission for visitors.

BUSINESS BEFORE HOURS

8.30am-10am

Informal breakfast networking. Price: £10 + VAT Chamber members; non-members £20 + VAT.

EXHIBITION 10am-3.30pm

ChamberLIVE: Q&A with FRANK BRUNO

11am-12 noon

See panel above SPEED NETWORKING 1pm-2pm

Led by business membership organisation NNBN.

Feature your networking group in Business Times. email details to news@business-times.co.uk. Or scan the QR Code.

September 20 12 noon-2pm: The Stanwick Hotel, Stanwick

THE CONNECTIONS CLUB - NORTHANTS

Only open to business owners, influencers and decision-makers.

NORTHAMPTON

September 5 11.45am-2pm:

Delapré Abbey, Northampton. Contact: Barbara Hodgson 07504 946 585 / 01933 652884, email barbara@ yourbusinessmatters.co or visit www.yourbusinessmatters.co

Q&A

Where business people discuss their motivation, ambition, experience - and themselves. In the spotlight this month is Ian Taylor, director of business consultancy Tinderbox and the host of the new Business Buzz networking group launching this month in Towcester.

MBO experience took my career to a new level

MY CAREER

What was your first job?

I worked in Baxters, a meat factory which made pies and sausage rolls for the cross-Channel ferries in the days of the ‘booze cruise’. My job was mixing the pastryliterally tons of it.

Why did you choose your career?

I was always taking things apart to find out how they worked so an engineering career was the obvious choice for me. By choosing an engineering degree with a formal business qualification, I secured a lucrative sponsorship which enabled me to leave home and move to London.

What’s the best job you’ve had?

I was one of the directors of a MBO, which in itself was just the best experience of my career. My specific role was a once-in-a-lifetime opportunity to build a new team to design, build and operate a state-ofthe-art technology infrastructure for a large UK tech business.

…and the worst?

I was business development director for a subsidiary of a well-known global conglomerate that wanted to sell the business. The prolonged uncertainty was tough to manage as it led to a decline in most aspects of the business, a loss of key people and a toxic environment.

What’s the best advice you’ve received in business?

I was told in my first management job that ‘what gets measured gets managed’ and over the years I’ve seen how true that is. When I was at BT, we started to measure every aspect of our business and the results were sobering.

What has been the highlight of your career so far?

Without a doubt the experience and the learning opportunity throughout my first MBO. I particularly remember how effective the support professions were, the intense focus on the business plan, the fast pace of events and how we had to hit MBO deadlines on top of our day jobs.

It was a huge commitment financially but I learned so much in terms of work-life balance and the level of responsibility and accountability. It took my career to a new level …and the low point?

During my worst job, seeing the profound impact on people I had led

and worked with over many years. What started as a merger quickly became a takeover and many talented people suddenly found themselves without a job.

Who in business do you respect the most?

I respect pro-active ‘can do’ people who make things happen that wouldn’t otherwise happen. I’ve worked with and for many leaders and the most endearing qualities for me are personal integrity and the ability to engage and communicate effectively with people at all levels. What annoys you the most in business?

Missed deadlines, lack of care, lack of consideration, shoddy workmanship and dishonesty in many guises.

I’ve just been on holiday and many of the cafés and restaurants were bemoaning the lack of customers yet their websites didn’t have the correct opening hours, menus or prices and their signature dishes were not available. Epic own goals!

What’s your career ambition?

To make every business situation more successful. I’m very proud of what I’ve achieved so far in growing businesses, turning businesses around operationally and leading and managing teams.

Any career regrets?

I probably could have been a successful professional musician had I made a different career choice. I tried to do both music and business but circumstances at the time meant I had to choose. I’ll never know what might have been.

You’re retired. What are you doing and where?

I’ll continue to play and enjoy live music, support the Paulerspury Players Theatre Group where I am musical director, expand my garden railway and invest my time in philanthropic projects in Northamptonshire such as The Lewis Foundation.

Me and my piano... and the stress simply disappears

What’s your earliest memory?

Making sandcastles on the golden sandy beach at Margate, where we lived. I was born in Southend, and the family moved to Margate during my first year. I remember being surrounded by sea and cliffs to jump off...

Schooldays – the best of your life?

