Company Matters
Having the right structure is vital to the effective running of your business. Having
the wrong structure can affect the efficiency of the business and can also hold
back future growth and development.
Forming a Company
If you are thinking of starting up in business as a limited company, or even incorporating
your existing business, our Corporate Finance Team can advise you. We can look at
your requirements and advise whether or not it is the right time to incorporate
and, if this is the case, then we can create a company for you, tailor making its
articles of association to ensure that they fit your company and its needs exactly.
If you already have a company, our Corporate Finance Team can also assist by reviewing
and updating your existing articles of association to ensure that your company is
getting the most out of the recent changes to the Companies Act and, in doing so,
remove any potential future ambiguity and confusion .
Running your Company
Do you fully understand your duties and responsibilities as a director or secretary
of your company? Do you need advice on your rights as a shareholder? Are you unsure
what the correct procedure is with regard to company administration and meetings?
If so, our Corporate Finance Team are on stand-by to assist.
Let our team help you with the on-going ‘house-keeping’ required in the day-to-day
management of your company. We offer a fully-comprehensive company secretary service
which makes complying with the Companies Act filing requirements a piece of cake!
In addition to the day-to-day ‘house-keeping’ requirements, our expert team can
also prepare and advise on Directors’ Service Contracts and Shareholder Agreements,
ensuring that these key documents are both fair to all parties, comprehensive and,
most importantly, effective.
Many companies in the UK are “family owned” companies. It is vital that they are
structured to cater for eventualities such as the death or retirement of key members
or the taking on of new shareholders to raise revenue. All these things can destabilize
companies leading to wasted time and money and, in extreme cases, they can bring
about the demise of the company itself. Our Corporate Finance Team can advise on
these sorts of issues, either in advance or at the time they occur, to make sure
that these problems are addressed and dealt with so that the minimum disruption
is caused to the company.
Returning Cash to Shareholders
There may be many reasons why a company wishes to return surplus cash to its shareholders,
for example:-
- employee incentive schemes;
- payment of dividends; or
- the redemption of preference shares (often used as a tool to make shares more attractive
to third party investors);
Our Corporate Finance Team is on hand to guide you through the relevant procedures
to ensure that the company is acting within its powers and complying with all relevant
legislation.
Own Share Purchase (also known as ‘Company Buy-Back’)
A company may need to buy back its shares in a variety of circumstances, including
the removal of a shareholder / employee upon termination of their office. This is
a complicated area of law with strict prescribed procedure that must be adhered
to. Our experienced team can manage this procedural mine-field for you ensuring
a smooth transaction.
Contact Us
If you would like to arrange an appointment to see a member of our Corporate Finance
Team, please e-mail corporate.finance@chattertons.com
or contact a member of our Corporate Finance Team on one of the numbers given below.
Contact Details
Corporate Finance Team