Latest Manufacturing

Sale of Pump Supplier Business

  Whiting & Partners, The Corporate Finance Network’s representative firm in Cambridgeshire, has successfully advised the shareholders of a pump supplier to a global competitor. The Whiting & Partners team, marketed the company for sale which led to a number of meetings and subsequent offers from a range of interested parties. The client, using the…

R&D Tax Relief: HMRC publish take-up report.

R&D tax relief, to provide government subsidies to those companies that develop innovation products, services or systems, has been with us for 17 years now. The latest HMRC R&D tax relief take-up report, encouragingly, shows that the following recent improvements to the scheme have increased the amount of tax relief claimed by 22% over the…

Wealth Protection

Once clients have built up a successful business, their focus will naturally evolve from business development to protecting the valuable they have buily up from the risks associated with running a business.

Preferred Exit

MBO: Self-funding £1m deal allows owners to retire. We have successfully advised the business owners of an engineering firm on its £1m buy out by the existing management team. Our team were initially approached by the business owners for exit planning advice. The owners had successfully built up an engineering business over 20 years and…

Post BREXIT

BREXIT: What now for UK manufacturing? Now that the dust is beginning to settle following the UK voting to leave the EU, it is clear that it will take some time to determine what the economic infrastructure will be once we do finally reach the point of exit. One immediate effect, however, is the initial…

EU Referendum

EU: Good or bad for UK manufacturing? The announcement of the date for the In/Out of the EU referendum has stirred debate as to whether being within the EU is good or bad for UK manufacturing business. There is clearly no simple answer to the question, with various interest groups declaring themselves as yes or…

Business Asset Financing

Green Finance: Santander now lending on energy efficient CapEx. Santander, through their partners Macquarie Equipment Finance, have recently announced that they will lend on the following energy efficient asset purchases: Batteries/storage Biomass Boilers Boilers (condensing/gas) Building Management Systems CHP systems Energy Efficient Lighting (LED) Gas turbines Heating/ventilation air conditioning systems Metering Power factor correction Roof ventilation Solar…

Risk Management

Export Insurance: Mitigating export risk. Whilst commercial banks and insurers will be your first source of support, if you can’t get export insurance from the private market, UK Export Finance may be able to help.  UK Export Finance is the UK’s export credit agency and is the operating name of the Export Credits Guarantee Department (ECGD)…

Apprenticeships

Manufacturing: Record numbers undertaking apprenticeships. Provisional statistics released show that more people than ever are doing an apprenticeship, with a strong growth in the number of higher apprenticeships. According to the figures, more than 872,000 people were employed on government-funded apprenticeships during the 2014-15 academic year, with almost 30,000 people working towards gaining the higher…

Reshoring

Are You Considering Reshoring? There are early signs of a growing trend of manufacturing businesses taking a critical look at their production processes. Parts of their production that had previously been outsourced abroad, particularly to perceived low cost suppliers in the east, are now being brought back to the UK. This is being labelled as…