Author: Scott Dylan
Scott Dylan
Scott Dylan is a pioneering entrepreneur from South East London, whose modest beginnings have driven his remarkable career. In 2019, he co-founded Inc & Co with a bold vision to rejuvenate struggling businesses, preserve jobs, reduce creditor losses, and promote growth. Under the stewardship of Scott, Group CEO Jack Mason, and Group CTO Dave Antrobus, Inc & Co has grown into a global force with an annual turnover exceeding £150 million. The company’s diverse portfolio includes sectors such as Professional Services, Travel, Retail, Ecommerce, and Shared Workspaces, showcasing a robust record of acquisitions and expansion. Scott's entrepreneurial acumen is further evidenced by strategic divestitures, including the sales of MyLife Digital to Dataguard and Laundrapp to Laundryheap, demonstrating his skill in amplifying business value and ensuring sustainable development. Beyond his business ventures, Scott is a passionate mental health advocate, openly discussing his experiences with Complex PTSD to aid others. He champions Women in Business and Tech and proudly represents the LGBTQ+ community, promoting diversity and inclusion in the workplace. With over two decades in leadership roles, Scott believes in the power of teamwork, fostering strong relationships, and nurturing a supportive culture as cornerstones of success. Scott Dylan's journey is characterised by resilience, collaboration, and a commitment to making a positive impact both in the business world and beyond. His dedication to creating an inclusive, empowering environment for all team members is a testament to his visionary leadership and aspirations for a brighter future.
The Organisation for Economic Co-operation and Development (OECD) has issued a stark warning regarding the United Kingdom’s public finances. Ahead of Chancellor Rachel Reeves’ first budget on 30 October, the OECD recommends vital fiscal reforms to stabilise the nation’s economy.The OECD’s recommendations focus on three main areas: tax reforms, changes to pensions, and increased public investment. The organisation has highlighted the heavy financial pressures from healthcare, pensions, and climate change, which are exacerbating an already dire situation marked by high debt, rising interest payments, and sluggish economic growth.The report aligns with warnings from other institutions about Britain’s unsustainable debt levels.…
Mohsin Issa, co-owner of Asda, is stepping back from day-to-day operations to concentrate on his role as CEO at EG Group, a company that operates petrol stations and convenience stores across Europe, the US, and Australia. In his stead, Lord Rose of Monewden will assume his responsibilities temporarily, collaborating with Rob Hattrell from TDR Capital, the majority stakeholder in Asda.Mohsin Issa will remain on Asda’s board as a non-executive director while holding a 22.5% stake in the company. This decision aligns with calls from Lord Rose, who has publicly expressed disappointment over Asda’s declining market share, urging Issa to focus…
Suntory Beverage & Food GB&I has once again demonstrated its resilience and strategic acumen by reporting a seventh consecutive year of profit increase, despite significant inflationary pressures. According to newly filed accounts with Companies House, the company posted a pre-tax profit of £109.1m for 2023, up from £100.7m in 2022. The UK-based division, renowned for its popular beverages, including Lucozade and Ribena, shows no signs of slowing down as it navigates the complexities of the current economic landscape.The Uxbridge-headquartered division has not faced a drop in pre-tax profit since 2016, underscoring its robust financial health. Turnover also experienced an uptick,…
Creo Medical, a prominent life sciences company based in Chepstow, Wales, has finalised an agreement to sell a 51% stake in its European subsidiary, Creo Europe, to Micro-Tech, a leading Chinese firm in the endoscopic medical devices market. The deal, valued at £31m on a cash and debt-free basis, reflects a significant strategic move for Creo Medical, enhancing its growth prospects in the Asia Pacific region.Creo Medical, listed on AIM, specialises in minimally invasive surgical endoscopy for pre-cancer and cancer patients. The sale to Micro-Tech, which boasts annual sales of approximately £250m, is anticipated to be completed early next year,…
The North East has witnessed a notable 20% reduction in insolvency rates in August compared to the same period last year, reaching a three-month low following a trend of increasing advisory support from restructuring specialists.R3, the UK’s insolvency and restructuring trade body, disclosed that the number of insolvency-related activities recorded in the North East fell to 76 cases in August compared to 95 cases in the same month of the previous year. This decline marks the lowest level since May, which saw only 60 cases. The figures, sourced from data provided by Creditsafe, reflect a significant decrease amidst a backdrop…
The UK branch of a leading firm, headquartered in Manchester, has posted a significant increase in turnover, reaching £80.6m for the year 2023, up from £72.4m in 2022.Based in Manchester, the company recorded a turnover of £80.6m for 2023, rising from £72.4m in the previous year, according to the latest accounts filed with Companies House. The firm’s pre-tax profit saw a slight increase from £3.1m to £3.2m within the same period. The growth in turnover is attributed to intensified advertising and new product features.Sales of the company’s products contributed £73.5m to the turnover, while parts and service sales accounted for…
Brexit’s impact on UK trade has been profound, with significant reductions in both exports and imports since 2021.A comprehensive report reveals the extent of the damage and suggests various strategies to mitigate these effects.The Initial Impact of BrexitThe idea that erecting barriers with one’s largest external market would harm trade seems self-evident. However, the reality of Brexit has showcased a level of wishful thinking that persists, even in a government less ideologically committed to it. Aston University’s comprehensive 93-page report, ‘Unbound: UK Trade Post Brexit,’ by its Centre for Business Prosperity, sheds light on this issue.Over the period from 2021…
Warehousing specialist Humber Storage Solutions has secured tenancy for two units at East Yorkshire’s Dianthus Business Park, underscoring the strategic importance of the site for regional import and distribution activities.Humber Storage Solutions has become the latest tenant of Dianthus Business Park, acquiring Units 7 and 8. The firm now occupies a total of 136,000 sqft of industrial space on one of East Yorkshire’s most prominent business sites.Located in Newport, the business park is notable for its proximity to Hull, Immingham, and Goole Docks, as well as its access to the A63, making it a highly attractive location for importers and…
PZ Cussons, the company behind Carex, Imperial Leather, and Original Source, has reported a significant financial downturn due to the precipitous 70 per cent devaluation of the Nigerian Naira. The Manchester-based company, listed on the London Stock Exchange, has disclosed substantial losses, marking a stark contrast to the previous year’s profitability.For the fiscal year ending 31 May 2024, PZ Cussons revealed a revenue of £527.9m, a decline of 19.6 per cent compared to the prior year. Additionally, the company registered a pre-tax loss of £95.9m, a sharp decline from the £61.8m profit reported the year before. In a statement to…
A public consultation has commenced regarding Tata Steel’s £1.25bn investment in an electric arc furnace at Port Talbot, with plans to begin work next summer and become operational by late 2027, contingent on planning consent.The proposed electric arc furnace, with a 3.2 million tonne capacity for steel production from scrap, is supported by £500m from the UK Government, with the remainder funded by Tata. This project is part of a broader restructuring strategy by the Indian-owned steelmaker, involving the cessation of heavy steelmaking at Port Talbot, resulting in approximately 2,800 job losses across the UK. Specifically, the closure of the…
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