I enjoyed school, particularly sport, but my best days were after school when I’d left home to start my adult life in the big cityLondon. I had money, car, house, independence... what’s not to like? Growing up, who was your best friend?

Simon. His family moved to the area a few weeks before we both started secondary school. That was a one-hour bus journey every day and we met every morning at the bus stop.

We weren’t in the same class at school but aside from that we were literally inseparable. I had a BMX bike, and he had the famous ‘Chopper’.

As a child, where was your best family holiday?

We hired a canal boat and explored northern England and Wales around the Potteries and across to

unnecessarily. Rather than give 53 reasons why you can’t do something, find one reason to do it. Apart from marriage/children, what has been the best day of your life?

When I was in a senior role at the BBC, I was hosting some suppliers at Wimbledon. It’s always a great event but that year we were treated to what is now regarded as one of the best tennis matches everFederer v Nadal, five sets, nearly five hours.

How do you relax?

My main relaxation is playing the piano, whether that’s at home or publicly. I can play for hours and when I had my most stressful jobs, I found that playing the piano had the effect of wiping my short-term memory. So when I’d finished playing I was able to start afresh.

What’s your guilty pleasure?

I love to watch films that some would call ‘chick flicks’ - Love

Actually, La La Land, Notting Hill, Four Weddings and a Funeral, Lost in Translation and many more. The pleasure started back in the days of hiring grainy VHS videos at the local corner shop.

What’s your perfect night out?

I love a good live show where I can sing along and dad dance, particularly if it’s accompanied with a lovely meal - shellfish, ideally - and drinks with friends. The one place I’ve found where all this comes together is Glasgow, which is my favourite city.

What’s your most treasured possession?

Llangollen over the magnificent Pontcysyllte aqueduct. I remember the mix of intriguing industrial heritage and the fantastic sceneryas well as hundreds of locks. As a child, what job did you want to do when you grew up?

My father was a civil engineer, and it was great to go on site with him to see bridges and other projects he was working on. Inevitably I tinkered with the mechanics on my cars and bikes and I quickly realised engineering was what I wanted to do.

As a teenager, who was your secret crush?

Thereza Bazaar from the pop duo Dollar. I’d seen her on TV but when we were on a rugby tour in Devon, we decided to get tickets for the summer show in Torquay where Dollar were performing. We took some stick but they were amazing - and she was stunning!

What advice would you give to your 18-year-old self?

You really don’t know what you don’t know. Listen and be prepared to learn in every situation. Often the most valuable contributions come from the quietest people.

Don’t reinvent the wheel

I have a beautiful Yamaha grand piano, which I love to play. It has such a deep, rich sound and I can sit and play whenever the mood takes me for two to three hours. It’s a great way of switching off from the pressures of business life.

Tell us a secret about yourself. When I was at university, I took a casual job with a touring sound business to earn some extra money. That led to doing live sound mixing at professional shows for Shakatak, Adrian Snell, Cliff Richard and others before I had to focus back on my exams and my proper job.

What are the first 3 things on your bucket list?

n To see the live stage show of Disney’s Aida in 2024, the version with songs by Elton John and Tim Rice. It’s only ever been performed on Broadway, where it was the second most successful show, behind The Lion King

n To complete the full Scotland North Coast 500 [scenic route around the north coast of Scotland, starting and ending at Inverness Castle]. That’s a one-month trip, I reckon.

n A ride on HS2, when it is completed.

Strengthening business security: The role of security fences and turnstiles

In today’s dynamic business environment, ensuring the safety of personnel, customers and assets is paramount. With escalating security challenges, security fences and turnstiles are essential tools to deter threats and create a secure, safe atmosphere for businesses and educational facilities.

SECURITY FENCES: Defining Boundaries

Beyond their physical presence, security fences have evolved into powerful deterrents against unauthorised access and criminal activities. Customisable in design and material, they seamlessly blend security with a business’s unique aesthetic, reinforcing a sense of protection and control.

Meeting industry regulations is another crucial facet. Adhering to sector-specific security standards not only ensures compliance but also positions a business as a responsible and conscientious entity.

TURNSTILES: Efficient and Secure Passage

Turnstiles are more than crowd control mechanisms. They represent a gateway to

efficient queue management, improved safety and emergency readiness. By regulating foot traffic, turnstiles optimise operations and enhance customer

satisfaction.

