Midlands manufacturing invited to reach out to the Commonwealth and beyond

A major event on the eve of the Commonwealth Games will put Midlands manufacturing firmly in the spotlight.

The British Manufacturing Showcase event is being jointly supported by Greater Birmingham Chamber of Commerce and Black Country Chamber of Commerce.

It is being organised and hosted by national audit, tax, advisory and risk firm Crowe at the firm’s Midlands office in Rounds Green Road, Oldbury, on Wednesday, 27 July, from 08.00 until 12.00.

Companies and individuals who wish to take part are being invited to sign up as soon as possible with applications being considered on a first come, first served basis.

Johnathan Dudley, National Head of Manufacturing and Crowe’s Midlands Managing Partner, said: “This is a fantastic opportunity at a time when the eyes of the world are on Birmingham and the Midlands to showcase the best of British manufacturing to a global audience.”

The event also has the backing of the Department of International Trade (DiT) and UK Export Finance (UKEF) and officials will be on hand to highlight the way the government can help manufacturers push through to the global marketplace.

Dudley said: “All eyes are on Birmingham and the focus is on The Commonwealth, but this is also a golden opportunity to remind everyone across the globe of the innovation and expertise that UK manufacturing offers the world.

“The British Manufacturing Showcase, in conjunction with the Birmingham Commonwealth Chamber of Commerce, will be of huge interest to UK businesses looking to engage with existing exporters to share best practice on exporting and obtain guidance and support both from those businesses and government agencies too.”

Dudley said the British Manufacturing Showcase also provide those attending with a chance to tap into the expertise of Crowe’s internationally focused teams who have extensive expertise in cross-border transactions with access to Crowe Global’s network of more than 40,000 people across 200+ independent firms in 150 countries.

“The exporting door is ajar and we can help Midlands manufacturers push through and succeed on the global stage.”

Companies wishing to take part or to meet some of the finest manufacturers in the Midlands, can apply via British Manufacturing Showcase event form, or email nathan.sanghera@crowe.co.uk or call 0121 543 1900.

Crowe has devised a new Export Funding Flowchart, which provides valuable guidance on how to plot a course to global success and will be available in conjunction with The British Manufacturing Showcase from Wednesday 27 July.

Ends

Contacts:

  • Miriam Sherwood, Director, People Communications & Marketing, Crowe UK. Tel: (0)121 543 1900, sherwood@crowe.co.uk

Training group BCTG hails £515 million skills ‘war chest’ unveiled by West Midlands Mayor Andy Street

Leading West Midlands training provider BCTG has hailed the announcement of £515 million to boost skills in the region over the next three years as a “game-changer”.

West Midlands Mayor Andy Street used a visit to one of BCTG’s sites in West Bromwich to unveil the skills “war chest” to fund a broad range of training to assist local people into work and help employers recruit the skilled people they need.

Chris Luty, chairman of BCTG, which supports almost 10,000 young people and adults in training and apprenticeships each year, said: “This funding is a game-changer for skills and training in the West Midlands.

“As well as supporting the broad range of successful programmes already under way, it will enable us to find new ways to assist employers in recruiting the staff they need and help local people get the training to secure long-term jobs.”

Improving workforce skills has been a key target for Mr Street and the West Midlands Combined Authority, and he also revealed that more than 135,000 people in the region have gone through training to work in the past two years.

With 2.9 million people now in employment in the West Midlands, he said the region has a record employment rate of 75.9%.

“We have more people employed than before the pandemic,” said Mr Street.

“There are still challenging areas: in Wolverhampton and Sandwell youth unemployment is still high and more work needs to be done.

“But we have also organised a war chest of £515 million over three years to spend on skills development.”

He explained that the funding pulled together by the West Midlands Combined Authority (WMCA) is more than three times as much as the region had to spend on training over the previous three years.

Mr Street also praised the work the work of BCTG in spearheading the successful Sector-based Work Academy Programme (SWAP).

This provides short, two to six-week pre-employment courses funded by the WMCA, working closely with the Department for Work and Pensions, employers and a consortia of other training providers.

Mr Street spoke with employers, training organisations and trainees taking part in SWAP schemes across a range of sectors during his visit to BCTG’s The Apprentice Works centre on West Bromwich High Street on 14 July.

He also met with BCTG chairman Chris Luty and the organisation’s chief executive Sarah Matthews.

