Tuesday, September 17,2013


BusinessArgus In brief...


Mortgage rangewider MONMOUTHSHIRE


Building Society has extended its range of 95 per cent mortgages to include new build proper- ties.


Society chief executive Andrew Lewis said: “It reaffirmsthe supportthe society is giving regionally to both first time buyers and house builders.” The mutual society,


which has its head office in John Frost Square, Newport, recently announced another excel- lent set of annual results, inwhich its assets grew to arecord £885m, up from £819m the previous year. In the 12 months to April


30, 2013, it experienced 8.1 per cent growth,while profit after tax reached £3.1m.


From left,Andrew Parker,relationship directoratNatWest,and Paul Fox, of FoxMovingand Storage


Bank helps removals firmbuy anew unit


FOXMoving&Storage has worked with NatWest to secure fundingtobuy anddevelop a newSouthamptonwarehouse unit,enablingthe Cwmbran- headquartered firm to strengthen its foothold in the SouthWest. The firm wasoriginally


foundedbyRoy Foxin1971, andRoy’s son, Paul,has been managingdirectorfor nearly 20 years. Thefirm hasgrown to sevenbranches across Englandand SouthWales – includingsitesinCardiff and Newport –employing150 peo- ple. Paul’s son, Daniel,isnow abranchmanager at Cwmbran. With more than 50 percent of its businessover- seas,Pauland his team man- ageanetwork of international partnerstoprovide aone-stop removaland storagepackage


By Jo Barnes 01633 777240 jba@gwent-wales.co.uk Twitter@SWABusiness


forcustomers.Asspecialists in thecomplexbusinessof removals,Fox hasset itself apartfromcompetition with its bespokeclient offering. The challenges broughtonbythe recession required astrong leadership team to change the businessstrategyand diversi- fy into specialistareassuchas shipping.Havingacquired an international movingbusiness in Southamptonin2009, Paul andhis team hadrecognised thatthe rented site waslimit- ingfurther expansion,asit wastoo small andhindered development of thebusiness. Workingwith Andrew Parker,


relationship directorat NatWest’s Cardiff office,Fox Moving&Storage secured the seven-figure loan needed to purchase thefreehold and develop thesite.The pur- chaseand upgradeofthe site representsa£1m investment. Theteam of tenin Southamptonwillexpandbya further six this year alone. Paul Foxsaid: “Fundamental


to Fox’s businessmodel is acquiringand developingnew freehold premises;sothis will be ourfocuswith the Southamptonsite. Throughout this process Andrew hasbeen very responsive andknowl- edgeable. We’vebeenvery impressedwith theway he has consistently understood our business’ strategyand shown real expertiseinsupporting this.”


Expansion is very much on


FoxMoving&Storage’s agen- da with Bristolasanimmedi- atenextstepfor thefirm. Movingbackintothe impor- tant Londonmarket will also be key. With three generations involved in thefirm,Paulis workingtowards asustained succession plan forthe firm. Andrew Parker said:“The


teamatFox hasshown that commitment can help abusi- nessovercome eventhe toughest of times.The firm were flexible in theirresponse to therecession,prepared to invest andidentify newmarket opportunities thatreflected market trends. The Southamptonsiteverymuch consolidatestheir position as amarket leader in theSouth West whilstalso strengthening theirlocal offering.”


Enzygoopens Monmouth office


ENZYGO,one of the UK’s leading multi-disciplinary environmental consultan- cies,has openedanew branch office in Monmouth as it expands throughout the UKand to help it grow fur- ther within theWelsh region. Enzygo has quickly grown


from athree-man startupin 2008 into athriving consul- tancyhaving alreadyestab- lished twoother offices,in Bristol and Sheffield, an


annual turnoverinexcess of £1.5m and ateam approach- ing 20 senior professionals. With disciplines covering waste planning, permitting, flood risk, renewables,noise, ecology,geotechnical and contaminated land, the com- pany is looking to expand its team further in 2013 and beyond. The new office will be headed up by Chris Formaggia, Enzygo’sdirec- tor of ecology,and will serve


an alreadysizeable list of Welsh-based clients.Among its recent projects,Enzygo was responsible for obtain- ing abat licencewhich allowedMonmouthshire Council to carry out routine maintenance work on the historic MonnowBridge in Monmouth. Having already confirmed the presence of bats under the bridge in 2012, Enzygo worked closely with the contractors to ensure the


roost was not disturbed while the work was carried out. In another significant project, Enzygo,bycarrying out environmental impact assessments,obtained the permit to enable Swansea Drydocks to become aship breaking yard. Enzygo is also currently carrying out flood modelling in Denbigh to look at the feasibility of redeveloping aformer mill site to residential use.


FollowusonTwitter:@SWABusiness


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News Flash! We Gothe ExtraMile


Have yougot asupplierthat Goes theExtra Mile?


See howwehelpour clientsbelow


Aclientinneedofhelp at theCeltic ManorWelshOpen. Withinone hour we mobiliseda largeteam of cleaning stafftodeliver afantasticservice at theevent.


Ahighprofile seriouscrime in Gwentrequireda quick thinking innovative companytohelp out. We were there!


Flytipping, needles and sharps are removed daily by ourteam of environmental officers from allareasof Newport on adaily basis


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