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Covid-19: Your questions answered
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Christopher was appointed the Joint Administrator of a polystyrene manufacturer in the Midlands which had lost £400,000 in the two years prior to his appointment. After the directors of the company had sought the help of the Business Recovery team, Christopher was able to spearhead the process of taking control of the company, trading the business to convert the stock and seeking a buyer for the business. The business was successfully sold as a going concern to a 3rd party thus saving the jobs of all employees.
Emma has been involved in a number of Administrations, trading the companies until such time that either a buyer for the business can be found or the assets sold at their optimum price thereby maximising the realisations for the benefit of the company’s creditors.
Martin was the driving force behind a restructuring process following the departure of a major shareholder at a local electrical wholesale business. He also played a major part in the successful audit of a public listed exhibition support services business
Martin has developed key accounting policies for provisions, costing procedures and techniques in the steel, manufacturing and knitwear industries.
Paul was involved in the inception of an engineering business right through to subsequent £50m sale 14 years later. Advising on the growth, development, interim acquisitions and disposal processes he also managed the successful exit of the shareholders.
Sarah looked after a local sales and distribution company which grew significantly and was bought by an international group. She was in charge of the very tight monthly reporting deadlines for the UK and the annual audit of the UK group package required for consolidation purposes.
Sarah also acted for a capital equipment company, providing advice to the company during the peaks and troughs in its business cycle. When the company became a trading subsidiary of an international group, Sarah oversaw the successful disposal of the majority shareholding leading to the secure retirement of the managing director.
Steve was appointed as expert witness for one party to a matrimonial case and he advised on the efficacy of a particular tax planning structure the other spouse had undertaken. Negotiating with the other party’s tax barrister, Steve, on behalf of his client, was able to negotiate a successful solution.
Steve advised on a share sale and group re-structuring. This was a complicated case with many stakeholders involved, and hence required some innovative planning to ensure the client’s financial and tax objectives were met. Using a combination of share re-organisations, issuing new shares, a share option scheme and group transfers of assets, Steve was able to suggest a route through some complex technical tax and companies act issues to assist in achieving completion of the deal.
Hart Shaw LLP are currently applying COVID-19 working protocols and our staff are working from home. Our switchboard will be answering calls but you can contact our partners on the following numbers:
Further contact details can be found here: https://www.hartshaw.co.uk/about-us/key-contacts
We apologise if this is inconvenient but we are doing our best to follow government working directions whilst continuing to service our clients to the best of our ability in these difficult times for all and appreciate your patience.