Despite the current economic climate, UK owner-managed businesses remain optimistic about growth in 2025!
A survey conducted by Thin Cats has revealed that many UK based owner-managed businesses believe that the business environment will improve during 2025. This includes 40% of the businesses surveyed believing that their deal volumes will increase during the first half of the year, whilst 44% expect market conditions to remain stable.
For the fuller picture on this subject, please read the article below which was issued by Insider News today.
Roger Mundy, Managing Director, Beardsley Theobalds, 24th February 2025
Owner-managed businesses remain confident for growth despite economic challenges - ThinCats
Owner-managed businesses in the UK remain optimistic about growth despite economic challenges, according to new research from alternative finance provider ThinCats, with an uptick in deal activity expected.
A new survey from ThinCats shows that while sentiment is mixed, many believe the business environment will improve in 2025.
Despite a slowdown in deals, more than half of advisers attributed the dip to a pre-Budget spike in activity, a mismatch between owner expectations and offers, and tough trading conditions.
However, ThinCats said most advisers expect the negative effects of the Budget to ease in early 2025, with an uptick in deal activity as businesses adapt to changing market conditions.
Additionally, 40 per cent believe deal volume will increase in the first half of 2025, and 44 per cent expect market conditions to remain stable.
Mike Hackett, chief commercial officer at ThinCats, said: "The forthcoming tax changes alongside a broader negative mood about the economy does mean that some companies are looking to pause investments or reduce headcount. There are some sectors, especially those reliant on consumer spending, who will be especially affected.
"However, based on our own conversations and pipeline, these are challenges that businesses will look to overcome, and we can see from advisers that activity is beginning to pick up.
"Despite current uncertainty, the appetite to invest and grow remains strong. Owner-managed businesses have shown resilience throughout, and we are confident the market will bounce back as SMEs continue pushing forward with their growth ambitions."
To date, ThinCats has lent more than £2bn to mid-sized SMEs. The recent Experian M&A tracker showed it is the number one lender across the UK.
