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Reporting Accounts - news and updates

Reporting Accounts - news and updates

By Adrian Lawrence
Updates from the team at the Business Intelligence leader Reporting Accounts, we bring you the latest news and updates from the UK's business community. We track the filed accounts covering more than 4.8 million UK companies and are rapidly buiding a free to use database of that data.

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Reporting Accounts adds new advanced search feature
In today's podcast Adrian Lawrence the CEO of Reporting Accounts talks about a newly added feature to the Reporting Accounts site, which allows users to performed advanced database searches.  Advanced Reporting Accounts search can be find here: https://www.reportingaccounts.com/advanced-search  Using this new feature it is possible for example to query our 4.8 million UK company database by location and by sic code and then review all results that match your criteria.  If you are looking for free marketing information or to find new suppliers this is a great way to use our database.  There are many other uses for this business intelligence data and we are working on adding a user area where these search results can be saved and downloaded in excel format. To learn more about Reporting Accounts and our exciting range of free and pay as you go features visit our website today.
04:03
February 24, 2021
Heathrow hopes to land business rates relief
In today's episode Adrian Lawrence our resident financial expert talks about Heathrow airport which has been in news todays as it is struggling under the burden of its £20billion of debts.  Passenger numbers are down to 22million in 2020 from 80million 2019, levels not seen since the 1970's. Heathrow is calling on the chancellor to grant them business rates relieft in next week's budget and to extend the furlough scheme, it remains to be seen if the chancellor will be supportive of their rates request, though it appears certain furlough will be extended for longer in some form at least. The airport group is also threathening the Civil Aviation Authority with legal action if it doesn't agree to it's request to increase landing fees something that will be strongly resisted by airlines. To learn more about Reporting Accounts and how we hold information and insights covering more than 4.8 million UK companies visit our website at https://www.reportingaccounts.com
04:14
February 24, 2021
Puregym Ltd loss running at £500K per day
In today's podcast Adrian Lawrence our resident financial expert talks of a news story in today's press that Pure Gym Ltd are loosing £500K per day as a result of the lockdowns.  They are not collecting gym subscriptions and they have staff furloughed, but unlike their competitors they run a lean model with gyms open 24 hours supported by remote monitoring and with limited staff numbers. It is a very challenging time for the company given their levels of losses, and the news that the UK is gradually returning to normal will be very welcome news indeed for them. To learn more about Reporting Accounts and how we hold information and insights into more than 4.8 million UK companies including pure gym group Ltd https://www.reportingaccounts.com/uk/06690189/pure-gym-limited visit our website.
02:39
February 23, 2021
UK Lockdown finally ending soon
In today's episode our resident financial expert Adrian Lawrence talks about the long anticipated news today that the UK will finally begin its exit from it's third lockdown.  Schools will re-open on the 8th March and non-essential retail including hairdressers and beauty salons on the 12th April. The economy is expected to rebound strongly in the second half of the year and may regain all its lost ground by year end.  There remains uncertainty around international travel as the UK is ahead of much of the rest of world in terms of vaccinations. This is a very welcome news story as a large part of the UK economy, leisure, retail and hospitality has been shut down for a considerable part of the last 12 months. To learn more about Reporting Accounts and how we hold information and insights into more than 4.8 million UK companies visit our website at https://www.reportingaccounts.com
03:47
February 22, 2021
John Lewis announces store closures
In today's episode Adrian Lawrence talks about John Lewis and their announcement of a further store closure programme.  John Lewis is a well respected high street brand in the UK, and unusually it is owned by it's members rather than shareholders.   Last year it announced losses of £635m and that means it has won't pay its staff a bonus for the first time since 1953.  It is planning to close up to 8 of its remaining 42 store, this will be a significant blow to its loyal customers as John Lewis is often the anchor store in many town centre locations. It is yet another sign of how damaging the pandemic and the three lockdowns are to the UK economy.  There is a positive side to the announcement in that John Lewis expects up to 70% of its sales to be through its digital channel by 2025, this also highlights how retailers are increasingly focussing on their online sales channels. To learn more about Reporting Accounts and how we hold insights and information into more than 4.8 million UK companies visit our website which can be found at https://www.reportingaccounts.com
