Business advisory firm Quantuma has completed a pre-pack administration sale of Atlas Worcester Warriors Rugby Club, securing the future of the club and protecting more than 60 jobs. Quantuma MDs Brian Burke and Andrew Watling were appointed as joint administrators of Atlas on 24 April and completed the sale of its business and assets shortly afterwards to Junction 6 Limited. Source ..read more

A Coventry plumbing and heating company is planning future growth following a move to new premises in the city. Nu-Age Heating & Interiors has relocated from its former base in Earlsdon to a 1,041 sq ft unit at Kingswood Close Industrial Estate in Holbrooks. The company was helped in its move to the city council-owned property by Holt Commercial. This latest deal is part of a... Source ..read more

The Key Safe Company, a provider of key storage products based just outside Worcester, is looking to grab attention at a major Midlands trade show They’re set to exhibit the new ark Tamo range during The Security Show at the NEC near Birmingham from 30 April to 2 May. As well as offering a platform for British businesses in the trade, the event will also stage the inaugural Security & Source ..read more

Deazy, a Bristol tech startup which connects clients with vetted dev teams, has named Marko Ivanovski as its new CTO. Marko has almost 20 years of B2B software experience, working in the UK, Australian and New Zealand markets across industries including financial services, utilities, and health. In his new role, Marko will be tasked with supporting Deazy’s ongoing targeting of the... Source ..read more

SMEs developing AI solutions could receive a share of £7 million as government-backed UK Research and Innovation (UKRI) launches two new competitions. The first is backed by £5 million in funding and will work as a feasibility study for a range of solutions which address business challenges faced by the industry, enabling them to take advantage of AI’s transformative opportunities. Source ..read more

Lucy Group, an Oxfordshire business specialising in power distribution, smart lighting and real estate, has posted record results for the year ended 31 December 2023. Turnover at the firm grew by 15 per cent to £359 million, while profit before tax increased by 69 per cent to £59 million. The group’s electrical businesses saw growth thanks to an improved product mix and increased... Source ..read more

Thame-based equipment supplier Critical Power Supplies (CPS) has expanded its team with three new senior members of staff amid growing national demand for backup power. Ian Bitterlin joins as non-executive director, bringing 35 years’ experience in data centre power and cooling to the firm. He’s held several senior positions at major original equipment manufacturers... Source ..read more

South East Angels, a group of high net worth individuals based in Brighton, has invested in Blue Skies Space – a startup looking to transform the way in which scientists study the universe. The London business provides a data access model open to all scientists around the world via affordable annual memberships. Blue Skies has already brought aboard institutions across eleven countries... Source ..read more

Oxford continues to see good demand for offices and laboratories, reflecting the diversity of the city’s science and tech cluster. But a lack of supply of Grade A space could send rents spiralling, says Mike Watson, a partner at property consultancy Vail Williams. “A lot of the growth in the Oxford office market has been driven by the lack of supply of Grade A office or laboratory stock... Source ..read more

PadelStars, which runs tennis and padel centres across the South, has secured investment from Epsom-based golf and leisure operator Dwellcourt Group. Dwellcourt has now taken a ‘significant stake’ in the Hampshire company, which recently opened its first padel facility in Reading. It also has plans for further centres in Southampton, Bracknell, St Albans, Bournemouth, Folkestone... Source ..read more