In order to achieve a successful Initital Public Offering (IPO), preparation and planning is vital as it involves significant time and resource commitment from the management team. It is key to involve the advisers at the early stages of considering an IPO, as we can provide you with advice on the preparation required by management for a flotation in order to make it a smoother process.
Working alongside the other advisers we provide the role of the reporting accountant which is one of the key roles of the IPO process. The reporting accountant will perform financial due diligence on behalf of the directors and the Nominated Adviser (NOMAD), as well as provide certain opinions required as part of the listing process.
We provide advice on preparing for a float and how a business can get itself IPO ready, as well as advise on financial and tax structuring, implementing share option schemes prior to IPO, financial reporting systems and controls and accounting policies. We are also able to offer ongoing external audit and tax services post IPO.
Post IPO we are also able to assist with acquisitions and reverse acquisitions by providing due diligence services on target companies and reporting accountant services in relation to a new Admission Document or Prospectus.
We have strong relationships across the industry and we are able to introduce you to the various other advisers who are also key in the IPO process eg nominated advisers, lawyers, brokers and financial PRs.
Adopting a partner lead and hands on approach, combined with our experience allows us to gain a real understanding of our clients’ businesses, enabling us to add significant value not just during the IPO process but also post IPO through providing support on how to deal with operating within a public company environment.
We are a top 15 auditor to quoted companies in the Advisor Ranking Listing. We are a member of the Quoted Companies Alliance, with partners Laura Mott and Mark Allwood sitting on their Financial Reporting Expert Group and Tax Expert Group respectively.
We support our clients through each phase of the IPO process and build long term trusted relationships so that post IPO we can continue to assist through both advisory and year-end audit and taxation compliance. We pride ourselves on being able to deliver timely, proactive and pragmatic advice throughout the IPO process.
We are a founding member of the MSI Global Alliance, a global alliance of accountancy, tax and legal practices and so can support those overseas clients looking to list on the UK market. For further information on MSI Global Alliance please click here.
To view the ECM transactions haysmacintyre has completed, please click here.
It was a pleasure to work with Laura and her team at haysmacintyre in their capacity as reporting accountants during Immotion Group PLC’s IPO process.
Anyone who has been through an IPO process will know how arduous it can be, but haysmacintyre’s guidance and technical knowledge made the process as painless as it could be, and they were a fundamental part of the team that helped to deliver a highly successful and over-subscribed IPO.
Since the IPO, we have appointed haysmacintyre as the group’s auditors and have just completed our first interim report with them, again receiving a first rate service in the process.
See all of our latest news related to Equity Capital Markets.
Looking ahead – What does 2023 hold for the Financial Services sector?
1. Increasingly competitive UK regulatory landscape – the Edinburgh Reforms, the Chancellor’s “bold collection of reforms”,...
Conservative Party Chair HMRC tax settlement: Analysis
As widely reported in the mainstream media, Nadhim Zahawi, the current Conservative Party Chair and...
VAT and prompt payment discounts: TalkTalk Telecom v HMRC
To some extent, the case is of academic interest because the relevant legal provision is...
Tips, Gratuities and Service Charge
Unlike most payments an employee will receive, with some careful planning, it is possible for...
Annual Tax on Enveloped Dwellings (ATED) – HMRC’s best kept secret?
What is ATED? The annual tax on residential property owned by non-natural persons that are...
Hybrid and distance working: tax implications
What is in the report? The report does not consider traditional permanent ‘home-based’ employees or...
Case studiesView all case studies
Hospitality case study: Coronavirus Job Retention scheme investigation
Case study takeaways:
- Company A operates in the hospitality sector.
- haysmacintyre assisted the client with an HMRC Coronavirus Job Retention Scheme (CJRS) investigation.
- Reduced company’s liability from £180k to zero within one week following our involvement.
Advising a hospitality sector startup
Getting it right from the start, advising a hospitality sector startup on online accounting and reporting structures.