Since BCTG was chosen by WMCA to lead the SWAP programme in January, scores of people have undergone training that has led directly to job opportunities.

In one scheme, BCTG is working with banking sector recruitment agency Firstsource to prepare potential recruits for around 400 new bank call centre jobs in Birmingham.

Sarah Matthews said: “Banks including NatWest, Lloyds and RBS will be recruiting 400 people over the next four to six months.

“We are working with Firstsource and BMet College on tailored pre-employment training through SWAP.

“So far 90 people have enrolled on training courses and the first group to complete their training are due for their job interviews next week.”

She said a key to the success of the SWAP programme was the early work with employers, establishing what skills they needed from new recruits.

Ends (531 words)

For further information, please contact:

Chris Luty, Chairman,

BCTG Group, European Business Park, Taylors Lane, Oldbury, B69 2BN. Tel: 0121 544 6455

Prepared and issued by ASAP PR – mobile 07990 978257.

Notes for the editor:

The BCTG Group, based in Oldbury, has ten sites in Birmingham, the Black Country, Staffordshire and Newcastle-under-Lyme, and also includes Performance Through People, The Apprenticeship Works, BCTG Ltd, Eurosource Solutions and Further EPAO.

UK needs a Minister for Manufacturing to drive sector forward

The UK would benefit from a Minister for Manufacturing to recognise the strategic importance of this vital sector, according to the Head of Manufacturing at national, audit, tax, advisory and risk firm Crowe.

Johnathan Dudley, who is also Managing Partner of the firm’s Midlands office at the heart of UK manufacturing, said the post should be at senior Cabinet level to recognise the critical contribution manufacturing makes to the UK economy.

He said:  “A dedicated minister would be well placed to target the previously unsupported plight of manufacturers in terms of frightening energy costs, supply chain issues around spiralling costs and unavailability of certain raw materials.

“Working to create a strategy to support our manufacturing sector, to add value by solving the problems of our world, both today and in the future while meeting the Levelling Up and Regeneration objectives at the same time.

“What’s more, it would help to solve our transport issues and contribute to solving the energy crisis while delivering on our net zero commitments made at the COP summit, just last year.

The percentage of GDP controlled by the manufacturing sector is often billed as limited, usually between 10-12%, but he points out that this radiates into other sectors too.

He said: “For every OEM job, there are ten others in the supply chain,  and these well paid jobs must surely provide support in other sectors such as retail, real estate, business and professional services, agriculture and others maybe?

“As an island we are short on natural resources but have a wealth of talent and a reputation for high-value add.”

He said there is a recognised need for world beating innovation in energy generation, transport, efficient food production, carbon offset and other global issues that have not been solved yet.

“Why shouldn’t it be the UK that solves these problems?

He said that UK technology is responsible for arguably the best aero engines in the world, and Great Britain is leading in designing the best ‘next generation’ small nuclear reactors too.

“We have the best aircraft carrier design, and we still build “the best 4×4… by far” – according to the advertising.

“Other areas where our innovators lead include ground-breaking LED driver technology, and the best designs for consumer goods, from handbags and clothes design, to vacuum cleaners.

“We also produce the best diggers, soon to be powered by hydrogen internal combustion engines; world beating innovation, being conceived designed and produced right here, right now.

He points out that major infrastructural projects in the UK, already emerging from the ground, will require UK-based engineering and manufacturing capability and a secure supply chain to deliver results in a manner that still achieves net zero targets and within budget.

These include major projects such as HS2, Hinkley Point and the various regional rail and road improvement network developments.

Dudley said: “The Chancellor is basing our Covid recovery on an export and innovation-led economy.

“A Manufacturing Minister should arguably be a cabinet post, to be strategic and drive an agenda where we are not reliant on rogue nations for power or semi-conductors and for rolling stock.

“We support manufacturing businesses – take a look at our annual outlook report and insights to see how we can help you – https://www.crowe.com/uk/industries/manufacturing.”

Ends (359 words) 

Contacts:

  • Miriam Sherwood, Director, People Communications & Marketing, Crowe UK. Tel: (0)121 543 1900, sherwood@crowe.co.uk

Notes to Editors:

About us
Crowe is a national audit, tax, advisory and risk firm offering global reach and local expertise. We are an independent member of Crowe Global, one of the top 10 accounting networks in the world. With exceptional knowledge of the business environment, our professionals share one commitment, to deliver excellence.

