30 results for year: 2021


Member News | ADT Workplace becomes a 100% Employee Owned business

Commercial interior design, build and delivery specialist, ADT Workplace has today announced that it has placed 100% of the business into employee ownership, heralding the start of an exciting new chapter in the history of the company. Started in 2005 by David Clemetson, Tommy Cocking and Ashley Smith, ADT Workplace has grown to be one of the leading independent commercial interiors organisations in the North West, employing over 60 people at its Manchester HQ. Having grown turnover this year to £45m, the founders have decided now is the right time to change the ownership structure of the business. They have transferred 100% of the 16-year-old ...

Member News | Teamwork makes the dream work: Salad’s shift to employee ownership

Brand and communication agency, Salad Creative has announced transfer of ownership to its team in an Employee Ownership Trust (EOT). Only 600 companies in the UK have adopted the HMRC approved scheme and Dorset based Salad, is the first creative agency in the region to make the shift. The process transfers Salad’s private shareholding to a collective ownership across its workforce. Producing brand, marketing and digital work for clients including Commonwealth Games Team England, House of Garrard, Mitchell & Butlers Plc and Grape Tree Health Foods, Salad celebrates its 20th anniversary this summer. Managing Director, Arabella Lewis-Smith ...

EOA calls for evidence ahead of #EODay

We're calling on employee owned businesses to take just a few minutes to complete the following surveys in order to help us build a better picture of the performance of the EO sector in the face of COVID-19, informing and supporting the EOA’s future campaigning and lobbying activities. We’ll be sharing the results of these surveys on the 25th of June as part of our EO Day celebrations.   EO Health & Wellbeing Surveys Mental health and wellbeing in the workplace has never been more important as we’ve all faced the Covid-19 crisis. We know that employee owned businesses put people first and we want to understand how important ...

Better Business Webinar Roundup: “Demystifying ESG: What is it and why is it good for business?”

The EOA kicked off its Better Business webinar series with a fascinating discussion about Environmental, Social and Governance (ESG) and why this matters for the businesses’ long term success. We heard from Andrew Ninian, of The Investment Association, Barry Murphy, from PwC and Kevin Matthews, CEO of Scott Bader. The webinar provided five key take-aways for businesses when considering ESG: Purpose. it’s about defining what the business wants to achieve and what good it wants to contribute to society. Kevin Matthews described how as a chemical company with a significant environmental impact in the supply chain, the company set a long term ...

Guest Blog – Why Unity Trust Bank is proud to sponsor EO Day and how we can support businesses that want to become employee-owned

Unity Trust Bank is a proud trustee member of the Employee Ownership Association and we are delighted to sponsor this year’s EO Day on June 25th. As a bank with a social conscience and a rich heritage, we share the EOA’s commitment in supporting business models that bring true societal benefits. We were established in 1984 to serve the common good, and this year’s theme for EO Day, #bettertogether, has never resonated more as we emerge into a post-pandemic world. Mark Clayton, Chief Operating Officer at Unity Trust Bank, said: “It’s clear that there is a close alignment between what employee-owned businesses stand for and what we ...

Guest Blog – Should Former Owners Be EOT Trustees?

It is common, especially in the early years of the company being employee owned, for the previous owners to want to be one of the trustees. The former owners almost always have the best interest of the company at heart. It’s not easy letting go of control, especially when you are being paid out of the future profit of the business. However, giving up a little bit of control is like being a little bit pregnant. It’s kind of an all or nothing situation. A former owner who keeps a position of influence is inadvertently sending a message to the employees that is in danger of undermining the concept of employee ownership. It can only dampen ...

UMi Shines Bright At Best Companies 2021

The employee-owned company has shone brightly in this year’s Best Companies Listings – with a trio of accolades that recognise both its regional and national strengths. UMi is celebrating after it secured the highest star rating and was named in three prestigious Best Companies 2021 listings announced at a special event on Friday, 21 May. In the list representing the UK’s 100 Best Mid-Sized Companies, which is for those that employ between 75 and 199 people, UMi ranked 33rd. The business also achieved a 12th place regional listing and was named 8th in its sector. UMi ­- which makes it easier for businesses to do more and go further ...

