18,000 Northern businesses facing cashflow crisis, says R3
One in 20 businesses in the North of England – equivalent to 18,000 firms – are struggling to pay their debts when they fall due, according to the latest ‘zombie …
Lancashire entrepreneurs secure £750k for new venture
A company which has developed the next generation of liquid roofing systems has attracted £750,000 investment from The North West Fund for Venture Capital and Lancashire’s Rosebud Fund, both of …
Administration rules putting retail jobs at risk, says R3
Retail jobs are being placed at risk because of the current rules on the payment of rent in administrations, according to the insolvency trade body R3. The organisation is calling …
NW now UK’s second legal centre but firms feel the pinch
Nearly 300 legal firms in the North West at risk of failure in the next 12 months, according to research by R3, the insolvency trade body. The figures, compiled using …
Software training business secures £312k for growth
A company which makes online tutorials for multinational companies has received a £625,000 investment including funding from The North West Fund for Venture Capital, managed by Enterprise Ventures. AppLearn, which …
New waterproof “C-Clamp” encoder is versatile phased array tool
An adaptable device to quickly and easily encode manual phased array inspection has been launched by Phoenix Inspection Systems. The C-Clamp Encoder is compact and very simple to attach, requiring …
Hotel communications business secures £500k funding
A ‘management break-out’ team who set up their own business providing communications solutions for hotels have secured a £500,000 investment from the North West Fund for Venture Capital, managed by …
Fast-growing law firm secures Rosebud funding
A fast-growing Lancashire law firm has received a finance package from Rosebud Finance to support its continued expansion. Harrison Drury – which has offices in Preston, Garstang and Kendal – …
Former IFA boss secures £350k for new software business
An executive who has developed a new software package for Independent Financial Advisers (IFAs) has secured a £350,000 investment from The North West Fund for Venture Capital, managed by Enterprise …