We are trusted by thousands of clients for our specialist advice, our ability to make smart decisions and our readiness to provide lasting value. Our broad technical expertise and deep market knowledge means we are well placed to offer insight and pragmatic advice to all the organisations and individuals with whom we work. Close working relationships are at the heart of our effective service delivery.

For more information, visit: www.crowe.co.uk

Crowe industry recognition

  • UK Member of one of the top 10 accounting networks in the world (International Accounting Bulletin World Survey 2021)
  • Top charity auditor (Charity Financials Auditor Benchmarking and Charity Finance Audit Survey, 2009 – 2020)
  • Ranked 5th in the AIM auditors ranking by number of audits (AIM Advisers Rankings Guide, January 2022)
  • 9th largest audit firm in the UK (UK fee income of audit firms that audit PIEs – by fee income on audit, FRC Key Facts and Trends in the Accountancy Profession, Figure 33, July 2021)
  • Risk Consultancy of the Year 2021 for the second consecutive year (InsuranceERM) – Crowe was recognised to be at forefront of two key areas of focus for insurers in 2020: operational resilience; and environmental, social and governance (ESG) issues, including climate change.
  • Awarded Bronze for Accountancy Firm of the Year – Large (2020 Citywealth Magic Circle Awards)
  • Global Mobility Provider of the Year (Global Payroll Awards 2020)
  • Employment Tax Specialist of the Year (Global Payroll Awards 2019)

New chief executive and chairman announced at BCTG Group

Leading Midlands training group BCTG has announced two major changes to its senior executive management team.

Sarah Matthews, formerly the group’s operations manager, has been promoted to chief executive, and will have responsibility for BCTG Ltd, Eurosource, BCTG Skills Centre and The Apprenticeship Works.

Meanwhile Chris Luty, the former chief executive, has been appointed to a new role as group chairman.

Rob Colbourne will continue to be responsible for PTP as managing director, and Alan Phillips will continue as group finance director.

Ms Matthews, who has worked at BCTG for nearly 15 years, serving as operations manager since 2016, said: “I am thrilled to be taking on this new position.

“I look forward to working closely with the strong executive team we have here at BCTG to achieve even more success in the training and apprenticeship sectors.”

Mr Luty, who had previously served as chief executive at BCTG since 1993, said: “We have built a very effective senior management team in recent years, and Sarah was more than ready to take over the reins after proving her abilities as operations director.

“My move to group chairman will now allow me to focus on maximising the collective potential of the whole group offer across all six businesses, and the other directors on the executive team will give the group continued strength and consistency.”

The BCTG Group, based in Oldbury, now supports almost 10,000 young people and adults in training and apprenticeships each year across the whole Midlands region.

The group has ten sites in Birmingham, the Black Country, Staffordshire and Newcastle-under-Lyme, and also includes Performance Through People, The Apprenticeship Works, BCTG Ltd, Eurosource Solutions and Further EPAO.

Overall, the group offers 166 different types of apprenticeship, 84 different adult upskilling and reskilling courses and 27 pre-apprenticeship programmes for 16 to 18-year-olds.

These include everything from healthcare and early years care to construction, engineering, manufacturing and logistics, through to business skills in IT, management and team leading.

Ends (325 words)

For further information, please contact:

Chris Luty, Chairman,

BCTG Group, European Business Park, Taylors Lane, Oldbury, B69 2BN.

Tel: 0121 544 6455

Prepared and issued by ASAP PR – mobile 07990 978257.

Midlands training boss Rob Colbourne receives OBE in Queen’s Birthday Honours

Rob Colbourne, managing director of leading Midlands training provider Performance Through People, has been awarded an OBE in the Queen’s Birthday Honours.

Mr Colbourne has headed PTP Training, part of the BCTG Group, for nearly 18 years, and was behind the launch of The Ladder campaign that has created more than 4,000 apprenticeships across the region since 2018.

He has received the honour in recognition of his services to the training and apprenticeship sector.

Mr Colbourne, aged 52, who is married with three children and lives in Walsall, said: “I was genuinely surprised but very honoured when I received a letter telling me I was to receive an OBE.

“I have never sought such an award, but am nevertheless very proud, especially because of the emotive response from my parents.

“But most of all, I was very proud of all my colleagues at PTP who have worked so hard over the years to enhance the provision of training and apprenticeships across the Midlands regions.

“I may be picking up the award, but this OBE really is a reflection of teamwork both here at PTP and across the wider BCTG Group.”

