The businessman who founded the UK’s only manufacturer of steam cleaning machines has completed a buy-out of the company with funding from Lancashire County Council’s Rosebud Finance. The deal has …
Category Archives: Finance
Another record year for Enterprise Ventures with 220 deals completed
Enterprise Ventures, which provides finance for SMEs, enjoyed another record year in 2014, completing 220 deals with a combined value of £30m. It brings the total invested by the company …
Growth at year high in the North
Levels of business growth are at their highest in a year for businesses in the North with more than two-thirds (77%) reporting at least one indicator of growth, according to …
1 in 3 North West adults to take on debt for Christmas
Almost one in three adults in the North West expect to take on debt to pay for Christmas 2014, according to research by R3, the insolvency trade body. The survey …
1 in 11 North West adults has debts of over £20,000
One in every 11 adults in the North West (9%) owes more than £20,000, excluding mortgages and student loans, according to research by insolvency trade body R3. Of those who …
Online rug retail set for growth after £3.2m buy-in
Modern Rugs – the UK’s leading dedicated online rug retailer which is based in Co Durham – has undergone a £3.2m management buy-in backed by Enterprise Ventures and PHD Equity …
Doug and Will to head venture fund
Enterprise Ventures, which manages The North West Fund for Venture Capital, has promoted two members of its team to jointly head The Fund. Will Clark will work with The Fund’s …
New brand, new premises for ‘MANFLU’ company
The company behind the successful MANFLU product range has marked a new milestone in its development. Health and Wellbeing Brands has secured distribution deals with Sainsbury’s, Ocado, Amazon and independent …
NW hotel industry on a more stable footing, says R3
Hotels are now one of the most stable sectors in the North West, indicating a turnaround in the industry’s fortunes, according to new figures from the insolvency trade body R3. …