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Safe on site thanks to Operation Seahog
Merseyside Police are cracking down on rogue security firms, particularly those working on the many construction sites across Liverpool. For the last two years, under Operation Seahog, the force has visited over 970 construction sites, executed 64 warrants and investigated 52 private security firms. Some 184 individuals were dealt with in court for working without a Security Industry Authority licence, and a further eight firms were dealt with for employing security guards without a licence. While admitting there is still more work to be done, superintendent Paul Richardson said: "Operation Seahog was set up with the express intention of cracking down on those criminal gangs who were running the city's security at the expense of legitimate firms. It has been an unqualified success and we are now in the position where many more properly licensed and approved contractors are the ones providing security services."
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Business
Computeam invests in Liverpool
Computeam, which provides IT consultancy, training and service support to public and private sector clients, is the first company to take space at the new United Business Centre in Hurricane Court, close to Liverpool John Lennon airport. The Ashton under Lyne-based company is expanding into the Liverpool market thanks to a growing client base in the city. Commercial director Owen Napier said the new facilities are ideal for client meetings and training courses.
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Littlewoods reaches out to the nation
LittlewoodsDirect.com, part of the Liverpool-headquartered Shop Direct Group, is launching a multi-channel, integrated advertising campaign on 7 July. The £4m campaign will run alongside key TV programmes, in magazines such as Marie Claire and on websites such as Osoyou.com and ITV.com. The campaign is part of a larger £16m investment in advertising being made by Shop Direct Group, as it seeks to achieve its objective of reaching 70 per cent sales online by 2011.
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Healthy investment in NHS research
The commercialisation arm of the NHS in the North West, Trustech, has been awarded £580,000 by the government's Public Sector Research Exploitation fund. It made one of 33 successful bids to the £68m fund, which provides money to support the initial stages of commercialising research. The funding runs from 2009 to 2011, with £100,000 a year available to staff entrepreneurs. They will be responsible for transferring successful new products, technology and treatments from the lab or ward into commercial production. Dr Richard Deed, innovation unit manager at Trustech, said: "We estimate that licensing activity and the creation of spin-out companies will return around £1.4m over five years to the NHS in the North West, to fund even more research and innovation."
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Paper group hit by rising costs
James Cropper, the Kendal-based paper company quoted on AIM, announced a 12 per cent increase in turnover today to £72.7m, but escalating energy and pulp costs hit margins and the group's pre-tax profit fell 23 per cent to £2m for the year to 29 March. The company, which expects challenging trading conditions ahead "in light of the current adverse market conditions", manufactures and converts paper, speciality paper goods and high-performance fibres, and operates retailer The Paper Mill Shop.
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Deals
More green machines for JPM
JPM Eco Logistics, the Rochdale-based haulage company that successfully secured investment in the Dragons' Den, has received another £235,000 from Lombard, the asset finance arm of The Royal Bank of Scotland, to expand its fleet of eco-friendly trucks. The company was set up in 2007 and became the first haulier in the UK to run its fleet on 100 per cent biodiesel. JPM now runs a fleet of 12 environmentally friendly trucks and its clients include a national supermarket chain.
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Wish them well in Wigan
Wigan-based greeting card company Wishing Well Studios has undergone a £3m management buyout, funded by Barclays Commercial Bank. The deal was led by co-founder Brian Phillips and fellow co-founder David Evans has exited the business. Phillips has now assumed the role of joint managing director alongside Rod Brown. Wishing Well was established in 1996 and has a turnover of £6m. DTE Corporate Finance, DWF and Halliwells advised.
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Property
St Modwen starts at Stonebridge
Work has begun on the first phase of development of Stonebridge Park in Gillmoss. Developer St Modwen is creating 5,300 sq m of speculative light industrial space at the park, which has already made headlines for its green credentials. Four are being constructed on the former GEC and Sugarbrook sites and eventually the scheme could house 33,400 sq m of serviced development plots, attracting as many as 1,535 new jobs. The start of work on Stonebridge Park's first buildings follows the completion of extensive infrastructure work, carried out by Liverpool Land Development Company, now incorporated into the new Liverpool Vision.
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Glad all over
Gladman Developments has launched sales of small office units at Beecham Court and Smithy Court, its 93,000 sq ft development of speculative office space at Pemberton Business Park in Wigan. The offices range in size from 752 sq ft and are available to purchase on a freehold basis. A further building of 25,500 sq ft is also available for purchase.
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