Before his role at PTP, Mr Colbourne was the training manager at Walsall Chambers of Commerce for 13 years and was previously the training manager for the Debenhams group.

Over many years, Mr Colbourne has chaired a number of boards such as the Association of Employment and Learning Providers in the West Midlands, the Staffordshire Provider Network and more recently the Greater Birmingham LEP Education & Skills Board.

He has also represented training providers in groups such as Wordskills, Ofsted and the government’s National Provider Panel.

Chris Luty, chairman of the BCTG Group, which supports almost 10,000 young people and adults each year, said: “This is a great achievement for Rob personally and is very much deserved.

“He has worked tirelessly for the sector for more than 25 years, and his dedicated leadership of PTP Training since 2004 has been outstanding.

“He is passionate about workplace training, with two of his own children having completed apprenticeships, choosing this over academic routes.

“One of the things that’s always impressed me about Rob has been his determination to provide a level playing field for all providers, whether they are in further education, the community or an independent organisation.

“We feel very lucky and proud here at BCTG Group to have such an esteemed figure in the training sector working for us.”

Ends (409 words)

For further information, please contact: 

Chris Luty, Chairman,

BCTG Group, European Business Park, Taylors Lane, Oldbury, B69 2BN. Tel: 0121 544 6455

Prepared and issued by ASAP PR – mobile 07990 978257.

Fast growing Likewise has foot to the floor with sales growth of 28%

Soaring sales at fast growing UK floor covering distributor Likewise Group plc have seen the business move into profitability and the announcement of the AIM-listed company’s first dividend*.

Sales were up by 28% in Likewise’s final results for the year ended 31 December 2021, from £47.3 million in 2020 to £60.5 million.

Chief executive Tony Brewer said: “We are very pleased to announce we have delivered our first profit in the 2021 financial year, following the initial three years of investment to establish a meaningful floor covering distribution business in the UK.”

During the last 18 months Likewise has made significant progress including developing a profitable business, successfully floating on AIM during August 2021 and the important strategic acquisitions of Valley Wholesale Carpets (2004) Ltd in January 2022, and  Delta Carpets (Holdings) Ltd in April 2022.

Net assets almost doubled from £11.6 million in 2020 to £22.4 million, and have since grown to £38.7 million, as at 30 April 2022, following the acquisitions of Valley Wholesale Carpets and Delta Carpets.

In addition to the increasing profitability, Likewise’s balance sheet continues to strengthen with a significant freehold property portfolio of circa £20 million and net cash of £3.0 million, as at 31 December 2021.

Mr Brewer also reported a positive operational and trading performance in 2022 so far to date. Distribution capability has doubled from circa 8 million cubic feet in 2020, to circa 15 million cubic feet.

He said: “Likewise has achieved a good start to the year with a continuation of the positive sales trend and while being aware of inflationary pressures and general consumer sentiment, is currently on target to achieve its objectives for the year.

“We would like to thank all of our suppliers and customers for their support and our management and staff for their huge contribution to the business since 2018 which has seen a massive change from the formative period.

“Likewise is extremely optimistic with regards to the medium and long term given the business and strong foundations that have been established to date.”

But he sounded a word of caution, noting that the economic impacts of COVID-19 and now the war in Ukraine had increased cost prices, particularly in respect to energy, raw materials and incoming freight costs. Accordingly, Likewise has implemented a number of selling price increases, the most recent on 1 May 2022.

Going forward, sales and marketing activities are supported by the group’s investment in the distribution infrastructure and material handling capacity. This includes the new Distribution Centre in Glasgow, due to be operational in the first quarter of 2023, the recent move to an enlarged facility in Newcastle and the Birmingham Distribution Hub becoming operational which will also release capacity in the Leeds Distribution Hub.

The Newbury Logistics Centre is now operational to service the South of England.

Within Valley, work has commenced to extend the freehold Distribution Centre in Derby which will provide more storage capability in addition to increased cutting capacity for carpet and residential vinyl.

The currently unutilised freehold Distribution Centre in Newport, South Wales, will commence trading in the third quarter of 2022.

Delta, acquired in April 2022, originally based in Leeds, has now been relocated to the Likewise Distribution Hub in Leeds and is now fully operational through the Likewise Logistics Network including the Distribution Hub in Birmingham.

