Itaconix says that last year’s revenues were slightly lower than forecast.
The sustainable polymers developer generated 2018 revenues of £700,000, up from £553,000 in 2017. The annualised cost base is running at £2.1m.
Net cash was £2.1m at the end of 2018 and there are £300,000 of research and development credits expected in the near future.
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Building services provider Northern Bear has acquired electrical contractor J Lister for an initial £950,000 in cash and shares.
A shareholder has filed two legal claims against simulation technology company SimiGon Ltd.
UniVison Engineering Ltd has signed a framework agreement with the China Railway Engineering (Hong Kong) and China Railway Wuhan Electrification Engineering joint venture.