Blog | RMT Accountants and Business Advisors Newcastle

January 2, 2012

Companies are warned to keep data safer

COMPANIES in the North East are not learning important lessons about data security, despite the threat of fines. The idea that regional firms are playing Russian roulette with their reputations has been floated by business adviser Paul Holborow of Newcastle accountants RMT, who says even fines of up to £500,000 have not prompted all businesses

October 27, 2011

Business fading with retirement

NEW research has uncovered a marked increase in the number of business owners who wind up rather than sell their business when they retire. Despite the tough economic conditions, thousands of businesses are being discontinued every year by owners over 60, often without them even trying to find a buyer, said research from Experian Corpfin.

October 26, 2011

Couple quadruple size of their pharmacy business

A COUPLE have quadrupled the size of their pharmacy business to £4m by taking over a larger rival. David and Louise Lydon have bought Stanley-based Dixon and Hall, which runs three pharmacies and puts together first aid kits for 600 clients, including Northumbria Police and companies including Nissan and McNulty Offshore. The deal, for an

Alex van Someren advises girl geeks on success at RMT Accountants

October 20, 2011

Alex Van Someren Advises Girl Geeks on Success @ RMT

HE started his working life by helping to develop the BBC Microcomputer, and went on to offer advanced cryptography for major banks and governments. So it’s pretty probable that Alex Van Someren knows technology, and has a bit of experience with entrepreneurism too. The ANT and nCipher founder said: “As a country we’ve become more

Maxine Pott joins the board of the Port of Tyne

September 20, 2011

Maxine Pott joins Port of Tyne board

A LEADING Tyneside accountant has been appointed to the board of the Port of Tyne. Maxine Pott, the head of corporate finance at Newcastle-based RMT Accountants and Business Advisors, has joined the deep sea port as a non-executive director. Sir Ian Wrigglesworth, chairman of the Port of Tyne said: “I am delighted to welcome Maxine

August 30, 2011

RMT win contract with Newcastle Falcons

by Iain Laing, The Journal ACCOUNTANCY and business advisory group RMT has scored a contract win with the Newcastle Falcons as the rugby club looks to step up its corporate hospitality activity. The Newcastle-based company has added the Aviva Premiership team to its growing portfolio of clients at a time when the sports club are targeting growth

August 30, 2011

Deal secures future of North Pennines Archaeology

by Peter McCusker, The Journal A SPECIALIST archaeology business has been saved after being bought out of administration by a Stoke-based engineering and environmental consultancy. North Pennines Archaeology (NPA) – based at Nenthead in Alston, Cumbria – was placed into administration after the threat of a winding-up petition related to historic VAT debts. Joint administrators

June 3, 2011

Tyneside MP calls for ransom payment change

NORTH East MP Mary Glindon has given her backing to a campaign by insolvency trade body R3 campaign for a change in the law which she says could save 2000 businesses a year. The Holding Rescue to Ransom campaign is calling for a change in legislation which would prevent suppliers demanding high payments, increasing their

May 26, 2011

Jobs lost as Centurion loses fight for survival

A NORTH bus tour company has ceased trading with the loss of 14 jobs. Centurion Tours and Travel of Haydon Bridge, has now closed after just over a week in administration. The well-known firm, which ran bus tours throughout the UK and abroad, ran into trouble earlier this month when a finance company pulled out