Mr Brewer added that with the distribution capacity established to date, combined with the enhancements to become operational during the remainder of 2022, the group has sufficient storage and processing capacity to exceed its medium-term aspirations.

“With the infrastructure established and further investment in sales and marketing, the board considers that the group has the management and teams in place to out-perform market conditions and increase market share.”

Ends (622 words)

*The dividend will be paid on 8 July 2022 to shareholders on the register on 6 June 2022. The Company’s ordinary shares will become ex-dividend on 1 June 2022.

Issued on behalf of Likewise Group plc, Unit 4, Radial Park, Birmingham Business Park, Solihull Parkway, Birmingham B37 7YN

For further information, please contact:

Andy Skinner, at ASAP PR – 07990 978257

Editors’ Notes

Likewise Group plc is a distributor of floorcoverings and mattings established with the intention of consolidating the domestic and commercial floorcoverings markets to become one of the UK’s largest distributors in this sector. The UK floor and wall covering market is worth circa £3.2 billion and is expected to increase at a compound annual growth rate of 2.1% from 2019 to 2024 to reach £3.5 billion, split between the residential, commercial, public and industrial markets. Likewise Group’s strategy is to focus on the residential and commercial sectors.

Social media

@LikewisePlc

linkedin.com/company/79711376/

@likewise_group_plc

facebook.com/Likewise-Group-PLC-109865531380022

Crowe supports leading European customs broker in its acquisition of two UK businesses

The corporate finance team in the Midlands office of national audit, tax, advisory and risk firm Crowe has advised a pan-European business that supports exporters and importers on the acquisition of two UK businesses.

Netherlands-based Customs Support Group (CSG) first expanded its operations into the UK with the acquisition of UK Customs Solutions back in October 2021.

Now CSG has also completed the acquisition of two further UK businesses this May: Osborn Customs Services, the Rochester-based customs clearance experts; and the Dover export agents KSI Portlink. The deal values have not been disclosed.Crowe’s corporate finance team was led by partner Andy Kay and director Chasz Coulsting, supported by colleagues Phoebe Turner, Jason Daft and Nick Martin.

Adam McGiveron and Emma Bryant from law firm Pennington Manches Cooper provided legal support to CSG.

Andy Kay said: “Crowe acts for CSG internationally and our colleagues in France, Italy and Ireland have also been advising on EU deals.“The Midlands corporate finance team has been instrumental in assisting CSG with the recent acquisition of two UK businesses and provided financial due diligence and transaction support services on both deals.

“With international trade being such a key component of growth for both EU and non-EU businesses, the skills and expertise of CSG are crucial in helping to keep trade flowing smoothly, in both directions.”

Sebastian Ootjers, mergers & acquisitions director of CSG, said: “We are pleased with the excellent support from Crowe’s corporate finance Team, as they provided us with vital insights needed to realise these acquisitions. We look forward to working with Andy and his team again, as we continue to build our presence in the UK.”

Ends (281 words)

For further information, please contact

  • Miriam Sherwood, Director, People Communications & Marketing, Crowe UK. Tel: (0)121 543 1900, sherwood@crowe.co.uk

Notes to Editors:

About us
Crowe is a national audit, tax, advisory and risk firm offering global reach and local expertise. We are an independent member of Crowe Global, one of the top 10 accounting networks in the world. With exceptional knowledge of the business environment, our professionals share one commitment, to deliver excellence.

We are trusted by thousands of clients for our specialist advice, our ability to make smart decisions and our readiness to provide lasting value. Our broad technical expertise and deep market knowledge means we are well placed to offer insight and pragmatic advice to all the organisations and individuals with whom we work. Close working relationships are at the heart of our effective service delivery.

For more information, visit: www.crowe.co.uk

Crowe industry recognition

  • UK Member of one of the top 10 accounting networks in the world (International Accounting Bulletin World Survey 2021)
  • Top charity auditor (Charity Financials Auditor Benchmarking and Charity Finance Audit Survey, 2009 – 2020)
  • Ranked 5th in the AIM auditors ranking by number of audits (AIM Advisers Rankings Guide, January 2022)
  • 9th largest audit firm in the UK (UK fee income of audit firms that audit PIEs – by fee income on audit, FRC Key Facts and Trends in the Accountancy Profession, Figure 33, July 2021)
  • Risk Consultancy of the Year 2021 for the second consecutive year (InsuranceERM) – Crowe was recognised to be at forefront of two key areas of focus for insurers in 2020: operational resilience; and environmental, social and governance (ESG) issues, including climate change.
  • Awarded Bronze for Accountancy Firm of the Year – Large (2020 Citywealth Magic Circle Awards)
  • Global Mobility Provider of the Year (Global Payroll Awards 2020)
  • Employment Tax Specialist of the Year (Global Payroll Awards 2019)

Young man overcomes shyness and anxiety to find job, thanks to BCTG’s Talent Match programme

A young man who struggled with acute shyness and anxiety throughout secondary school and college is now blossoming in his first job, thanks to Midland training group BCTG.