Childbase Partnership celebrates ‘Best UK workplace’ Awards

Childbase Partnership Founder and Chairman Mike Thompson retains his title as the country’s best company leader and the employee-owned business is No.2 in the prestigious competition to find the best UK workplaces. Cheering in 44 Childbase Partnership day nurseries in the south of England greeted the announcement in the Best Companies virtual awards ceremony which was relayed to staff who staged tea parties for children in celebration. Mike Thompson, who was rated Best Leader last year and realized his dream of full employee ownership at Childbase Partnership in 2017, paid tribute to his 2,000-plus colleagues whose confidential survey results ...

Haremi Ltd becomes an employee-owned business

Haremi Ltd, the Cheltenham-based educational publishing services provider, announces that it has become an employee-owned business. Founded by Paul Farnworth in 2006, Haremi has grown to become one of the UK’s leading educational content creation services, working across the educational publishing, awarding body and professional membership sectors. Daniel Scales becomes CEO, taking over from Paul, who is retiring from the business to spend more time with his family and pursue other interests. Daniel will manage Haremi along with the existing senior leadership team. Haremi’s 42 employees are now indirect owners of the business, through a ...

EO Stories: Baxendale – Our EO Story

The Baxi Partnership was founded by Philip Baxendale, and his values and his vision reflect the business we are today. The business was founded in 1866 by Richard Baxendale as a family manufacturing and engineering business. The company made everything from street lights to railway trucks and ultimately became Europe’s leading manufacturer of heating boilers with the iconic Baxi Boiler. The company was transferred into employee ownership by the Baxendale and Castleton families in 1983 with the creation of the Baxi Partnership Trust. The creation of the trust was the culmination of years of research by Philip and reflected the distillation of his ...

Member News | Purcell Architects Become Employee Owned

In May 2021, Purcell became an employee-owned business run through an employee-ownership trust. With studios across the United Kingdom, Hong Kong, and Australia, the decision to become employee-owned recognises the practice’s evolution and is a commitment to the next phase in our business’s development and to our multidisciplinary team who have been instrumental to our growth and success. The new employee ownership model will build upon the successes of our past, strengthening the practice and ensuring all our people can contribute to its future. This will invigorate our continued performance and collaborative ways of working, providing a ...

New partnership launches EO accelerator for exiting founders

Stir to Action, J Gadd Associates, TLT, and Triodos Bank UK, together with support from the Employee Ownership Association, today launched a partnership to deliver an Employee Ownership Accelerator in September 2021 for those in the early stages of business succession planning. The five values-driven organisations have formed a new partnership to support business owners who are interested in sharing ownership and success with their employees. Stir to Action, J Gadd Associates, TLT and Triodos Bank UK, have also launched a programme of content and events to champion employee ownership. The employee-ownership sector has seen a growth of 50% since ...

EO Business 3P Innovation Receives a Queen’s Award For International Trade Amidst a Global Pandemic

Announced today, 29th April, Midlands-based manufacturer, 3P innovation has received its second Queen’s Award for Enterprise. This latest award is in recognition for British excellence in International Trade, and follows on from their first Queen’s Award for Innovation last year. Internationally recognised, these are the UK’s most prestigious business awards, which date back to 1966. High-tech engineering company, 3P innovation, works collaboratively with global pharma and medical device businesses to help develop their new products, devices and production processes. This exporting manufacturer is one of a very limited number of companies ...

Member News | Better Placed moves to employee ownership

Digital, marketing, tech and sales recruiter Better Placed has completed its transition to become 100% employee owned. The Better Placed Group, which is headquartered in Leeds, has offices in Manchester and London and includes the executive search practice bpesearch. Founded in 2002, its clients include the Co-op, PZ Cussons, Greene King, Costa Coffee and First Direct. Each of its 40 employees will take a share in the business through an employee ownership trust. Founding Directors Simon Stephens, Andrew Gibson and Dean Bartle and the rest of the board will continue to run the business. The company said employee ownership is a move that ...

Member News | BDB Transitions To 100% Employee-Owned Business

Altrincham-based B2B consultancy, BDB (Barrett Dixon Bell Limited) has established an employee ownership trust, transferring with immediate effect to 100% employee ownership. BDB is one of the first 500 employee-owned companies in the UK, giving its 50-strong team the opportunity to directly benefit from the continued growth of the business. The decision to transition to an employee-owned business was driven by the desire to sustain the company’s independence and protect its culture and values, alongside aiding long-term succession planning. Its previous Board of Directors remains unchanged and is made up of Matt Smith (CEO), Catherine Butcher ...