02:50
February 21, 2021
Move to online sales may be permanent
In today's episode Adrian Lawrence talks about how companies with warehouses they expanded to cope with the surge of online sales during the UK's three lockdowns are now planning to retain them.  This is a long term trend which appears to have been accelerated by the pandemic by between three and five years.  If this proves to be the case then it means the traditional retail market will have a tough time when the UK returns from lockdown. It is likely that niche retailers and those with strong digital offerings will succeed whilst those with neither attribute will struggle. To learn more about Reporting Accounts and how we hold information and insights covering more than 4.8 million companies visit our website at https://www.reportingaccounts.com
03:37
February 20, 2021
Moonpig reports busiest ever week
Moonpig group plc the recently listed greetings card online retailer reported its strongest ever week over the valentines day period.  The company now expects its revenues for the year to 30th April to be around double the £173m it reported in the previous year.  The shares rose 2.5% to £4.45 in early trading on Thursday. The increase in demand saw the "strongest ever trading week in the Group's history" the company said in a brief statement. It shows that the pandemic has had a positive impact on the groups trading as most high street competitors are closed due to the UK's lockdown. What happens once the country re-opens and life returns more to normal remains to be seen.  This is still a very positive result for the company. To learn more about Reporting Accounts and to find information and insights into companies like Moonpig and more than 4.8million others, visit our website which can be found at https://www.reportingaccounts.com
03:14
February 19, 2021
Barclays announces a bad debt provision of £2.1billion
In today's episode Adrian Lawrence our resident financial professional talks about how Barclays bank is putting aside £2.1billion as a provision for bad debts.  The UK and US economies have been badly impacted by the pandemic and the bank now expects a proportion of its lending during that time never to be repaid, as a result it is making a provision in its accounts to cover its expected losses. Provision can sometimes be overly cautious and if that is the case then some of this provision will be released as a future profit, but there is also a good chance that the provision will be needed.  Once Government support is withdrawn then businesses in the UK and USA will face a day of reckoning as businesses and individuals become insolvent. To learn more about our services at Reporting Accounts and how you can use our site to monitor companies for free, visit https://www.reportingaccounts.com where you will find information and insights covering more than 4.8million UK companies.
03:25
February 18, 2021
Companies house suspends compulsory strike offs
In today's episode Adrian Lawrence our in-house financial expert talks about how Companies House, the UK's Government agency that deals with the filing of company accounts, has suspended its voluntary and compulsory strike off notices.   This is part of the wider Government pandemic initiative to help companies during this challenging time. Often directors rely on postal reminders to keep their company records in order, and with the prolonged third lockdown in the UK, this is an increasing issue.  So by giving companies an extra month to catch up with their admin the initiative is helpful. What companies house is saying it that "We’ll continue to publish first Gazette notices for voluntary strike  off applications to minimise the impact on those who have applied to  close their company - but we will not be publishing the second Gazette notice and striking companies off during this period. For companies on  the compulsory strike off path, we will not be publishing first and second Gazette notices. Pausing our strike off processes will provide companies with more  time to update their records and help them avoid being struck off the  register. It’ll also protect creditors and other interested parties who  might have had difficulties in receiving notices or registering an  objection, or whose objections have not yet been processed." So some positive news for those managing the company secretarial affairs of UK companies. To learn more about Reporting Accounts and how we make use of the data from Companies House, visit our website at https://www.reportingaccounts.com where you will find information and insights into more than 4.8 milllion UK companies.
