BODNANT Welsh Food has been named Wales Regional Winner of the Farm Shop & Deli Retailer Awards 2021, for transforming its business which is a real asset to the community of north Wales.
The family run Welsh farm shop in the Conwy Valley is one of nine regional winners and 30 commended retailers chosen from a shortlist of 153 speciality retailers across the UK.
The awards held in partnership with The Grocer and sponsored by Food and Drink Wales and Garofalo, took a different format this year so they could shine a spotlight on the retailers who deserve recognition for their commitment to customers, community, staff and suppliers throughout the pandemic. Therefore, the winners were named regionally rather than by category as seen previously.
The judges praised Bodnant Welsh Food for ‘stepping beyond the pivots we now expect to see as a result of Covid by including health and wellness’. There is a real emphasis on what they can offer to benefit their customers and community’s wellbeing.
Commenting on their win and achievements of the past two and a half years, managing director Richard Reynolds at Bodnant Welsh Food, said, “We are thrilled to have won this award, it’s great for us and our profile. It has been an incredible time for us, an awful lot has happened and we have learnt a lot about the business and our suppliers.
“We use about 81% of Welsh produce within the business. We have an in-house bakery and have had to employ two new bakers to cope with demand. All our meat is locally sourced and we prepare all our burgers and sausages for selling in the farmshop and used in our restaurants.
“Like many businesses over the past 15 months, we did have to adapt the business during the Covid-19 pandemic, we opened an online shop and home delivery service which was a massive success. Footfall is now increasing and it is great to welcome customers back to Bodnant.
“We value our local community, suppliers and shoppers alike and are proud to be recognised as a beacon of our area.”
The Reynolds family are all very much fully immersed in running Bodnant. Richard and Cathryn Reynolds, with their two girls Olivia 24 and Tilly 20, bought Bodnant Welsh Food in December 2018 after it went into liquidation.
They re-opened the business on the 1st February 2019 after re-furbishing the farm shop, turned the tearooms into a restaurant, while the former Hayloft restaurant is now used for weddings and other events. They currently employ 50 members of staff.
Bodnant showcases the very best Welsh artisan produce, from organic vegetables to cheeses, locally supplied meat to tasty bakes and preserves. The beautifully converted 18th century Furnace Farm houses an award-winning farm shop, two restaurants, bakery, butchery, cookery school and wedding and events venue.
Bodnant Welsh Food also host other extra-curricular activities such as cookery demonstrations and a cookery school which has also spawned a cookbook and there are other elements which they are looking at developing further.
Commenting on Bodnant’s success, Welsh Government Minister for Rural Affairs and North Wales, and Trefnydd Lesley Griffiths said: “I would like to congratulate Bodnant Welsh Food on its success in the Farm Shop & Deli Retailers awards. It is great to see our food businesses doing so well and being recognised for the hard work and commitment they have put into building up the business again, particularly during such difficult times.
“Wales is a fantastic place for food and drink businesses to establish themselves and become rooted in our communities. I would like to wish Bodnant every success for the future.”
For more information regarding Bodnant Welsh Food go to https://www.bodnant-welshfood.co.uk.
Other Welsh companies named as a Commended Retailer in Wales at the Farm Shop & Deli Awards were Babita’s Spice Deli, Swansea; Best of Hungary, Machynlleth; Square farm shop, Monmouth and The Olive Tree Delicatessen, Mold.
To see the full list of regional winners and commended retailers visit the Farm Shop & Deli website.
Development Bank backs Carmarthenshire manufacturer
MIDTEC, one of the UK’s leading manufacturers of chimney cowls and flue systems has completed the construction of 2500 square feet of additional manufacturing space at Capel Hendre Industrial Estate near Ammanford, using a £220,000 loan from the Development Bank of Wales.
Formed in 2003 by Managing Director, Trefor Jenkins, Midtec first benefitted from investment from the Development Bank in 2005.
They have since had several rounds of funding from the Development Bank to support growth plans and the next generation is looking to the future with the new additional space being used to house a state of the art ENSIS laser cutting machine, supplied by Amada.
Trefor said: “The ongoing support of the Development Bank means that we’ve been able to grow the business, drive efficiencies and invest in new market opportunities. We’ve also introduced new products including the MidCat, an innovative solution for reducing the pollution created by wood burning stoves and the only one of its kind in the UK.”
“Our latest investment in our technology means that we can now offer a laser cutting service that will help to improve our quality and production processes and save time on the turnaround of customer orders. We hope that this will play an important part in our future growth. Indeed, our turnover is on target to exceed £2 million this year and I’m delighted that my son Thomas and daughter Hannah are already playing a vital role in the business as we focus on our long-term sustainability.”
Richard Easton, a Portfolio Executive with the Development Bank, said: “Midtec is a family run and owned business that is known for its high quality and excellent customer service. With our continued support, Trefor, Thomas, Hannah and the team have created a modern manufacturing facility that has a really exciting future ahead.”
The loan came from the £204 million Wales Business Fund which is financed by the European Regional Development Fund and the Welsh Government.
