Business Breakfast: Harrogate beauty brand raises £52,000 for hair charity

Business Breakfast is sponsored by Harrogate law firm Truth Legal.

A Harrogate-based hair and beauty brand has reached a £50,000 fundraiser target for The Little Princess Trust.

Cloud Nine started fundraising for the charity, which provides free, real hair wigs and support to children and their families through childhood hair loss, back in September.

The company launched a limited edition “Royal Blue” collection as part of its partnership with the charity to help raise funds.

Now, Cloud Nine has hit its target and raised £52,442.

In addition to raising £50,000, the company has also generated hair donations of over 74 inches of hair for the charity.

Martin Rae, CEO at Cloud Nine, said: 

“We have sold out of our Royal Blue Collection in the UK and Australia, which has been very popular. It is fantastic to know that we have raised this amount of money for such an important cause.

“The team are already arranging other events to raise more for The Little Princess Trust, including The Yorkshire Three Peaks Challenge.”

Phil Brace, CEO at The Little Princess Trust, said: 

“We are so grateful to Cloud Nine for their incredible support. The money raised will help the charity provide free wigs to children and young people that really need them.”

Read more:

Harrogate rental company reports improved interim results

A Harrogate-based equipment rental company has announced improved profits as part of its interim results.

In the six months up to September 2022, Vp reported revenues of £186.5 million compared with £176.1 million on the same period last year.

The company, which is based at Central House on Beckwith Knowle, also announced profit before tax, amortisation and exceptional items increased by 6% to £21.5 million.

Vp said the results reflected “a period of continued recovery” and was a result of “sustained demand across the group’s business units”.

Jeremy Pilkington, Chairman of Vp plc, said: 

“I am pleased to report a solid set of results that reflect a period of continuing recovery and which demonstrate the enduring strength of our business and the maintenance of our industry leading returns. 

“Our businesses have continued to make good progress in their engagement with customers and supply chain partners to deliver sustainable and innovative fleet solutions as we collectively strive to reduce emissions. 

“The period under review has seen continued inflationary pressure on fleet capital costs, transport, fuel, wages, utilities and interest costs, but we have largely mitigated these with agreed price increases combined with a diligent focus on efficiencies within our business. We expect these actions to remain a priority for the foreseeable future. 

“Notwithstanding these challenges, we remain alert to quality growth opportunities whether organic or via acquisitions and we remain confident of delivering a full year outcome in line with the Board’s expectations.”

Business Breakfast: Knaresborough businesses to be recognised at awards event

Business Breakfast is sponsored by Harrogate law firm Truth Legal. 

A new awards ceremony is set to take place in Knaresborough this weekend to recognise the town’s businesses.

About 130 guests will attend Knaresborough Business Awards at Hopewell Farm on Saturday.

Set up by the Knaresborough Business Collective, the ceremony is designed to celebrate the different businesses in the town.

Award categories include favourite place to eat and drink, favourite retailer, favourite female and male led businesses and favourite long standing business.

Natalie Horner, of the Knaresborough Business Collective, said:

“We are so excited about the event. It will be a welcome event to Knaresborough and a great way for business owners to socialise and get to know one another too.

“Hopefully we can run it every year.”

Read more:

Harrogate rental company concludes sale process

A Harrogate-based equipment rental company has concluded a formal sale process after finding no satisfactory buyers.

Vp, which has its headquarters at Central House on Beckwith Knowle, launched a formal sale of the company earlier this year.

The decision followed the company’s controlling shareholder, Akers P Investment Company, a company which is connected to Vp chairman Jeremy Pilkington, indicating its desire to explore opportunities and dispose of its 50.26% shareholding.

However, in an announcement yesterday, Vp said its board had voted to conclude the sales process after finding that none of the proposals “would satisfactorily meet the interests of all stakeholders”.

Ackers P Investment Company added that it no longer had any intention of selling its shares and “remain committed to Vp”.

Mr Pilkington said:

“In the original FSP announcement I commented that Vp’s controlling shareholder, a company connected to me, had decided that it wished to diversify its investments.

“Following a review conducted with our advisers, we, as a board unanimously concluded that it would be in the best interests of all the company’s stakeholders to launch the FSP. The process was focused on identifying the right owner for the business and whilst we were pleased with the level of interest shown, the FSP did not lead to the identification of a suitable new owner.

“I am pleased that Vp’s controlling shareholder Ackers P Investment Company Limited, a company connected to me, has confirmed its ongoing commitment to Vp following the conclusion of this process.”