Something to shout about

• 

  We used Chris to help sell our family business. He found us an international buyer and facilitated the whole process from beginning to end. He made it a simple uncomplicated process. His knowledge and communication were first class. I would definitely recommend Chris to anyone looking to buy or sell a business.

  Mark Holmes
• 

  Renegotiated proposed deal to reduce up front consideration and eliminate requirement for bank finance. Carried out a limited scope due diligence assignment and liaised with solicitors to completion.

• 

  A 3-year project including an unsuccessful low-profile marketing process, a proposed MBO that did not proceed and ultimately a successful sale to 3rd party. Negotiated and structured the final deal.

• 

  Outstanding service and knowledge. Very highly recommended. We met with Keith Senior for advice relating to starting a new business in Bury. Keith met with us for close to an hour at no charge and provided both a referral and excellent advice. Everybody we met has been a pleasure to deal with and we feel much more confident moving forward with our plans. You will be in good hands with this firm.

  Joe A
• 

  Putting together a scheme and obtaining Revenue clearance on it, resulting in the avoidance of Income tax and the minimisation of capital gains tax on the retirement of the founding directors from a company, involving the contemporaneous transfer of shares by way of gift and sale and company purchase of own shares.

• 

  Business successfully marketed with a view to quick completion, in order to resolve a shareholder dispute.

• 

  Owners wanted to retire to spend more time with their grandchildren. Business was marketed for sale after the first COVID lockdown and subsequently completed in the last lockdown.

• 

  I chose to come to Jacobs Allen for advice as I felt you as Chartered Accountants were clearly knowledgeable yet very approachable, friendly and welcoming. To have all of my queries dealt with so professionally in a relaxed manner allayed any concerns I had about my tax affairs, past present and future. Your advice giving me a clear plan of the actions I have to take and your offer of assistance to put it into practice helped enormously in focussing my attention on building my business.

  John H
• 

  Planning a group reorganisation for a major corporate client, dealing with tax free exchange of shares and eliminating charges to tax on the transfer of assets within the group.

• 

  Marketed business and obtained indicative offers. Negotiated and completed deal with the preferred multi-national purchaser.

• 

  You are obviously very knowledgeable and able to relate your expertise in an easy to understand way. We will definitely use Jacobs Allen Chartered Accountants again and believe that it was a relatively small amount of money, well spent to have this financial and tax review.

  Maddy R
• 

  Structured and negotiated deal with vendor, prepared financial projections for MBO team and carried out due diligence work.

• 

  Helping a client set up a new growth business alongside an existing business, advising on a structure that protects the existing business from inherent start-up risks, provides a ready made exit strategy and creates an environment for minimal additional tax liabilities for five years.

• 

  Assisted MBO team in buyout including provision of MBO training. A few years later they decided to sell, and we approached several potential acquirers. Led protracted negotiations, managed the due diligence process and subsequently sold at a significant uplift on original cost.

• 

  Enabling an individual to assist her daughter to acquire a property, obtaining tax relief for some of the mortgage interest and allowing the property to pass into the daughter’s possession and eventually be sold without incurring capital gains tax or inheritance tax.

• 

  Helping a client to identify their personal and business goals, resolve their dilemma over the continuation or sale of their business and exit the business in a structured way, maximising the sale potential.

• 

  Chris was able to find a company who were in the same industry and who wanted to expand the geographic area to increase sales. He obtained a good price for me and gave me the opportunity to have 6 months of wind down before retiring.

  He is a very calm and patient man who has tremendous experience in a specialist area of business and is honest about the possible options. His valuation and negotiation skills with Heads of Terms etc were spot on. We had a few changes along the way, but they were dealt with calmly and promptly.

  He introduced the lawyer for the legal side who was also excellent. A good team. I’m very happy that Chris achieved the sale of my business which I built from nothing over 18 years.

  Kevin
• 

  Following the sudden death of owner, worked with widow to reorganise business and keep in operation in preparation for sale. Successfully marketed and sold 2 years later.

• 

  Owners were divorcing and wanted to dispose of the business promptly. Business was marketed for sale, a buyer willing to complete quickly was identified and deal agreed.

• 

  Planning through the use of trusts for an individual to pass on to his children properties worth approximately £1m when completed and save inheritance tax of £400,000, also providing them with future income to fund higher education costs.

• 

  Assisting a client in extricating themselves from unsuitable banking arrangements and working with them to produce a business plan to enable them to trade cash positively in the future.

• 

  Negotiated deal and obtained the necessary finance by preparing business plan and projections to support £2m refinancing of the purchaser.

• 

  Negotiating with HMRC on the valuation of shares in a family company, saving the client approximately £270,000 of capital gains tax.

• 

  Advising on tax free extraction of profits for an active corporate client, saving approximately £300,000 in one year.

• 

  Developing a scheme involving the retirement of a managing director of a farming company and the tax effective extraction of a freehold property involving a company purchase of own shares.

• 

  Arranged bank finance of £600k, prepared supporting financial projections, advised on tax implications and completed report to bank.

• 

  We have truly appreciated the advice and support provided to us by Jacobs Allen since April 2009, and will not hesitate to get back in touch if we need further services.

  Stephen H