Island Life Magazine Ltd October/November 2017 | Page 123

Inside Business Business hots up at woodyard There’s nothing quite like a log fire to warm your hearth and home during the autumn and winter, so it’s no wonder that wood-burners are becoming more and more popular across the Island, with stove fitters working overtime to keep up with demand. But the key to a good fire is having the right fuel – and that’s where specialist supplier Chessell Woodyard comes into its own. The business has just added a state-of-the-art new drying warehouse at its 2.5-acre site, and supplies top quality seasoned hardwood logs that are guaranteed to to keep those home fires burning brightly right through the winter. Owner Pete Barnes sources his oak, ash and beech woods directly from the Forestry Commission and private woodland owners, and then expertly seasons and dries them before delivering to customers right across the Island six days a week. The company is also well- known for its timber supply and expert joinery service – but at this time of year, the firewood definitely takes a front seat! For information or to discuss special orders, call 01983 555068 or email chessellwoodyardltd@ btconnect.com. Find Chessell Woodyard on Newport Road, Chessell, PO30 4JP. ADVERTISING FEATURE Directors’ Liabilities In the course of speaking to business owners, NFU Mutual often finds that many directors and partners are not aware of their personal liability. This can be a serious oversight, especially since the Companies Act was amended in 2008 to prevent directors “hiding behind the corporate veil”. This means that directors, officers and senior managerial staff can be held personally liable for any claims arising from their actions and decisions in their official capacities. In such circumstances, personal assets and wealth including pensions could be subject to any claim. NFU Mutual points out that while some insurance policies include an element of legal expenses protection, the limit of indemnity may be lower than you need. There are solutions available to business owners, including cover that can be bought by the business to protect their personal interests. For peace of mind, it may be worth taking to your local NFU Mutual agent, and taking advice on the cover you require. Contact NFU Mutual on 01983 329254 or visit their website at nfumutual.co.uk www.visitilife.com 123