Yet their true strength shines in emergencies, providing the ability to swiftly shift from controlled access to rapid egress. Turnstiles contribute significantly to orderly evacuations, bolstering a business’s overall emergency preparedness.

SECURING TOMORROW: A Unified Approach

With digital transformation and evolving threats, integrating traditional security with modern technology is vital. Security fences and turnstiles, once conventional, now stand as sentinels of business protection, combining adaptability, compliance and effectiveness.

Embracing these safeguards establishes an environment that fosters trust among employees and customers, solidifying the relationship between security and success. As businesses navigate change, investing in security fences and turnstiles propels them toward a resilient and prosperous future.

BTT Pedestrian Fob Turnstile

Griffiths Air Conditioning Solutions to ease the pain of energy prices

With the summer drawing to a close, thoughts are turning to a different kind of heat… The heat that will keep our business premises and homes warm during the winter months.

Burton Latimer-based Griffiths have several energyefficient solutions on offer to assist with the significant cost of heating fuel, including a modern hybrid system that combines a gas combi boiler and heat pump.

For water-based central heating systems using either radiators or underfloor heating, the Daikin Altherma range of air source heat pumps provide over 4kW of heat for every 1kW of electricity needed to run them. This, coupled with the government’s Boiler Upgrade Scheme, results in a very economical heating solution for new self-build or replacement situations. Fuel costs for anyone off the gas grid could be reduced

Griffiths will be exhibiting their heating products at the Kettering Vintage Rally & Steam Fair in Cranford over the weekend of September 23-24. Contact Griffiths on 01536 420666, visit www.griffithsaircon.co.uk or call into the Energy Efficiency Centre showroom at 111 High Street in Burton Latimer, open Mon-Fri 9am-5pm.

significantly using the standard heat pumps while the hybrid system could

provide a saving of around 35 per cent on current gas costs. Unfortunately, hybrid

systems do not qualify for the Boiler Upgrade Scheme grant.

The Daikin Altherma

Hybrid smart controller automatically monitors operating conditions, heat pump efficiency and heat load to determine the most economical running mode that achieves the lowest running cost.

For offices, shops or other commercial areas, the Daikin range of energy-efficient air-to-air heat pumps will provide quick warm-up times and cost savings while also being able to cool in the summer months. A wide range of indoor units allow the fan coils to be floor-, wall- or ceiling-mounted, even fully concealed behind

panelling and suspended ceilings. Modern invertercontrolled compressors and clever weather compensation controls, minimise the electricity costs.

Griffiths can provide the ancillary electrical or plumbing installation services required and, most importantly, arrange for the company’s service division to carry out the regular service visits to ensure equipment is operating as efficiently as possible.

Since 2010, Griffiths have been installing solar PV on both domestic and commercial buildings. With current payback of just a few years, it is an ideal partner to any of the above heating products.

Top of the class: Modern blinds meet education sector’s needs

For schools, academies, colleges and universities looking to invest in commercial child safe blind systems, now is the perfect time to start planning for installations during all the main school holidays.

Saxon Blinds once again spent Easter, summer and the half-term holidays working on projects throughout the education sector, taking advantage of the buildings being empty to complete our works with the minimum fuss and disruption.

Many of the heavy duty blind systems we install in schools are transforming the performance and look of classrooms, school main halls, sports halls, making them more suited to modern technologies and the time now spent looking at screens. They can also increase the

Saxon Blinds Pilkington Communications

potential use of the building when it comes to hiring out to other outside groups or organisations , so increasing the opportunity to generate additional income into the school.

As well as modern blinds systems that look better and work more efficiently than the traditional curtain systems, Saxon Blinds is also helping more and more education clients fit systems that can be deployed should there be a security breach. Roller blinds can be instantly lowered where there are signs of intruders, or where there is a situation the might be upsetting to the children.

“Our bespoke systems are all manufactured in our Northampton factory and as such are built to suit any given situation,” added

Let’s talk: Training sessions aim to boost PR know-how

Marketing and PR specialist Pilkington Communications is hosting a series of free training events designed to help charities, nonprofits and small businesses.

