A GROUP of young entrepreneurs would be the first to admit their business is pants — and it’s highly successful as a result.

Pupils at the School of St Helen and St Katharine in Abingdon have set up their own company, Magma, under the Young Enterprise Scheme – supported by the Oxford Mail – designing retro tie-dyed underwear.

Director Laura Hand, 17, said: “We have made about 150 pairs and have sold almost all of them.”

Magma will be competing in the area finals of the competition on April 28.

Meanwhile, a recycling Young Enterprise company from Burford School has been given a seal of approval by the Green Party.

Students presented Green Oxford city councillor Nuala Young with a clock they had made from an old vinyl record.

ZaZu environmental director George Middleton, 16, said: “We also offset our carbon footprint from the energy used in production and distribution.”

Young Enterprise involves teenagers from schools around the county setting up and running their own businesses for the period of an academic year.