Newable Capital invests in Weldfast UK Limited

Newable Capital invests in Weldfast UK Limited

The company was founded in 2006 by twin brothers Steve and Nigel Nixon with the vision to offer the largest range of safe and proven Welding related products to its UK clients. Weldfast has steadily enhanced its offering through the acquisition of the assets of a number of established competitors and securing numerous sole UK … Continued

Supporting the Space sector with advice and investment

Newable has been supporting UK businesses for almost 40 years, through the provision of Money, Advice and Workspace. In 2020 alone, we supported over 43,000 business all at different stages of business development. In many cases, businesses will come to us at different stages of their business journey, whether they’re launching new products and need … Continued

Newable Capital invests in leading software provider

Founded in 1992, and based in Bath, Dancerace offers a best-in-class receivables finance software operating system, along with training, consultancy and support services to help customers get the most value from their software. Focussed on the mid-size/independent receivables sector, the company serves a third of the total receivables market in the UK and Australasia, plus … Continued

The Month That Was July 2021 – Newable Ventures

Ventures Frenzy In the first six months of 2021 technology startups raised nearly $300bn globally, almost as much as in the whole of 2020. That money helped add 136 new unicorns between April and June alone, a quarterly record, according to CB Insights, a data provider. Compared with the same period last year the number of … Continued

Championing diversity – Race at work charter

We aim to be recognised as one of the UK’s best employers, through our advocacy for equality, diversity and inclusion, and through our initiatives to attract, reward, inspire and train our people. Race at Work Charter To deliver on our ambition, we’ve signed up to the The Race at Work Charter and joined over 600 … Continued

Newable opens for the Recovery Loan Scheme

What is the RLS? The Recovery Loan Scheme allows UK businesses to recover through access to business finance, giving them the tools to grow following the Covid-19 pandemic. A government backed scheme; RLS is the successor to the Bounce Back Loan Scheme (BBLS), Coronavirus Large Business Interruption Loan Scheme (CLBILS), and Coronavirus Business Interruption Loan … Continued

Space to grow – Newable invests in two Space Technology startups

PlanetWatchers provides analytics as a service (AaaS) to the crop insurance industry. Founded in 2016, by former Israeli military intelligence officers, they saw the potential for the use of Synthetic Aperture Radar (SAR) in commercial markets. By possessing such a deep understanding about SAR, the founders identified that by applying SAR based analytics to the … Continued

Lift off: Newable doubles down on space-tech for Seraphim IPO

Newable has had a longstanding relationship with Seraphim Capital, the Manager, since 2006.  The Seraphim Space Fund was founded in 2016, with Newable as an original cornerstone investor. Investing in the future of space tech The Seraphim Space Fund  remains the world’s first dedicated space VC fund. The mission is to invest in early and … Continued

Teamwork makes the dream work – how we secured funding for our client

At Newable, we understand that every business is different. That’s why we have a range of financial products and services to help businesses meet their needs. Newable Finance, our in-house brokerage, works with an extensive panel of lenders to deliver brokered finance solutions to improve cash flow, spread the cost of expensive equipment and fund … Continued

Domestic Reverse Charge: what this means for your business

What is the Domestic Reverse VAT Charge? UK suppliers have been accounting for their own VAT for several decades. Many SMEs use VAT payments from customers as a source of working capital before sending the funds to HMRC. However, that’s changed. VAT cash no longer flows between VAT registered businesses involved in the construction industry. … Continued