The company has ‘hatched’ a new series of 30-minute online training sessions called Turtle Talks. Sessions on press release writing, new social media app Threads, LinkedIn best practice and how Artificial Intelligence can support content marketing have already taken place, with a new series of talks planned for the autumn on topics including podcasting, blogging, TikTok and Instagram.

Director Jessica Pilkington said: “This year is the tenth birthday of Pilkington Communications which is why we decided to launch our Turtle Talks series - to give back to non-profits, charities and small

Mark. “The are compliant with safety regulations, so there are no dangling cords or anything that might prove hazardous, and blinds systems are closely fitted to each individual window, leaving exit doors and fire exits clearly accessible.”

Saxon Blinds produces a complete range of products, offering choice, flexibility and competitive pricing, as well as a five-year guarantee on all commercial blinds. All Saxon Blinds staff are DSB checked and part of the Construction Skills Certification Scheme.

For more details contact Saxon Blinds on 01604 601888, visit the website www.saxonblinds.co.uk or email sales@saxonblinds.co.uk

businesses and help equip them with the marketing and PR knowledge they will need to thrive, expand, recruit and grow.

“Our success, your success is our birthday slogan, so these free sessions are all about sharing our expertise and successes with fellow UK organisations - a perfect birthday present.”

Turtle Talks are delivered through Pilkington Communications’ training arm Turtle Academy.

Jessica Pilkington (left) with PR and marketing assistant Chloe Finch

Four-day week will not suit every business

The idea of a four-day working week may have a strong business case. But it may not be practical for all businesses.

Moving from a traditional Monday to Friday work pattern to the latest 100:80:100 model - in which employees receive their full salary but only work 80 per cent of their standard hours in exchange for worker commitment to maintaining 100pc productivity - is a bold step.

The method proved a great success in a worldwide trial that took place in the wake of the pandemic, with Covid-19 having already changed many aspects of our working lives. However, some employees could see the change as giving them increased workload as they have less time to do the same job. There is a risk that teams could end up feeling overworked and overwhelmed if the scheme is not introduced correctly.

Less than one in ten employers already operate a four-day week locally. But a poll by Ketteringbased people company HR Solutions has found that around two in three employers in the region are considering implementing four-day working in the future.

“In order for the 100:80:100 model to be successful, workers must use their time more wisely, concentrating on being as effective as possible in

Wilson Browne Solicitors

Mergers, acquisitions, MBOs, restructures...

We handle all the deals you need - and more

a smaller time frame to achieve the same level of performance,” said HR Solutions chief executive Greg Guilford. “Four-day working weeks have been proven to improve employee morale and motivation, leading to a more engaged and focused workforce which results in reduced stress levels, lower absenteeism and lower staff turnover.”

The HR Solutions survey found that 73pc of employers were in favour of four-day working in order to improve staff wellbeing and 21pc hoped it would reduce employee turnover. However, one in three of those questioned feared it would be difficult to coordinate work. A similar number worried about maintaining productivity.

“Priority should be to look at the business case for why you wish to introduce a four-day working week and how it ultimately will align with business goals,” said Mr Guilford. “You must also understand the challenges that it could bring and how these can either be overcome or minimised.

“Happy and motivated people are a core part of a successful business. And while there is great potential in this kind of scheme, a contented workforce may also be achieved through good internal communication, relevant staff reward schemes, job flexibility, equality and fair opportunity.”

That is the headline you will see elsewhere in Business Times for our featured deals, highlighting just some of the many deals and transactions our corporate and commercial team has managed recently.

And with it comes an admission…

The admission, such as it is, is that historically we have perhaps been a little shy about telling people about our successes. Perhaps it was because deals like these are something we do day in, day out, week after week and we forget to shout about them.

With a history dating back nearly 200 years and a strong commercial law team covering corporate and commercial, commercial litigation and dispute resolution, commercial property and employment, we have been helping business owners, managers, and entrepreneurs for decades.

The team advises businesses on all aspects of the business lifecycle, working closely alongside the other teams at Wilson Browne Solicitors. This can go from setting up and getting the right business structure, through to terms and conditions of trade, acquisitions and growth strategies and then on to disposals and exit strategies.

Ultimately, we support businesses at all stages, whether a start-up, scaling up or dealing with succession planning.

