Lux-Fix are a members-only ‘e-tailer’ offering luxury current-season fashion products from the most exciting new and established British designers. Founded in 2011, their USP is providing customers with current season offers from top luxury fashion brands via weekly ‘flash sales’. Peter Jensen, Hannah Martin and Pringle are some of the many labels available on the site which already has over 5,000 subscribers.
Imagematch Social Enterprise CIC is a training company working with young and long-term unemployed people to support them in the transition to permanent employment. Since March 2010 they have placed over 200 candidates from Shropshire and mid Wales in training, with 80% of them securing on-going employment, further training or qualifications. Between 75 and 100 businesses are on their roster of employers, and the founder believes expansion through partnership is likely.
Shutl are a web-based technology company who aggregate courier delivery options in order to deliver customer’s online shopping within 90 minutes of purchase or within an hour long window of their choice. Shutl now work with many prominent retailers including Argos, Oasis, Warehouse, Laithwaites Wine and Coast. Recent milestones, include last year’s £650,000 funding round and an exclusive distribution deal with Maplin. In 2011 the company was London centric, but they now cover 70% of the UK, looking to spread to 90% by the end of 2012.
Ovo are a Gloucestershire-based independent energy supplier offering a fresh perspective in a competitive market by promoting themselves as a cheaper, greener and simpler than their competitors. They offer two tariffs – one with 15% renewable energy, and one with 100% renewable energy. Ovo’s specific mission is to become most trusted energy supplier by 2020, fitting in with the governments targets of 15% renewable energy by 2020.
In our final episode of The Business Class, James Caan is joined by CNBC anchor Ross Westgate as they invite a panel of leading business figures to debate the key issues from the series at a macro level. Over the past six weeks we have considered issues of government support for SMEs, bank lending habits, the future for British manufacturing and the right time to expand a small business abroad.