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Smith Cooper will be out in force at the Ashbourne Show on Saturday 19th August, where we will be available for a coffee, some cake and to chat.

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The Managing Director of Derby-based Smith Cooper Independent Mortgage and Financial Advice (SCIMFA) has completed a management buyout from parent company Smith Cooper.

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The Pensions Regulator has warned that employers should be cautious of sophisticated scams which are currently targeting organisations and unsuspecting victims. The scams offer the sale of false certificates, which claim owners are exempt from workplace pension duties. These certificates are not genuine.

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Following the roaring success of last year’s inaugural sportive, Friday 28th July saw the Team Raleigh GAC & Friends Sportive take place in Derbyshire for the second time. 

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We are delighted to announce Geoff Cousins, former Managing Director of Jaguar UK, is on board with Smith Cooper as a specialist advisory consultant.

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Smith Cooper have once again secured a top ten ranking in the Midlands region of Experian’s M&A Activity League Tables for H1 2017, being in 9th position by deal volume. However, it has also broken into the top 10 in two additional regions, ranking 8th in both the North East and Northern Ireland. This places Midlands-based Smith Cooper in the top 10 in three of Experian’s 12 regions.

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We are delighted to announce the appointment of Andrew Stevens as an Insolvency Director to work across the firm’s offices, further evidencing our growth.

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Ilkeston FC sold

20 July 2017

Nottingham businessman Alan Hardy is delighted to announce his purchase of Ilkeston FC for an undisclosed fee from the club’s liquidators, Midlands based accountancy and advisory firm Smith Cooper.

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Bowers Projects Limited, a high voltage solutions specialist, offering competitive turnkey solutions, based in Luton with operations across the South of England, has ceased trading with the Company due to enter liquidation shortly. 

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Stoke based ADB Alarms Limited, a Security Systems Alarm Inspection Board (SSAIB) approved security installation business has been sold after entering administration on 26th June 2017. The sale rescues 14 jobs at the family run organisation, which has been trading for over 25 years. 

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Smith Cooper are delighted to announce that Kimberley Wapplington has been appointed to the role of Insolvency Manager within our Nottingham office. The promotion will take effect from 1st July.

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Ilkeston FC Limited has been placed into Liquidation for the second time in seven years.

 

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Unfortunately, we’re not talking about winning the lottery or a get rich quick scheme. We are in fact talking about high street footwear firm, Johnsons, who turned their fine from The Pensions Regulator (TPR) into a bill for over £40,000 for not complying with automatic enrolment requirements.

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There is already a requirement for companies to maintain a register of Persons with Significant Control (known as a PSC Register). At present such information is updated on the public record via the annual Confirmation Statement. 

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With news of the National Living Wage (“NLW”) and National Minimum Wage (“NMW”) dominating headlines over the past 12 months, Head of Employment Tax at Smith Cooper, Laura Parr, says employers need to be vigilant to ensure workers are paid correctly. 

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The National Living Wage (NLW) was first introduced in April 2016. For employees over the age of 25, the NLW is currently set at £7.50 per hour and was projected to rise to at least £9 per hour by April 2020. The NLW was designed to improve the general health of our economy and the people in it which in, theory, should benefit all.

 

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WFF (York) Limited, an operator of the UK’s leading frozen meal home delivery business Wiltshire Farm Foods, has been sold to York Group Limited in a deal advised by Smith Cooper.  

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The Expat Post is our new international newsletter, in conjunction with the Alliott Group, for companies with an international workforce and for individual expatriates working and living in countries around the world.

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HMRC have recently released the latest Advisory fuel rates that came into effect from 1 June 2017.

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Representatives from Smith Cooper were among 100 senior professional advisors from 27 countries in Berlin last week for the EMEA Regional Conference of Alliott Group, one of the world’s leading international associations of accounting and law firms.

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