Having recently assumed the role of head of team for corporate and commercial, Holly Threlfall has been instrumental in driving both the strategy and visibility of the team.

Elsby & Co

“Wilson Browne Solicitors has for a long time been providing a diverse range of corporate clients with expert legal advice,” Holly said. “We believe in challenging the status quo for legal services, that platinum service can be delivered from a regional law firm and that great advice can be delivered with a smile.

“We also believe that businesses do not have to go to a city lawyer for top-level

advice. Our clients would endorse that, with many choosing us for those very reasons.”

For advice on all matters corporate and commercial, contact Holly Threlfall for more information at hthrelfall@wilsonbrowne.co.uk or on 01604 876697.

New corporate finance desk boosts offering

An award-winning accountancy firm with more than 5,000 clients has expanded its services with the launch of a new corporate finance desk.

Elsby & Co has introduced a range of new resources over the past year to extend its offering beyond the traditional compliance service provided by most accountancy firms.

One of the newest elements is Elsby Corporate Finance which in the past six months has helped clients with acquisitions, succession planning, corporate and commercial finance, business sales and valuations, strategic planning and corporate development.

The team is headed by David Howard, inset, a business broker with more than ten years of experience and a proven track record of delivering acquisitions, disposals and finance to support clients along their journey. “Most of our business is around small to medium enterprises but whether you are a sole trader or a small corporate enterprise with a turnover of around £20 million, we have services that can help,” Mr Howard said.

The corporate finance team has worked on a series of projects in the past six months, including the management buy-out of a £1.5 million business with 15 employees.

“We have made it feasible for

the management to finance an acquisition that will allow them to take the company forward and enable the current owner to retire with a sizeable amount of capital for all his endeavours,” said Mr Howard. “It has given the owner the guarantee that his team will have ongoing employment and his customers will continue to receive the same support that he has given them for 30 years.”

Helping clients to plan ahead for their retirement or succession is one of the most important services Elsby & Co offer. “We help company owners to understand how to maximise their business’ value, what options they have and how to create an enduring legacy for clients and staff,” said Mr Howard.

He has also been working with an HR firm on its buy, build and sell strategy. This took the organisation through a series of acquisitions which transformed it from a company with three employees and a turnover of £500,000 to a business with a £5 million turnover which then sold for more than £7 million.

“Acquisitions can bring new staff, new products, new services and new opportunities to existing businesses and, generally, finance is quite easily available,” said Mr Howard. “It is a route people should consider more

often when they are trying to find growth in a business and we can help them with this.”

Elsby Corporate Finance is supported by more than 50 accountants and client managers at Elsby & Co.

“By introducing extra services liked our corporate finance offering, Elsby & Co has become a single point of contact for an expert team with a wide range of specialisms,” said Mr Howard. “Whatever our clients need help with we have the expertise to support them.”

To find out more about Elsby Corporate Finance, email david.howard@elsbycf.co.uk

Greg Guilford

Holly Threlfall, head of team for corporate and commercial at Wilson Browne Solicitors

Four-day working weeks have been proven to improve employee morale and motivation

We believe in challenging the status quo for legal services, that platinum service can be delivered from a regional law firm.

Partnership ‘makes excellent business sense’

Alighting company is working with Northamptonshire charity Teamwork Trust to pack and distribute its products.

Collingwood Lighting, based at Sywell near Northampton, has partnered with the charity for its service users to assemble boxes and pack lights and accessories.

Teamwork Trust supports young people and adults who are autistic, have learning disabilities and/or have mental health challenges to progress towards independence. Businesses that work with Teamwork Trust in this way pay for the service, with all income reinvested into the charity for the benefit of the service users.

“Outsourcing this job to Teamwork Trust has been a godsend,” said Collingwood Lighting’s head of warehousing production Dan Smith. “When I first came across Teamwork Trust, I knew I wanted us to work with them. We have spent the last year looking for the right work to outsource and when we found this job, I knew it would be an excellent fit.”

Teamwork Trust service users created their own production line for the job. They are encouraged and supported to double-check the quality of the packaging and to make sure there is no damage to the light boxes or the item itself.

