4 Business Argus
Company sneaks in to top list of growers
CWMBRAN-BASED Mon Motors is one of five Welsh companies listed in the 10th annual Sunday Times Grant Thornton Top Track 250 league table which ranks Britain’s leading pri- vate mid-market growth companies. The five companies head-
quartered in Wales have all increased sales or profits by at least 10 per cent year- on-year, achieving com- bined sales of £1.1bn and employing more than 4,000 people. Other Welsh companies
listed included Port Talbot- based Sinclair Group, which has an outlet base in Gwent. Carmarthenshire-based
Tinopolis is a new entrant to the league table. It makes drama, sport and children’s programmes for broadcasters worldwide, including the BBC, and is behind television favourites such as Question Time. The companies in Wales
appear with businesses from around the UK, includ- ing Aston Martin, Barbour, Dr Martens, Jeyes, Nando’s, Pret A Manger, Vue Entertainment, Warburtons, and Yeo Valley.
Tuesday, October 14, 2014
Duo set up a cafe with a difference in Malpas
Matt Ellis and Ant Cook
TWO Newport men have set up a cafe with a differ- ence in the Malpas area of the city. Parc Pantry, in Larch
Grove, Malpas, has been open less than two months, but it is already making a name for itself in the area. Matt Ellis and Ant Cook
are the duo behind the pro- ject,which is more than just a cafe. Everything in the shop is
for sale – not just the cakes and coffee, but the tables and chairs. And they hope the space
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will be used by the commu- nity for events ranging from birthday parties to business meetings and workshops. Matt and Ant are both
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from Bettws and have knowneach other since nursery. They attended the same primary and secondary schools and they ended up studying the same course at what was then UWIC. The product design gradu-
ates then went their sepa- rate ways but joined up again recently with the plan of opening a business, which has turned into Parc Pantry. They are helping the fund the project through the
Kickstart scheme,which sees customers and other interested parties donat- ing a sum of money, starting from a couple of pounds. For that, they will get something back from the business be it a cup of coffee every day for a month or use of the building for an event. Ant said: “It took a good
few years working in a good few industries deciding there was a niche for us to do some- thing like this. “It was just finding out
what we wanted to do which took the time.” The duo looked at prem- ises in Newport city cen-
tre inwhich to base the business. Butwhile the rents
were affordable, the busi- ness rates were prohibi- tive and that iswhy the cafe has opened in Malpas. They haven’t ruled out opening a second branch of Parc Pantry in the city centre at some point, but they want to make sure the business has a good grounding before mak- ing further plans for it. Matt said:“We have
tried to keep it all really local – the tables were built in Newport, the metal legs are handmade here in Newport, the bread is made in
Cwmbran. “All this helps the local economy. “We said originally that
if you could buy it in the big supermarkets, we didn’t want it on our shelves.” Before opening, the
pair did a lot of work on social media building the brand and the awareness that something interest- ing was coming to Malpas. Since opening they are delighted with the way the community has wel- comed them. Matt said: “The response has been fantas- tic.”
Don’t let the ex get hold of your estate
FOLLOWINGthe coming into force of the Inheritance and Trustees Powers Act 2014 on October 1, people are being urged to make sure they have an up- to-date will in place. Paul Lindsey, associate at HardingEvans Solicitors, is warning people that if they don’t take the latest changes into account, their ex- spouse might be next in line to inherit their estates, ahead of their children. Paul’s comments coincide
with a national consumer campaign, being led by the LawSociety,which is aim- ing to flag up new rules brought in under the Act which govern howyour estate will be divided if you die without a valid will. If this happens and you
are separated, but not divorced, your estranged partner will inherit more than your children. If you do not have children, your partner or civil partner will inherit your entire estate.
Dying without a valid will
not only means your final wishesmay go unheeded, but it might leave a finan- cial and emotional mess for your loved ones. Paul said: “People often
put off writing a will but it is important to put one in placewhile you are healthy and capable. If you have a business, it is even more crucial and we urge people to use a qualified, insured solicitor because they are trained to spot and address
the issues that could lead to trouble later. “We all recognise that
legal issues can be a minefield and as such, consumers really should seek proper legal advice, rather than leaving their affairs in the hands of peoplewho are unquali- fied and unregulated. People wouldn’t do some- thing so recklesswhen it comes to their day-to-day business so I don’t know why they would take the
riskwhen it comes to who they would want to take over their business when they’re gone.” The LawSociety’s con- sumer campaign - ‘Use a professional. Use a solici- tor’ - supports this and encourages people to use a professional, regulated solicitorwhen making a will. This allows people to search a database of more than 140,000 solici- tors nationally by prac- tice area and geography.
For more on local business:
southwalesargus.co.uk/business
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