Owen Clutterbuck had completed a BTEC in film and media at college with the aim of turning it into a career, but a series of unsuccessful job applications only increased his anxiety and low confidence.

But in November last year he signed up to the Talent Match programme that BCTG runs in Sandwell and he has now landed a Kickstart position in digital marketing with Global Trade Connections in Birmingham.

Owen, aged 21, from Oldbury, said: “I suffered with anxiety during high school and college.

“I have always been really shy and found it difficult to meet new people. Meeting new friends was not that easy for me. I’m still not comfortable making eye contact with people, it’s something I still struggle with.”

Owen attended Ormiston Sandwell Community Academy in Oldbury before leaving in 2016 for his two-year BTEC course at Halesowen College.

He explained: “I did film studies at school and found I enjoyed it so I wanted to proceed further in that career.

“I took a break for a bit after my course because I felt burnt out from college, but then started applying for work.

“I applied for a few jobs, including one as a runner on a film set, but didn’t get anything back, which lowered my confidence a bit.

“I’m not that good with meeting new people so it didn’t really go that well trying to find a job by myself. That’s why I needed help.”

Fortunately, Owen, who was briefly on Universal Credit, was referred by his local job centre to the Talent Match programme.

Owen added: “I thought it would help me out because I wasn’t really good at looking for work by myself. It was the push forward I needed to find a job.

“It was difficult adjusting and meeting new people but I found it got better as time went on.

“It’s also helped me with my confidence and my social and communication skills.”

Owen, who said he enjoyed working on social media and a new podcast club during the Talent Match programme, began his new job in March.

He currently works 25 hours a week but hopes to make it full-time in the future.

Shane Wedderburn, BCTG’s Talent Match coordinator at the Sandwell hub, said: “It has been a pleasure watching Owen flourish.

“He came to us with severe anxiety but by working with him and offering him guidance and intensive mentoring support his confidence quickly grew and his anxiety reduced.

“We were delighted to help find him a job and look forward to his continued success in the future.”

BCTG delivers the Talent Match programme across Sandwell targeting out-of-work 18 to 29-year-olds from its base at 33 High Street in West Bromwich. They can be contacted at 0121 544 6455 (Option 4).

Ends (491 words)

For further information, please contact:

Chris Luty, Chief Executive Officer,

BCTG Group, European Business Park, Taylors Lane, Oldbury, B69 2BN. Tel: 0121 544 6455

Prepared and issued by Andy Skinner of ASAP PR – mobile 07990 978257.

Likewise acquires Leeds floor coverings business as latest step in expansion programme

Likewise Group plc, the fast growing UK floor coverings distributor, has made another acquisition on its expansion trail.

Its subsidiary, Likewise Floors Ltd, has acquired Delta Carpets (Holdings) Ltd and its wholly-owned subsidiary Delta Carpets Ltd (Delta) for a total consideration of £3 million.

Delta, based in Leeds, is a distributor of carpets, residential vinyl, laminate, luxury vinyl tile and flooring accessories to independent flooring retailers in the North of England, Midlands and South Wales.

In the financial year ended 31 December 2021, Delta delivered sales revenue of £6.5 million and profit before tax of £0.4 million. Net assets acquired are approximately £1.1 million and are subject to a completion accounts mechanism as at 31 March 2022.

Tony Brewer, chief executive of Birmingham-based Likewise, said: “The acquisition of Delta further develops the geographical presence and customer base of Likewise.

“The increased capacity created by the new Distribution Hub in Birmingham releases capacity in Leeds to enable the logistics capability to integrate Delta and provide an enhanced service to customers.

“Many thanks to the Delta directors and shareholders; Graham, Tim, Stephen and Stuart for the manner in which the acquisition has been conducted and best wishes for the future. Furthermore, we welcome the Delta team within the Likewise structure.