“People with a disability are almost twice as likely

to be unemployed as people without and three times as likely to be economically inactive,” said the charity’s chief executive Helen Burdett-Wright. “So, as part of our commitment to supporting our service users to gain education and employment experience, we work with businesses like Collingwood Lighting who

are seeking to partner with a charity.”

Last year, Teamwork Trust won a Northamptonshire Logistics Award trophy in recognition for their work with businesses. The charity is seeking to work with other businesses that prove to be a good fit with their values.

“Our stock has been flying off the shelves and we were

Fundraising chills are multiplying

Teamwork Trust has benefited by more than £550 after a special screening of the musical Grease at Corby’s Savoy Cinema.

The screening was organised by the charity to celebrate its 40th birthday and to support its £40,000 fundraising campaign.

not able to work on this job in house,” said Mr Smith. “We can rely on Teamwork Trust to deliver this capacity to the high quality they consistently do which is important as we are in high demand of the lights currently.

“Working with Teamwork Trust does not just feel good; it also makes excellent business sense.”

To find out more, visit www.teamworktrust.co.uk.

If you are a business and would like to work with Teamwork Trust, contact Helen at helenbw@teamworktrust.co.uk.

“We are thrilled,” said Teamwork trust chief executive Helen BurdettWright. “Everyone seemed to really enjoy the night, they were singing and dancing along to all the songs and it was excellent.”

The total takes Teamwork Trust’s anniversary fundraising total this year to over £8,000.

The charity supports autistic adults, people with learning disabilities and with mental health needs via its centres in Corby, Kettering and Wellingborough.

Santas in training for a festive fun run

Summer may only just be coming to a close but here’s a hint that Christmas is not that far away…

Hundreds of Santas large and small will be running, jogging or walking around Northampton racecourse on December 10, distributing pre-Christmas cheer and raising money for local charities as the festive season moves into full swing.

They will be covering either 2.5km or 5km as part of the annual Santa Fun Run organised by Rotary Club Nene Valley, Rotaract and the Rotary Clubs of Northampton, Northampton West and Becket. NLive Radio will broadcast live as well as providing the PA and music systems before Mayor Cllr Stephen Hibbert gets the run under way at 11am. Profits from the event will go to charities

including Cynthia Spencer, The Hope Centre, The Lowdown, NAB, The Lewis Foundation, Northampton Saints Foundation, Northampton Town FC Community Trust and Northamptonshire Health Charity.

Employers in Northampton and around the county are being encouraged to enter teams to take part. Register at https://santarun. northamptonrotaryevents.org/information/.

n Adult entry including suit and medal £12

n Child entry including suit and medal £7

n Family Concession of £32 for two adults and two children with suits and medals

n Company and sports teams £10 each, includes medals but not Santa suits.

ROkart revs up for big race competition

Organisers of the popular ROkart challenge are hoping to top this year’s figure of £3,500 raised for The Lewis Foundation.

The Rotary Club of Nene Valley have once again pledged their support to the charity by offering them their own heat in the next indoor go-karting fundraiser.

The Lewis Foundation is already looking for teams to sign up to their heat on March 19 next year. This year’s event saw teams

competing from businesses including Proheat, Cottons Accountants, Mannol, law firm HCR Hewitsons, NLive Radio, Sunbelt Rentals, Goldstar Racing, Tinderbox, DFA Law and WAIBWentworth Alexander Ltd.

“Events like this are a fantastic opportunity for businesses to get involved in fundraising,” said The Lewis Foundation’s founder and chief executive Lorraine Lewis. ROkart 2023 raised £3,500 for the charity.

The 2024 event will return to Teamworks Karting Northampton between January and March, with ten heats and the winners competing in the Grand Final in March. Northamptonshire businesses can sponsor a team for £250.

For more information about taking part in the ROkart 2024 challenge, email Tony Roberts at tonyja1000@gmail.com or Tony Clewett

tonyclewett@gmail.com

Northamptonshire Milton Keynes North Buckinghamshire and Bedfordshire

Authorities unite to tackle violence: Have your say

Have your say in the work being done to tackle serious violence in Northamptonshire.

A consultation is under way on the Serious Violence Duty introduced in January, which requires public sector organisations to work together locally to tackle, prevent and reduce incidents of serious violence, including knife crime and domestic abuse, and make communities safer.