03:21
February 17, 2021
Virgin Wines IPO
Today Adrian Lawrence our resident financial expert is talking about Virgin Wines, this is a company that was formerly associated with Richard Branson but was subsequently sold to a management team and private equity houses. The company is joining the London aim market on 2nd March and is likely to be valued at £100m.  As with other recent IPO's the company has traded successfully during the pandemic lockdowns as its business model is digitally based. 2021 has already been a postive year for new issues, and Virgin Wines follows on from the successful IPO's of Dr Marten's and Moonpig, both of which have been the subject of Podcasts episodes on this show. To learn more about Reporting Accounts and how we have insights and information covering more than 4.8 million companies visit our website at https://www.reportingaccounts.com
03:17
February 16, 2021
Pound hits highs
In today's episode our financial expert Adrian Lawrence talks about the Pound's foreign exchange rate, which has been rising over recent weeks.   There is growing optimism in the UK economy as the vaccination roll out program is on target with more than 15 million people now vaccinated, which means it is now more likely that the lockdown of retail, leisure and hospitality can end. The other significant factor in the exchange rate was Brexit where the uncertainty was lifted before the end of 2020 when the UK reach a withdrawl agreement with the EU. The UK looks to be able to recover faster than the EU whose vaccination program is proceeding at a far slower rate.    The exchange rate is now £1 to $1.38 with market expections of a return to the long term average rate of $1.45.  The rate against the Euro has also improved to around £1 to Euro1.14. This is positive news story as it shows there is renewed positivity about the UK economy. To learn more about Reporting Accounts and how we hold information and insights into more than 4.8million UK companies visit our website at https://www.reportingaccounts.com
03:54
February 16, 2021
Jaguar goes all electric
In today's episode Adrian Lawrence our in-house financial professional talks about Land Rover Jaguar and how they are going all electric, the story in the press is that they are moving to an all electric line up, and plan to discontinue their petrol and diesel engine models at the end of their natural lifecycles.   This is a brave decision but also one that makes long term sense, the sales of petrol and diesel cars has to decline as the UK has committed to move to being net carbon neutral by 2050, so investing in a declining technology does not make sense.  Electric cars on the other hand are close to a tipping point in the UK and will soon overtake convential fueled vehicle sales. Jaguar Land Rover is therefore aiming to take on Tesla but at the more luxury end of the market. To learn more about Reporting Accounts and our UK Business intelligence service visit our website to read where we share information and insights into more than 4.8 million companies.
03:24
February 15, 2021
Auditing during the Covid Pandemic
In today's episode our resident financial professional talks about auditing during the Covid Pandemic, a qualified chartered accountant himself Adrian is familar with the auditing process.   In normal times the auditors team would attend client a clients site for between a week and two weeks during which time they dig into the books and records of a business verifying the accuracy of the accounting records. The Covid pandemic has however presented many obstacles to overcome, premises are typically closed, staff are working from home or self isolating and the this means the majority of work has had to be undertaken remotely.   Auditors have been innovative in their approach to this challenge and we have heard of drones being used to attend stock takes remotely and for the staff walking around stock locations to have life streamed using mobile devices so the auditors can attend virtually. Listed companies are very keen to stick to their anticipated accounts publishing dates as delays can make investors nervous.   Overall the profession appears to have coped very well with the lockdowns. To learn more about Reporting Accounts and how we offer information and insights into more than 4.8 million UK companies visit our website at https://www.reportingaccounts.com
04:06
February 14, 2021
Techpats an increasingly attractive option
In todays podcast Adrian Lawrence talks about how Digital Nomads are settling down for the longer term to become techpats, having enjoyed travelling the world working remotely from their laptop many are now deciding to select sunny low tax countries to work out from on a permanent basis. Cyprus is very attractive from this perspective as it allows residency rights provided you stay in the country for more than 90 days per year, and a very attractive corporation tax regime of 12.5%.  As its an EU state there are many advantageous in terms of security and stable trade arrangements with the rest of the World. It's believed there are as many as 4.8 million digital nomads which is the same number as there are companies in the UK, and as many as 17 million worldwide are interested in this lifestyle. To learn more about Reporting Accounts visit our website at https://www.reportingaccounts.com
