The bankruptcy of actress and singer Martine McCutcheon shows that debt problems are now common among people on all incomes, according to the insolvency trade body R3. However the organisation …
Category Archives: Finance
Mobile tyre-fitting company secures a further £640k funding
Tyres on the Drive, a fast-growing, innovative online mobile tyre-fitting service, has secured a £640,000 investment from Enterprise Ventures and MMC Ventures to support its expansion. Tyres on the Drive, …
Sluggish recovery is price to pay for fall in business failures, says R3
The number of business failures fell in 2012, according to an analysis by R3 of the official insolvency statistics released today. The figures show that administrations were down by around …
Bankruptcies fall but families are still struggling, says R3
The number of people who went bankrupt fell by 24 per cent in 2012 while the total number of personal insolvencies fell by eight per cent, according to the government’s …
Digital agency set for growth after £500k investment
Liverpool-based marketing agency Ph.Creative is planning to double in size after securing a £500,000 investment from The North West Fund for Venture Capital, managed by Enterprise Ventures. The investment will …
1 in 3 retailers at risk in North West
Nearly one in three retailers in the North West are at risk of failure within the next 12 months, according to figures compiled by R3 using data from Bureau van …
Winder Power set for growth after £6m MBO
Winder Power, the Leeds-based manufacturer of power distribution and generation equipment, has completed a £6m management buy-out backed by Enterprise Ventures and Bank of Ireland UK. The deal passes control …
Container lock firm secures £500k for international growth
A Manchester company which has developed a new system for securing freight containers has received a £500,000 investment from The North West Fund for Venture, managed by Enterprise Ventures. Loksys …
Record year for Enterprise Ventures: £23.6m invested in 2012
Enterprise Ventures has reported another record year in 2012, with £23.6m invested in over 160 small businesses across the UK regions – effectively one transaction every two working days. This …