Member News | Creative Space Management Announces Move To Employee Ownership

Leeds-based property management and urban regeneration business, Creative Space Management, has made the progressive move to an employee ownership model, securing the future of this £1.7m turnover business for its teams operating across the North of England. Established in 2006, shares in Creative Space Management Ltd had previously been owned by three prominent, northern businesspeople: Chris Brown, Toby Hyam and Paul Taylor. The move to employee ownership effectively transfers all business interests to a Trust, which will manage the shares and bonuses on behalf of the firm’s 25 staff members. By transferring the shares to an Employee Owned ...

Member News | Aldridge Trimming transfers ownership to employees.

Wolverhampton based Aldridge Trimming Ltd has become the latest company to join the rapidly growing number of companies across the UK owned by its employees. Founded in the 1930’s, Aldridge Trimming originally provided general trimming services for cars of the 1920’s and 1930’s era. Simon Aldridge took over the business in 1980 and since that time the business has developed a worldwide reputation for supplying quality British made interior trim and bespoke trimming refurbishments for classic car enthusiasts in the UK, Europe and worldwide. The company’s 37 employees now own 100% of the company via an Employee Ownership Trust. Simon’s ...

#EODay countdown to share why business is better together

The EOA is asking members and supporters to share why business is #bettertogether for EO Day 2021. Today marks the 100 day countdown to EO Day 2021, which takes place on June 25. The EOA is asking its members and supporters to mark the annual celebration by making some noise about how individuals, business or economies are better together because of employee ownership. The annual campaign celebrates Employee Ownership and Employee Owned businesses in the UK, raising awareness of the benefits of employee ownership as a business model as well as the social and economic benefits it brings to employee owners. Each EO Day thousands of employee ...

Deb Oxley – EOA Statement on the 2021 UK Budget

"There was a lot to welcome in this important Budget in terms of continuation of pandemic financial support, a programme for economic recovery and investing for the future.  However, we do recognise that for some members, the planned changes to corporation tax will be a concern. "While we heard that there was a freeze on an individual's annual exempt amount for Capital Gains Tax, we still wait to hear the detail of other possible changes and initiatives around the UK tax regime later this month. "We hope March 23rd will herald an end to the uncertainty about a possible rise in CGT following the recent review carried out by the Office of Tax ...

Member News – Denny Bros Group announce plans to become employee owned

Denny Bros Group has announced exciting plans to become employee owned. The group has restructured its ownership so that a majority is now held in trust for the benefit of the employees. A new company, Denny Bros Trustee Ltd, has been formed to administer the trust while Barry and Graham Denny retain a minority shareholding. The previously family-owned group, which has its headquarters based in Bury St Edmunds, reached its 75th anniversary of trading last year and has made this move to safeguard its independent future. Denny Bros Ltd Managing Director, Graham Denny, said: “In the last few years, we have come to the realisation that we ...

Guest Blog – Jenny Herrera: Good Business a no-brainer for Employee-Owned Businesses

I had the privilege of being on a panel alongside Neil Wright of TensCare Ltd in EOA’s November 2020 three-day series of webinars called EO Boost.  We were talking about ‘good business’ as part of a three-part series looking at its benefits for individuals, business and society. I loved hearing his example of how effective employee representation at board level translated into the company branching out into a completely new product, for facial muscles, which is now their biggest selling item!  As our conversation continued ‘off webinar’, Neil learned about the Good Business Charter (GBC), and felt this would be an excellent accreditat...

Member News – Synergy Vision becomes an EO Company

Medical communications specialist Synergy Vision (SV) is now an employee-owned (EO) company, joining a growing movement that includes Aardman Animations, John Lewis, PwC and Riverford Organics. It is a definitive move that further empowers the team to drive long-term growth and deliver the difference for clients in an environment that boosts staff engagement, innovation and motivation and safeguards the intrinsic values of the company. Since inception, a people-focused ethos has been intrinsic to SV. This is most recently evidenced by trailblazing initiatives, such as the four-day working week, successful since 2018, and its Investors in People ...