03:14
February 13, 2021
Podcasting our experience so far at Reporting Accounts
In today's episode Adrian Lawrence talks about Reporting Account's experience of Podcasting.   As a company we are new to recording podcasts and started for the first time in January 2021.  Our experience has been very positive, and we are tracking the visitors to our site on a daily basis and noting a good number of visitors arrive after listening to one or more of our podcast episodes. Some sites that we particular like and note in this Podcast include Apple Podcasts - very well known for the itunes store and technology devices. Google Podcasts - a huge name in Search, now pushing into the podcasting space. Some of the sites that Adrian has noted in the Reporting Accounts podcast journey so far include Podchaser, Podomatic and podcasts. What has been successful for Reporting Accounts is to record regular episodes, as each one attracts visitors and listeners in its own right, so having more episodes has led to more engagement. To learn more about Reporting Accounts and our database of more than 4.8million UK companies, please visit our website at https://www.reportingaccounts.com
05:58
February 12, 2021
Spotify and home working
Spotify the popular Swedish streaming service has been in the news today, it is introducing flexible working so its employees have greater choice worldwide of where they choose to work and a option of workplace or home also. This follows from similar announcements by Microsoft, Twitter and Facebook, and whilst more straightforward for a digital company such as Spotify it does have implications for the wider economy.   A large proportion of business costs relate to the workplace, so in future companies may choose to save this by not having the convential city centre office.  This in turn has implications for the footfall of shopping areas and changes potentially the whole dynamic of where people live and work. This is a welcome development and one which other companies are likely to follow. To learn more about Reporting Accounts and how we have information and insights covering more than 4.8 million UK companies, visit our website at https://www.reportingaccounts.com
04:18
February 12, 2021
Brexit Exporters suffer nightmares
In this episode Adrian Lawrence our resident financial professional talks about the impact that Brexit is having on exporters.   The withdrawl agreement that brought brexit to a close at the end of 2020 was meant to represent a free trade agreement without tariffs and duties.  Many exporters are now finding to their costs that due to the rules of origin goods brought into the UK from outside the EU and then exported to the EU are paying double, once to on import to the UK and then again on import to the EU. Companies are looking for ways to avoid this double taxation issue and these include setting up subsidiary companies in the EU close to the customers.  However this is not without costs in itself and there are changes due in 2021 around the ownership rules for EU companies which may limit the advantage this gives. Business does not like uncertainty and many companies are not exporting, or exporting at a much reduced level due to these issues. To learn more about our service at Reporting Accounts, visit our website at https://www.reportingaccounts.com where you will find information and insights covering more than 4.8 milllion UK Companies.
04:18
February 11, 2021
French Connection Receive two takeover approaches
French Connection the UK fashion retailer LSE:FCCN has received two takeover bids, in this episode our resident financial expert Adrian Lawrence discusses this and the changing dynamics in the high street. French Connection rejected a takeover in January 2020 as being too low, that bid was around 40p but since then the high street shopping channel in the UK has been very seriously impacted by the three pandemic lockdowns.  The share price has been bombed out as have other companies who operate in the retail, leisure or hospitality sectors.   Towards the end of last year 2020, their share price was trading around the 10p level.  Now following on from the speculation surrounding retail brands and the actual announcement on Friday of formal takeover approaches, their price has jumped to 25p.    You can find out more about FCCN here : French Connection Group PLC / LSE:FCCN There is plenty of speculation now about if a deal will now go through and if so at what price.  There is talk in the forums of a price range betwen 40 and 50p which if try would be great news for the shareholders of FCCN. The company is owned 35% by its founder who is still CEO and 35% by Mike Ashleys Sports Direct company so no deal can happen without the agreement of at least one or both of those parties.  That said the company announced a year or so ago that it was open to a sale, so there is a good chance this will go through.  Boohoo completed their purchase of selected assets from the Arcadia group last week so there are similar deals being done in the market, and Boohoo itself is rumoured to be a potential third bidder, if so that would open the potential for a bidding war. The UK retail sector has been changing for nearly 20 years as more and more retailers appreciate the potential of the internet as a sales channel, now following the pandemic the companies that have invested in their digitial solutions are being rewarded with strong sales, for example Next has hugely increased online sales and has been able to offset the closure of their high street stores via their website.  The companies without a web channel that is sufficiently developed are suffering. To learn more about our service and to find information and insights into more than 4.8million UK companies visit our website at https://www.reportingaccounts.com/about-us