Loans, mezzanine finance, and equity investments are available for deals between £50,000 and £2 million with terms ranging from one to seven years for small and medium-sized businesses (those with fewer than 250 employees) based in Wales, or willing to relocate to Wales.
Construction company TRJ of Ammanford carried out the building work, while Jamie Reynolds of Cennen Solutions has also been providing strategic support.
Trainees are the lifeblood of south Wales accountancy firm
ASHMOLE & CO are encouraging those qualifying from university, waiting for their GCSE or A Level results to consider a future career in accountancy.
Trainees are the lifeblood of the accountancy firm which has offices throughout south Wales.
James Davies has been employed by Ashmole & Co since 2017 as a Trainee Accountant based in the Carmarthen office. James has steadily been progressing to becoming a fully qualified accountant whilst working with the firm full time.
He has just recently passed his 10th exam and has just five more exams to pass until he gains his Chartered Accountancy qualification (ICAEW).
As a Trainee Accountant, day to day, James prepares financial accounts for clients, Tax returns and VAT returns for local individuals, sole traders, partnerships and limited companies.
Sharon George, Partner in the Carmarthen Ashmole & Co office, said, “It is important as a profession that we help nurture the next generation of professional accountants. Trainee staff members are the lifeblood for the future success of our firm. We are a local business and are always keen to employ those who live locally.”
James lives in Llandeilo and after gaining his A Levels at Ysgol Gyfun Tregib he gained his AAT qualifications at Coleg Sir Gar whilst working for Pritchard Jones Accountants in Carmarthen. When the firm’s director retired in 2017 the firm was taken over by Ashmole & Co and James has been employed with Ashmole & Co since.
James said, “Providing a high-quality service to current and new clients is the most rewarding part of the job for me. Providing this reliable service allows local businesses to manage the day to day running of their business while entrusting us to manage their accounts and tax affairs. The most challenging part is the substantial changes to IT in accounting over the last decade and that will continue into the next decade. It’s important for us to keep up to date with current technologies.”
In his spare time James likes keeping physically active at the gym, running and cycling. He is a keen sports fan, especially rugby and is an avid supporter of the Scarlets rugby team.
Ashmole & Co are one of the largest chartered certified accountants in Wales. The rapidly expanding and modern firm often has job opportunities for enthusiastic individuals both qualified and non-qualified within the organisation.
If you feel you have the qualities to be part of the team at Ashmole & Co, please email, with your CV attached, to AshmoleHR@ashmole.co.uk. Alternatively, apply for a specific vacancy listed on the website: www.ashmole.co.uk
House prices in Carmarthenshire rise at the highest rate across west Wales
HOUSE prices in Carmarthenshire have risen by 17.5% annually in the second quarter of 2022 (April-June) to reach a new peak price of £228,609.
The figures have been released from Principality Building Society’s Wales House Price Index for Q2 2022, which demonstrates the rise and fall in house prices in each of the 22 local authorities in Wales.
Carmarthenshire’s double digit percentage rise annually was the second highest across the whole of Wales, after Blaenau Gwent, and coupled with a strong quarterly rise of 4.7%. Ceredigion also experienced a new peak price in Q2 of £274,967 reflected in a 12.3% annual increase and 4.4% quarterly rise.
While Pembrokeshire also recorded a strong 9.9% annual increase in Q2 to £248,172, it saw a slight dip across the quarter by 2.2%.
Shaun Middleton, Head of Distribution at Principality Building Society, said: “Against the backdrop of significant cost of living pressures, with food, fuel and energy prices continuing to spiral, higher interest rates anticipated from the Bank of England, and the collapse in confidence levels across companies and households, there is a growing expectation that the wider economy will enter recession over the coming quarters. Across the UK, these cost-of living pressures have begun feeding through into lenders’ affordability calculations, whilst higher mortgage rates might affect the ability and willingness of households to borrow.
“Such changes appear modest for now, but they are cumulative in nature, and their eventual impact will be influenced by the ultimate extent of rate increases, the resilience of the jobs market and the ability of households to increase income. The housing market in Wales starts from a strong position, as prices have been steadily rising post-Covid restrictions but is not immune to these macro-economic challenges, and the likelihood is that housing demand and property price inflation will ease over the coming quarters.”
Wales continues to experience some of the strongest property price increases across the UK as the average price of a property rose to more than £240,000 for the first time. The new peak average price of £240,635 in Wales reflects an 11.5% annual increase and a 3.1% quarterly increase.
Half of local authorities reported double digit percentage price increases in Q2, with nine areas also recording new peaks. Blaenau Gwent and the Vale of Glamorgan join Carmarthenshire in reporting annual price increases of more than 15%.
Principality’s Wales House Price Index estimates there were as many as 11,900 transactions in Wales in Q2, 9% higher than in Q1 and well above corresponding levels in 2019, pre-Covid. In the second quarter of 2022, sales of detached homes are down nearly a fifth (19%) while sales of flats are up 14%.
For more information go to: http://www.principality.co.uk/mortgages/house-price-index
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