Today's Wales business news from Insider |
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Wales
Tuesday 30 March 2021

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EKF on track to set fresh records

AIM-listed point-of-care business EKF Diagnostics Holdings has reported record turnover and profits after having its most successful year to date and making a "real contribution to the fight against the Covid-19 pandemic".  The business also announced the signing of a new multimillion-pound global supply contract and said it was confident that trading for its current financial year will be "significantly ahead of already upgraded management expectations".
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Insider Feature
Feature 1

Business Matters: What makes a good customer?

Bethan Evans, insolvency partner at accountancy firm Menzies LLP, says from a cashflow perspective, there’s little value in having a well-known or profitable customer on your books if they fail to make payments on time. So, how can owner managers recognise this when building their client portfolio and should they consider incentivising prompt payment?
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Deals

Seraph Group strikes deal for Nuttall Parker

The Seraph Group has expanded with the acquisition of Newport-based Nuttall Parker Estate Agents.
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Better Nature hits crowdfunding target in three hours

Better Nature, a meat-free brand which was co-founded by Cardiff-born Elin Roberts, has hit its crowdfunding target within three hours of the private launch and is closing in on its stretch target of £1.6m.
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Food group to be sold to Canadian giant

A food group which employs more than 8,000 people across 23 manufacturing sites is set to be sold by its private equity owner to Canadian group Sofina Foods.
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Business

Business confidence returns to pre-pandemic levels

Business confidence in Wales rose 14 points during March to 9 per cent, the first net positive reading since the onset of the coronavirus pandemic in March 2020, according to a new report.
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Trio of recruits at Geldards

Law firm Geldards has grown the corporate team at its head office in Cardiff with the appointment of three new solicitors.
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Restructure planned at photographic equipment retailer Jessops

Photographic equipment specialist Jessops has filed a notice of intention to appoint administrators as the retailer prepares to restructure.
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Property

Two businesses relocate with Development Bank and council backing

Two businesses have relocated to new premises at Parc Pensarn after securing backing from the Development Bank of Wales and Carmarthenshire Council.
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Construction company wins £4m school contract

A North Wales construction company has won a £4m contract to build a new primary school in Criccieth.
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Apprentice winner to open Mermaid Quay site

A deal has been agreed for The Apprentice winner Alana Spencer’s new By The Sea café concept to open at Mermaid Quay, the 150,000 sq ft mixed-use development on Cardiff Bay's waterfront.
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Manufacturing

UK commercial vehicle production drops by almost 50 per cent

UK commercial vehicle production declined by almost 50 per cent during February, according to new figures.
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Other News

Wales Top 300 Companies Marketing database - contact the region’s top decision makers

Member Exclusive News

Seven acquisitions for LXi REIT

LXi REIT has made seven separate long income acquisitions in the grocery sector, following its £125m capital raise earlier this month.
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