05:49
February 7, 2021
HMRC tax filing deadline extended
Today Adrian Lawrence our in-house finance expert is talking about the extension of the HMRC filing deadline for personal tax returns, normally their is a penalty of £100 if a return is not filed on time.  Now provided it is filed by the end of February 2021 this will be waived.  Also time to pay is available at an APR of 2.6% which is a good option for tax payers facing difficulty due to the pandemic. To learn more about Reporting Accounts please visit our website which can be found at https://www.reportingaccounts.com
03:05
February 3, 2021
Moonpig celebrates their successful IPO
Moonpig the online greeting card business soared above its £1.2billion IPO value on its first day of trading, conditional trading opened around 30% higher at £4.40 compared to the IPO price of £3.50.   This is a real success story and follows on from the positive trading in Dr Martens the bookmaker which also joined the market last week. In today's podcast Adrian Lawrence our in house financial expert talks about how the company is now likely to join the FTSE 250 and that it is likely to see increased competition as more and more traditional retailers are moving online and raising their game to offset the decline in high street sales particularly following the recent lockdowns. To learn more about companies such as Moonpig visit our website at https://www.reportingaccounts.com 
03:32
February 2, 2021
Hargreaves Lansdown
In today's episode Adrian our in house financial expert discusses the news from Hargreaves Lansdown today that they attractive growing numbers of younger investors.   There are many factors behind this trend, interest rates are very low in the UK at the moment and during the lockdown spending has been lower than normal meaning people have more savings available for investment. The lockdown also means there is less travel and commutting which means more time available to research and investigate investment options.   This trend is welcome as the UK population is living longer and the stock market is a key source of funding for companies, direct investment get younger people more engaged with the economy. The only concern being that younger investors means less experienced investors and that may lead to issues as the current times are very turbulent in terms of rises and falls of stocks and shares. To learn more about Reporting Accounts and how are database has insights covering more than 4.8million UK companies visit our website at https://www.reportingaccounts.com
04:30
February 1, 2021
Lookers plc returns from suspension and jumps 83%
In today's podcast Adrian Lawrence our in house financial expert talks about Lookers plc and how their shares were relisted on Friday and straight away jumped 83%, there unsuspension was accompanied by an RNS which updated the market on trading, which has been ahead of expectations. Lookers plc - stock code LSE:LOOK has had a rough time over the last year, a fraud was detected which led to the resignation of a number of its senior team including its CFO and chairman and there has been a change of auditors.   Better than expected trading combined with the appointment of a fresh experienced team has encouraged the market and resulted in the jump in the price.  It will be interesting to see how trading develops during February as the market gets closer to the re-opening of Lookers dealerships. To learn more about Reporting Accounts, please visit our website at https://www.reportingaccounts.com/about-us
03:16
January 30, 2021
Doctor Martens floats on the London Stock Exchange
In today's podcast Adrian Lawrence talks about Dr Martens a british bootmaker who floated on the London Stock Market on Friday, they have something of a renaissance over recent years having being close to bankruptcy they were acquired by a private equity house, who built them back up. Their price was set at £3.70 per share at opening they quickly moved to £4.25 and closed at around £4.50 representing a 22% rise on the day, this is a great result given the unsettled time for the UK economy and bodes well for other large floatations due soon including Moonpig plc.   The LSE code for Dr Martens is DOCS and its the largest IPO the London market has seen since September 2020. To learn more about Reporting Accounts, please visit our website at https://www.reportingaccounts.com where you can find information and insights into more than 4.8million UK companies.
