Hawsons, one of the UK’s leading independent advisory firms, has advised on the successful demerger of Killis Ltd and MotorScrubber Limited. The move separates two well-established names in the commercial cleaning equipment sector, enabling each to accelerate its...
UK business leaders remain cautiously optimistic about growth in 2025, with 83% expressing confidence in their own company’s prospects, according to the latest HLB Survey of Business Leaders. The survey draws on a record number of UK responses and outlines the...
Leading advisory firm Hawsons Chartered Accountants has advised ecological consultancy PBA Applied Ecology on its successful transition to an Employee Ownership Trust (EOT), securing the business's long-term future while handing ownership to the team behind its...
Employee Ownership is where the whole or part of a Company is owned by, or on behalf of, its employees. The government introduced some new and relatively generous tax reliefs for employee-owned companies in 2014 and since then Employee Ownership Trusts (“EOTs”) have...
Hawsons Corporate Finance had the pleasure of supporting Custom Made Kitchens Limited (“CMK”), a well-established manufacturer of bespoke kitchens based in Doncaster, South Yorkshire, during its transition to an Employee Ownership Trust. The exiting shareholder, Keith...
Hawsons Corporate Finance are delighted to announce that they acted as Wilson Field’s lead advisor in a £4.8m sale to FRP Advisory Group. Sheffield headquartered restructuring and debt advisory services firm Wilson Field have now been acquired by the listed, national...
Deal Completed – 2023 Hawsons Corporate Finance had the pleasure of supporting Hi-Tech Automation Limited (“Hi-Tech”), a well-established automation intelligence company, during its transition to Employee Ownership. The company, based in Kettering, Northamptonshire,...
Funding an EOT To fund an EOT transaction, the business would generally utilise surplus cash held in the business as initial consideration, whilst deferring the remaining amounts payable (typically paid in monthly installments) throughout a pre-defined future period...
Basics of an EOT An EOT is a trust that acquires shares in a company which are then held on behalf of the employees. It is an increasingly popular exit strategy for shareholders which offers attractive tax incentives and peace of mind over the future of the business...
Deal Completed – 2023 Hawsons Corporate Finance had the pleasure of supporting Caring Hands (Care Services) Limited (“Caring Hands”), a well-established domiciliary care business, with their transition to Employee Ownership. Based in Alfreton, Derbyshire, the company...
Why has the qualifying criteria been put in place? The economic contribution of employee-owned businesses in the UK is significant and growing. Greater productivity and higher levels of innovation whilst being more resilient to economic turbulence are some of the...
EOTs and Tax-Free Bonuses In this article, we discuss the tax-free bonuses that employees could benefit from in an employee-owned company. Under a qualifying EOT structure, as indirect owners, the employees are eligible to receive a share of the profits of the...