Member News – Bluesmith Technology Group Moves to Employee Ownership

Data Analytics and Software Development specialist Bluesmith Technology Group has joined the ranks of a growing number of Employee Owned businesses in the region. The founders marked Bluesmith’s ten year anniversary by moving a majority 75% shareholding into an employee ownership trust (EOT), with all staff automatically benefitting from the future success of the business. The move has been welcomed by blue chip customers including Yorkshire Water, Co-op and Oliver Wyman. The EOT model of ownership is an increasingly popular alternative to the traditional trade sale or merger, and provides tax-free bonuses for staff as well as tax breaks ...

Member News – Utility contractor Falco transitions to employee ownership

Utilities contractor, Falco Construction Limited has announced it is now employee-owned. The London-based company, established in 2004 by Brendan Griffin, has transitioned its ownership structure to an Employee Ownership Trust (EOT). Many of Falco’s twenty-seven full-time staff have been with the firm throughout its rapid development and the transition to employee ownership was the logical next step in its development says the company’s founder, Brendan Griffin: “The creation of an EOT enables us to preserve the legacy of the Falco brand and maintain its status as an established partner for utility providers well into the future,” he ...

EOA Launches EO Trustee Search to help EO businesses build good governance

The EOA has launched the EO Trustee Search to support EOA members to recruit Independent Trustees.  The new suite of services provides three distinct options for employee-owned businesses seeking to acquire the services of an Independent Trustee to help them deliver robust governance.   The EOA believes that employing an Independent Trustee, on the employee ownership trust,  provides objective insight and support to represent the interests of the business’ employee owners and deliver on the purpose of the business.  As well as the EOA’s self-service option, two EOA members have partnered with other organisations to offer two additi...

Big four firm PwC joins EOA after continued growth of the EOT model

PwC has joined the EOA after seeing the continued growth of businesses becoming employee owned via an employee ownership trust (EOT). As one of the big four professional services firms, the business sees the relevance of employee ownership after seeing the sector’s continued strong growth despite the pandemic. PwC has been involved in a number of EOT transactions including advising on tax, valuations, structuring, modelling, legal, debt advisory, employee communications and governance. The values of the sector are seen as a great fit with PWC’s purpose to “build trust in society and solve important problems”. More than 50% of the ...

EOA Member News – Gripple Crowned Manufacturer of the Year

The EOA congratulates the employee owners at EOA Member Gripple on having won big in the Make UK awards, taking home the title of "Manufacturer of the Year" recognising their success in what remains challenging and unprecedented times for UK Manufacturing. They also won the ‘Business Growth and Strategy’ and ‘Developing Future Talent’ awards, both demonstrating that putting people, innovation and world class manufacturing at the heart of the business drives their success. You can find out what Gripple have to say about winning these awards, as well as the videos they submitted here.

CEO Blog – Staying on course to Better Business

Whilst the entire world has been buffeted and blown around by the pandemic, there has never been a more important time for organisations to stay agile and to stay focused on their purpose. Of course, it has been essential to divert valuable resources to manage the national response to COVID19 here in the UK.  However, the implications of this approach on the longer-term challenges are profound, for example in the NHS, where waiting lists for non-COVID related illness are now at an all-time high and not expected to recover to pre-COVID levels for many years, putting at risk the NHS’ very purpose of being ‘free at the point of need’. In a ...

EOA Member News – Agulhas becomes an Employee-Owned Trust

At the start of 2021, Agulhas became an Employee-Owned Trust. They are now owned and run by those who know Agulhas and our values best – their people. Agulhas’ principles are central to everything they do as an organisation. After almost 20 years building a company based on these values, becoming an Employee-Owned Trust will ensure that Agulhas continues to grow and be nurtured by those who embody these values, ensuring a sustainable future for the company. As an Employee-Owned Trust, employees will be invested in Agulhas Applied Knowledge for as long as they work for the company. The Trust will be managed by a Board, who represent all ...

EOA Member News – Interface NRM Ltd announces Employee Ownership Transition

EOA members Interface NRM Ltd have officially announced their transition to an employee ownership trust model, with founders Dr Gavin Jordan and Mike Greenland parting with 80% of their shares as the company became officially employee owned on the 6th of January. Dr Gavin Jordan and Mike Greenland established Interface NRM Ltd in 2002, they set up the company in the West Midlands as an ethically driven business, with the aim to increase the sustainability of wood being used in the UK, and to improve the environmental, social, health and safety performance of forestry, construction, manufacturing, service and design companies.  Since then, the ...