Postlethwaite Solicitors played an instrumental role in our successful transition to becoming an Employee-Owned Trust (EOT) just over seven years ago. Their expertise and guidance ensured a smooth process, providing clear step by step guidance on the Trust formation and tax implications and benefits. As well as being really professional and friendly team to work with. Since becoming employee-owned, we've seen significant improvements in both business performance and team wellbeing. Our employees are more engaged, motivated, and committed to our shared success, which has driven growth and innovation across the board. The sense of ownership and community has fostered a positive workplace culture, making TensCare not just a better company, but a better place to work. It's not always about the economics or the legalities of a commercial enterprise but about having a positive societal impact as well. We were grateful to have had all the legal aspects covered by the support and dedication we received from Postlethwaite Solicitors. We still look to them for advice on Trust matters from time to time and get prompt and clear advice every time
Our experience with David Reuben and Judith Harris at Postlethwaite Solicitors has been excellent and we are so pleased that we decided to use them to help and guide us to transition to an employee owned business! From the very first phone call I made to David I was met with professionalism and expertise and that just carried on to final completion where the transition was seamless.If you're seeking legal guidance for employee ownership, share scheme or any other business matter, look no further than Postlethwaite. Their professionalism, expertise, and dedication make them the top choice for any legal needs.
The process was incredibly smooth and efficient from start to finish. Everything was explained clearly. Totally pain free process!
After a lot of consideration as to the best way to ensure the business succession of Bray Plastics, we opted for an Employee Owned Trust. Right from the outset, Postlethwaites have been brilliant, with outstanding customer communications and a whole wealth of knowledge and experience in EOTs. We would 100% recommend Postlethwaite Solicitors to any company wishing to transition to an EOT. Big thanks to Robert, Hannah & the team!
A Google User
18:19 09 Jun 24
We have recently made our firm, the most longstanding recruitment firm for the retail industry, an Employee Owned Trust. The service, guidance and support from this firm was outstanding. We would highly recommend them to anyone who wishes to convert to a trust or to enquire as to whether such a change would be worthwhile. The advice is clear and unbiased. Our firm is Retail Human Resources Ltd and if anyone wants to contact me, please feel free to do so. Search rhr.
We have recently made our firm, the most longstanding recruitment firm for the retail industry, an Employee Owned Trust. The service, guidance and support from this firm was outstanding. We would highly recommend them to anyone who wishes to convert to a trust or to enquire as to whether such a change would be worthwhile. The advice is clear and unbiased. Our firm is Retail Human Resources Ltd and if anyone wants to contact me, please feel free to do so. Search rhr.
Our experience with Postlethwaite has been nothing short of exceptional! We were instantly met with professionalism & expertise.As a company transitioning to an employee-owned model, and Postlethwaite navigated us through every step with clarity and efficiency. Their team's deep understanding of employee ownership structures ensured that our transition was seamless.They took the time to understand our unique needs and objectives Their proactive approach and attention to detail instilled confidence in us every step of the way.In summary, if you're seeking legal guidance for employee ownership or any other business matter, look no further than Postlethwaite. Their professionalism, expertise, and dedication make them the top choice for any legal needs.
We used Toby and his team for an EOT scheme , I have to say the attention to detail was fantastic and all the way through very pro active and responsive
We have recently transitioned to an Employee Owned Business, with the help of David Reuben and Toby Locke. We were so pleased with how responsive and helpful both were throughout the process; they are clearly experts in their field. The transaction proceeded exactly as outlined at the beginning of the process, with everything explained in clear and concise language. The draft documents were produced very quickly and we hit our initial deadline for completion a few weeks early. Even following the completion of our EOT, Toby has remained in touch to ensure that all the necessary post completion milestones are finalised. You really get the sense that the firm are looking to do an excellent job and go the extra step to ensure everything is concluded properly. We would have no hesitation recommending Postlethwaite's to anyone looking to move to an EOT or setup a share scheme for their employees.
Our company Garner Tackle formed an EOT back in 2019. We were guided through the whole process by Robert and the team at Postlethwaite's. From beginning to end the process was so easy, the team explained everything to us in a way we could understand. Over the last 4 years the changes to our business have only been positive, our staff are happier, more motivated and care deeply about the company and it's success. The move to become majority employee owned has been a complete success and we're so happy we used Postlethwaite's to advise and manage the process. Thank you 🙂
We have worked closely with Postlethwaite Solicitors for many years and more recently on several EOT transactions. They are always responsive and timely in dealing with both us and our clients, and their advice is always clear, particularly when discussing some of the more technical tax issues. David Reuben is a pleasure to work with. He always goes above and beyond, and overall we consider the team at Postlethwaite Solicitors to be experts in the Employee Ownership field.