02:37
January 30, 2021
Reddit Day Traders send Gamestop shares through the roof
In today's podcast our resident financial expert Adrian Lawrence talks about Reddit Day traders and how they have sent the shares of Gamestop rocking upwards.  Reddit is a social media platform where members can chat and discuss a wide range of topics a sub group with Reddit known as Wallstreetbets has sprung up and is frequented by tens of thousands of amateur investors and day traders, they have been egging each other one to buy more and more share in a stock called Gamestop and the resulting stock squeeze has sent its share price through the roof. Some of the threads point to a revenge aspect to this activity in that hedge funds shorted stocks during the 2008 financial crisis and in so doing left many small investors badly out of pocket.  Now they have targetted Gamestop where short sellers had a large open position, by driving the share price upwards they have forced many of these funds to close their positions, causing them large losses and compounding the shortage of stock. Sadly this is likely to end with large losses for the small investors concerned as the share price has moved outside of the range which is realistic for a stock like this, so investors should be very wary of following the crowd. There is even talk of an overspill into UK stocks such as Cineworld. If nothing else its a great story, the small investor versus the large Wall street funds. To learn more about Reporting Accounts and our database of more than 4.8 million UK companies please visit our website which can be found at https://www.reportingaccounts.com/about-us
03:28
January 28, 2021
News from Reporting Accounts Tuesday 26th January 2021
In today's podcast we talk about Rolls Royce the leading UK aero engine manufacturer and engineering company, last year it raised funds via a rights issue and today it announced a short fall of a further £2billion as a result of the lockdown and rhe continuing impact of the pandemic. Rolls Royce is paid based on the number of hours its engines are in use, so clearly during this period of disruption its income has been significantly impacted.   The new variant of covid has also extended the period of expected disruption which has again weighed down on the business. The share price dipped today to around 90p but recovered somewhat in later trading.   The company is seen as a good long term prospect and is supported by Government contracts but a recovery in its share price depends on a return to normal in the aviation industry not just in the UK but worldwide. Rolls Royce has a number of divisions that includes its Rolls Royce Commercial Aero Engines. It is therefore likely to be two to three years before normality returns to aviation and Rolls Royce's share price is reacting to the updated news.
03:36
January 26, 2021
Reporting Accounts news from 25th January 2021
In today's podcast Adrian Lawrence our in house financial expert talks about Dyson the vacuum cleaner and innovation company.  They are making a claim against the EU for £200m of damages.  The claim is based on flawed tests which favoured convential vacuum cleaners instead of dyson's bagless versions, the test were based on empty bags which in a conventional vacuum takes more energy in the real world than in the test conditions.    Because Dyson's vacuum clearer are bagless they use a steady amount of energy if they are full or empty and hence their issues with the test used by the EU. Dyson originally lost the case but won on appeal and the rating standard as annulled in a consumer victory, Dyson now want to get compensation for their lost sales. To learn more about Reporting Accounts visit our website and browse our database which covers more than 4.8million UK companies.
02:45
January 25, 2021
News from Reporting Accounts Sunday 24th January 2021
In today's podcast our resident financial expert Adrian Lawrence talks about a the living pension, this is a new concept which follows the example of the real living wage but applies to pensions.  The UK has a two tier pension system, the state pension which is fixed and based on a fixed amount for every year worked up to 35 years, the second tier is known as auto enrolment and is contribution based system currently set at 8% of a band of earnings.  5% comes from the employee (4% and 1% tax relief) and 3% from the employer. The issue is that in order to get enjoy a good standard of living in retirement those contributions levels need to be 12% or more based on someone starting contributions at the age of 25. The Government is already moving in this direction with a planned abolition of the earnings and age thresholds, but until the minimum contributions levels are increased this will be a long way short of enough to give a decent pension. The idea of the living pension is for employers to lead by example and contribute more educating their employees to do so at the same time. Reporting Accounts supports this approach and an increase in contributions to 12% provided it is phased in over a period of time to allow companies to adjust. Visit our website to learn more about our services and how you can find information on more than 4.8 million companies for free or on a pay as you go basis.
