A Recap on Directors Loan Accounts

As a director, the company may pay for personal expenses from time to time. You can clear the debt by repaying it or get the company to write it off. Does it matter how and when you do this? By Simon Denye, Partner, Dow Schofield Watts Tax Consulting LLP Over £10,000? Your company card has … Continued

Conquering M&A – Auctions

Auctions Two techniques: Limited or controlled auction (a “handful” of candidates selected); Open auction (open to the world). Limited auctions can be completed quicker and the threat of an open auction can be used to keep bids up. Open auctions can threaten the business, but the release of information can be controlled. A controlled auction … Continued

Dow Schofield Watts London goes from 0-9 in 9 months

The London office of advisory firm Dow Schofield Watts has welcomed its ninth team member just nine months after its launch. The latest arrival is Philip Hodgson who has relocated to London to take on the role of Corporate Finance Executive. An economics graduate from the University of Newcastle, Philip qualified as a Chartered Accountant … Continued

Dow Schofield Watts in UK Top Ten Dealmakers

Dow Schofield Watts was the most active financial adviser in the North West in the first quarter of 2019 and the second most active in Yorkshire. The firm also ranked in the top ten dealmakers in the UK, according to Experian’s latest M&A Review. The figures show that in the North West, Dow Schofield Watts … Continued

Physics prizewinner joins Dow Schofield Watts Angels

Dow Schofield Watts Angels, the Northern angel investor network, has appointed Oliver Rogers as analyst as it continues its expansion. Oliver, who has a degree in Maths and Physics from the University of Bristol, was previously a  data analyst with e-commerce specialist The Hut Group, and also worked as a physics tutor. He is a … Continued

Conquering M&A – Acquisition Rationale

Acquisition Rationale Deal rationales for acquisitions are usually to acquire: Customers – access to new customers and markets Products – access to new products and services. Capability/Diversification – access to new people, technology, IP, or distribution channels; Defensive – to prevent a competitor from acquiring the business or key assets. Synergies – arising from strengthened … Continued

Statutory Residence Factsheet

Determining UK Residency – Statutory Residence Tax Factsheet Click here to view the Statutory Residence Factsheet Residence Generally speaking, an individual who is resident in the UK in a tax year will be taxable on their worldwide income and gains arising in that year. Individuals who are non-resident in a tax year are only taxed on … Continued

Headland Archaeology joins forces with RSK Group

RSK Group Ltd, the UK’s leading integrated environmental, engineering and technical services business, has today announced its latest acquisition: Headland Archaeology, the UK’s leading, privately owned provider of heritage services to the development and construction sectors. The acquisition is the latest under RSK’s funding package from Ares Capital Europe (Ares) and a revolving credit facility … Continued

Selling Your Main Residence and Capital Gains Tax

Selling Your Main Residence and Capital Gains Tax An update from DSW Tax Consultant Simon Denye If you make a financial gain from selling your home, it is NORMALLY exempt from capital gains tax (CGT) because of private residence relief (PRR). However, this is not necessarily the case if you have not lived at the … Continued

WestBridge Capital backs MBO at APEM Limited

WESTBRIDGE has backed the management buyout of APEM Limited, Europe’s leading independent environmental consultancy specialising in the aquatic environment and remote sensing. The deal has seen WestBridge invest £9.8 million in a combination of equity and loan notes, which will support the company’s growth ambitions as it develops complementary service lines to support its clients’ … Continued

Operam Education Group receives investment from BGF and HSBC

Operam Education Group receives investment from BGF and HSBC Funding supports the acquisition of Teachers UK and The Education Specialists 11 March 2019: Operam Education Group, which operates in the education recruitment sector, has received investment from BGF, the UK and Ireland’s most active investor in growing businesses, and HSBC. The funding will support further … Continued

£4.5M investment for Quick Reach Powered Access

A Manchester-headquartered equipment hire business has secured a £4.5m equity investment from Mercia Fund Managers in Warwickshire. Quick Reach Powered Access, which also depots in Birmingham, Doncaster, East London and Wishaw in Scotland, was founded in 2014 by brothers John and David Barton. The investment is the second from Mercia’s £45.1m EV Growth II fund … Continued

Springboard for Springfield

Springfield Solutions Limited (“Springfield”), a Hull based niche digital label printing and brand management business, has been provided with a significant funding package by HSBC Corporate Banking in Hull. Springfield was originally set up and established by Albert Dass over 40 years ago with HSBC as its banker. This long-standing relationship has enabled HSBC to … Continued

International M&A Network Completes 110 Deals In 2018

In 2018, Pandea Global M&A (“Pandea”) member firms completed 110 transactions with a combined value of over €1.6 billion, the network has confirmed. Pandea is a global network of selected independent firms with a primary focus on creating and executing cross border M&A transactions to add significant value to its member’s clients such as providing … Continued

Dow Schofield Watts Launches Tax Consultancy Arm

Independent advisory firm Dow Schofield Watts has expanded its services with the launch of a new tax consultancy arm. DSW Tax Consulting will be led by Simon Denye who has over 21 years’ experience as a tax specialist with firms including PwC and KPMG and most recently as Tax Director at CLB Coopers. It will … Continued

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