The Northamptonshire

Serious Violence Alliance, NVSA, includes West and North Northamptonshire Councils and bodies in criminal justice, health and social care and the emergency services.

Anyone affected by serious violence in the last year is asked to share their experience in the survey and how this has affected them and their family, as well as the issues affecting their local community.

Northamptonshire

Police, Fire and Crime Commissioner Stephen Mold, pictured below, said: “Serious violence cannot be tackled by any one agency alone or without the support and involvement of the communities we serve. Plans to tackle violence must be based on a real understanding of local issues and concerns so I hope that people will tell us about their experiences.”

All feedback is recorded anonymously and will help the NSVA to enhance its understanding of the

Serious violence includes:

n Personal robbery;

n Possession of a weapon;

n Domestic abuse;

n Sexual violence and violence against women and girls;

n Youth violence;

n Night-time economy violence.

views and experiences of residents and identify the types of serious violence that happen in Northamptonshire. The results will help the authorities to put effective crime prevention and intervention schemes in place.

“Serious violence can affect anyone and the impact can be lifechanging, whether you are a victim, their friend or family member, or a witness,” said Cllr David Smith, West Northamptonshire Council’s cabinet member for community safety and engagement and regulatory services.

The NSVA will also host a series of public meetings to gather extra information.

“Gathering the most up-to-date information and experiences is essential if we are to develop appropriate strategies to tackle the issue of violent crime in Northamptonshire so it is important people have their say,” said Cllr Mark Rowley, North Northamptonshire Council’s executive member for housing, communities and levelling up.

Law firm’s £50 challenge appeals for more beneficiaries

More charities are set to benefit from a law firm’s annual fundraising challenge to local businesses.

Franklins Solicitors has unveiled plans to extend the number of charitable organisations benefiting from its annual £50 Challenge to six - three in each of the Northampton and Milton Keynes areas.

The firm, which has offices in both places, is inviting charities to nominate themselves to be added to the list of beneficiaries.

The £50 Challenge entails participating teams from local employers taking the cash and using it to generate as much profit as possible over a three-month period. The Franklins £50 Challenge 2024 begins on February 20, running until May 21.

The charities currently supported are the Hope Centre and Cynthia Spencer

Hospice in Northampton, along with Willen Hospice and domestic abuse charity MK Act in Milton Keynes. Franklins is looking to add a third charity from each area.

Marketing manager Rosanna Stimpson said: “Following the success of this year’s challenge, we received such positive praise from the charities who were involved and the teams who took part that we wanted to expand the opportunity so that more people could be supported by the campaign.

“We have focused specifically on working with charities who are dedicated to helping those affected by the cost of living crisis or committed to improving health and wellbeing within our communities as these are issues that affect so many of us and numbers only continue to rise.”

The Franklins £50 Challenge is now in its seventh year. The 2024 strapline

is: Fighting hunger, fuelling wellness, changing local lives. The campaign not only generates financial support but also raises awareness and engages the local community in driving positive change, said Ms Stimpson

Launched in 2018, the Franklins £50 Challenge has raised a total of more than £100,000 for local charities.

Charities based in Northampton or Milton Keynes and aligned with the campaign’s themes of addressing the cost of living crisis and promoting wellbeing are encouraged to apply to join the beneficiary list. Visit www.franklins-sols.co.uk/ 50-challenge/charities or email marketing@franklins-sols.co.uk by September 15 to register interest.

*£30 per 1,000 for orders over 10,001 leaflets. £40 per 1,000 for 10,000 leaflets or less.

Benefiting charities and winning teams celebrate the success of the Franklins £50 Challenge earlier this year

The consultation ends on October 27. Give your views via the online survey at the West Northamptonshire Council Consultation Hub https://westnorthants.citizenspace.com/ community-safety/serious-violence-survey

THE POWER of Three

The Power of 3 runs through the core of OCM as we have three professional disciplines brought together allowing us to deliver such a powerful client focused proposition.

As an Independent Chartered Financial Planning Firm, a Discretionary Asset Manager and Tax planning specialist, we utilise the power of 3, to ensure we deliver a seamless and first class, cost and time efficient service to clients. This is because at OCM we truly believe Our Clients Matter.

CHARTERED Financial Planners

TAXATION & Accounting

DISCRETIONARY Asset Managers