“We will provide an update on current trading next Monday 4 April 2022.”

Over the next few months Delta will be relocated to the Likewise Distribution Centre in Morley, Leeds. Delta will continue to operate as a separate business under the Delta trade brand but share Likewise Group’s logistics capacity.

All of the Delta employees will be offered continuity of employment and the opportunity to transfer to Likewise. For sales and marketing, Delta will remain as an autonomous business in the Likewise structure and logistics will be integrated into the Likewise Distribution Hub.

The four Delta shareholders and directors will assist in this transition for between one and three months following completion.

Total consideration is £3 million, including £1 million of cash within Delta, £1.5 million payable in cash on completion plus 0.5 million Likewise Shares will be issued with an underpinned value of £0.5.

Application has also been made for 500,000 ordinary shares of £0.01 each to be admitted to trading on AIM, with dealings expected to commence at 8am. on 4 April 2022.

Ends (382 words)

Issued on behalf of Likewise Group plc, Unit 4, Radial Park, Birmingham Business Park, Solihull Parkway, Birmingham B37 7YN

For further information, please contact:

Andy Skinner, at ASAP PR – 07990 978257

Editors’ Notes 

Likewise Group plc is a distributor of floorcoverings and mattings established with the intention of consolidating the domestic and commercial floorcoverings markets to become one of the UK’s largest distributors in this sector. The UK floor and wall covering market is worth circa £3.2 billion and is expected to increase at a compound annual growth rate of 2.1% from 2019 to 2024 to reach £3.5 billion, split between the residential, commercial, public and industrial markets. Likewise Group’s strategy is to focus on the residential and commercial sectors.

Social media

@LikewisePlc

linkedin.com/company/79711376/

@likewise_group_plc

facebook.com/Likewise-Group-PLC-109865531380022

 

Last chance for employers to claim £3,000 apprenticeship grants before end-of-month deadline

Top Midlands training provider Performance Through People (PTP) has warned employers to act before the end of March to secure £3,000 grants for hiring new apprentices.

PTP, part of the BCTG group, is urging employers to start new apprenticeships before the extended deadline of 31 March so they do not miss out on the incentive scheme launched by Chancellor Rishi Sunak last year as part of his £500 million jobs support package.

PTP is also reminding firms that have already taken on a new apprentice between 1 October 2021 and 31 January 2022 must apply for the £3,000 payment before the deadline or they may not qualify.

Gill Durkin, business executive at PTP, said: “We are reminding everyone that March is the deadline for employers to claim their £3,000 incentive for any apprenticeship start that was employed between 1 October 2021 and 31 January 2022.

“It’s a great scheme as anyone who has been signed on to an apprenticeship programme can be claimed for before 31 March 2022, but once that deadline is gone the grants will be difficult to access.

“Remember, these £3,000 grants are for every single apprentice signed up, and they can be related to new trainees of any age, working for any level and at any standard, so they could add up to some major funding for organisations with several apprentices.”

PTP is a key partner in the hugely successful Ladder programmes in the Black Country, Staffordshire and Greater Birmingham, encouraging more companies to increase their involvement in apprenticeship schemes.

Ms Durkin explained that PTP was already dealing with a surge of more than 70 employers’ applications for the £3,000 grants, and that recently three claims had come in on the same morning.

She added: “With less than three weeks to go, employers should act now and we are only too happy to support businesses in any way that we can.”

For information on apprenticeships and accessing the incentive scheme, contact PTP Training by emailing skills@ptp-training.co.uk or telephoning 03332 408302.

Ends (334 words)

For further information, please contact:

Gill Durkin, Business Executive

Phone: 01543 460050  Mobile: 07734 814905

Email: gill@ptp-training.co.uk

www.ptp-training.co.uk

Prepared and issued by ASAP PR – 07990 978257.

Note to editors:

PTP Training Ltd is part of the BCTG Group, a West Midlands-based training organisation which supports almost 10,000 young people and adults each year.

The group has ten sites in Birmingham, the Black Country, Staffordshire and Newcastle-under-Lyme, and also includes The Apprenticeship Works, BCTG Ltd, Eurosource Solutions and Further Training.

Overall, the group offers 166 different types of apprenticeship, 84 different adult upskilling and reskilling courses and 27 pre-apprenticeship programmes for 16 to 18-year-olds. These include everything from healthcare and early years care to construction, engineering, manufacturing and logistics, through to business skills in IT, management and team leading.