04:35
January 24, 2021
News from the Reporting Accounts team on Saturday 23rd January 2021
During today's podcast Adrian Lawrence our in house financial expert talks about the latest news on Covid and that the UK mutant version is speculated to have a higher mortality rate as well as a higher infection rate.  Also the South African variation has been detected in the UK raising additional concerns as it appears to be resistant to the current versions of vaccines, the pharmaceutical companies behind the current versions are believing to already being working on a new variation that can cope with the variations. The UK stock market has moved lower on these developments as share prices reflect sentiment and expectations for future earnings both of which will be impacted if companies in the retail, leisure and travel sectors are forced to remain closed for a longer period. There will be a return to normal and better times ahead, though the impact on this summers holiday travel season remains uncertain. Visit our website to view company accounts and get analysis covering more than 4.8million UK companies.
04:15
January 23, 2021
Reporting Accounts - News from the markets Tuesday 19th January 2021
In today's podcast our resident financial professional Adrian Lawrence talks about the forthcoming floatation in the London stock market of Deliveroo, the company it is rumoured are preparing a £5billion April floatation.  Deliveroo is operated by Roofoods Ltd and is based in London. They recently appointed Lord Simon Wolfson as chief executive and joins Claudia Arney their chairman who joined from Ocado towards the end of last year. The company has seen huge expansion and covers 8000 towns and cities worldwide using a delivery network of 110,000 feelance delivery drivers. The timing of their float is interesting as it will come after more than a year of disruptions to the UK economy due to Covid, whilst very damaging to the overall economy, home delivery is an area that has seen strong growth.   Their floatation is likely to be a success on the back of this but the UK and world economies are likely to begin a return to normal which means they are making the most of this opportunity.
02:41
January 19, 2021
Reporting Accounts news from Friday 15th January 2021
In today's podcast Adrian Lawrence talks about an interesting news story this week. Pimlico Plumbers have announced that they will only employee new starters who have had a Covid Vaccine, and existing employees and subcontractors can only continue to work for them if they agree to have the vaccine. This raises a number of HR questions and points, someone with less than two years of service can be dismissed for more or less any reason, but an employee with more than two years service can object for example if they are pregnant or have valid medical reasons not to have a vaccine, or religious objections. It will be interesting to see if more companies follow the lead of Pimlico Plumbers and maybe even we won't be able to travel abroad without proof of having receipted a vaccine. You can find more information on Pimlico Plumbers within the reportingaccounts database.
01:49
January 16, 2021
Reporting Accounts - Welcome to 2021
Reporting Accounts the leading UK Business Intelligence provider welcomes in 2021 albeit on the back of a very tough financial year that has seen UK companies really suffering from the Covid Pandemic. In this podcast Adrian Lawrence the CEO of Reporting Accounts, talks about last year and some of the new products that the company will be bringing to market in 2021.  In this short podcast Adrian talks about how the UK economy has been badly impacted by the pandemic. There are positive developments to report internally from Reporting Accounts, who launched a number of successful features in 2020, firstly a Google android App which can be dowloaded from the play store, then towards the end of the year an MS edge app has been launched which means MS Edge users can now access the great free database of UK Companies from a single click on the MS edge toolbar.   The development team are also working on Safari and Firefox versions which all being well will be live early in quarter one of 2021. Not withstanding the tough business climate the team at Reporting Accounts are experiencing strong growth, users and page views increased by 50% between October and December and early indications suggest rapid growth will continue during 2021. We continue to refine and develop our offering so we can compete effectively in the growing UK market place for Free and Pay as you go business credit report information.
01:03
January 14, 2021