David and Toby expertly guided us through an at times technical process with great knowledge, skill, pragmatism, patience and good humour. They hit all deadlines and communicated very well, clearly and quickly throughout. They are the go to experts in the EOT field. Extremely impressive and reasonably priced - highly recommended. Support staff good too. Many thanks to all at Postlethwaites.
We found Robert and the team to be very straight-forward, approachable and flexible in their dealings with our transition to Employee Ownership. It was a please to do business with them.
Professional. Courteous. Well informed esp. on EO. The ability to ask tough questions with empathy. Always reply in a timely fashion. Safe hands.
An excellent outcome and outstaying service from the team at Postlethwaite. Their advice at every stage was clear and they were first class in terms of demystifying what looked at the outset a rather daunting process.
We used them for an EMI scheme. Excellent to deal with, always very responsive, super knowledgeable and a quick turnaround. Highly recommend.
The team at Postlethwaite enabled Nikwax and Páramo to preserve our unique purpose-led values whilst building a sustainable future as we transition from being founder owned to an exciting employee-owned collective. Nothing was too much trouble; complexities and challenges were solved with an efficient, collaborative and ultimately bespoke approach that worked for us. Thank you for helping us to secure a special and exciting future as Partners in our business!
My wife and I have recently transitioned our business into a 100% Employee Owned Trust.We both unreservedly recommend using Postlethwaite solicitors.Right from our initial contact with David Reuben it was clear that this was someone who listened carefully to our plans and explained what is a complex transaction clearly and concisely.David promised a turn key solution and that is exactly what he and his team delivered .As the process progressed, we were introduced to Jo Cunningham who's attention to detail and speed of reply to any question very often outside of normal working hours was amazing .The entire process was completed on time and under budget we were never rushed or felt under pressure. Postlethwaite really do deliver client satisfaction.In summary if you are looking to transact what may well be the biggest step in your company’s journey you need sound clear thoughtful professional advise, in our opinion you need Postlethwaite!Howard and Anna JonesJust Pudding Basins Ltd
Many thanks to David, Toby and the team at Postlethwaite for their impressive work on completing our EOT. Highly efficient and very easy to work with, they made the whole thing painless!
I met Robert Postlethwaite at a meeting of the Employee Ownership Association and was immediately impressed by his professionalism and his understanding of the subject...
STEVE BONNICK, DIRECTOR, TOUCAN COMPUTING LIMITED
Postlethwaite are very commercial and practical. Working with them is an excellent experience.
CHAMBERS DIRECTORY 2020
...the practical experience, combined with the technical knowledge of David, Judith and the team, has been of enormous value to me and my clients...
Patrick Tolhurst, Managing Partner, Marlborough House Partners
Postlethwaite demonstrated time and again their detailed knowledge and expertise in this specialist field. The move to employee partnership was one of the best things we have done for our business and our employees and has enabled us to grow and engage our employees.
BARRY HAYES - DIRECTOR, FLO GROUP LIMITED
We have run an EMI for the past 10 years and this is the clearest and most accessible explanation of the scheme that I have ever seen. It is in keeping with Postlethwaite’s refreshingly straightforward approach, which I have always greatly appreciated.
MARK CHILDS, MANAGING DIRECTOR, TOTAL REWARD GROUP AND FORMER VICE-PRESIDENT REWARD, CIPD
They combine a magic circle level of expertise with a more personal service
CHAMBERS DIRECTORY 2016
We chose Postlethwaite because they are an expert in employee ownership share schemes, they are employee-owned themselves, of course... Postlethwaite were easy to deal with and we developed a good rapport with them... they made the whole process of issuing the EMI scheme very straightforward.
ED MASON, FOUNDER & MANAGING DIRECTOR, FIVE POINTS BREWING COMPANY
Their advice has guided us step by step through the minefield of financial, fiscal and legal issues to an objective that is effective and rewarding for both the company and our individual members. We could not have achieved it without their help.
DEREK BANKS, CHAIRMAN, LISS SYSTEMS LIMITED
We implemented an Enterprise Management Incentive (EMI) to involve our senior management more in the business. Postlethwaite were recommended by our corporate lawyer and we have had a very good experience working with them.
PENNY IVERSEN, DIRECTOR, BEA’S OF BLOOMSBURY
From the moment I was introduced to Postlethwaite by Capital for Colleagues (specialists in helping businesses fund employee ownership) I knew we had the right solicitors to help us manage and negotiate the transition of TensCare to employee ownership. Postlethwaite Solicitors were clear about the process and benefits involved and upfront about their fees.
NEIL C WRIGHT, MANAGING DIRECTOR, TENSCARE
To explore how employee ownership or an employee share scheme could work for your company, call me on 020 3818 9420.