Business

Fiercely Independent - North East Based - With A Global Outlook

Issue 91

Delivering exceptional financial, corporate finance and strategic advice for over 120 years.

Ryecroft Glenton (RG) is the North East’s leading, independent advisory firm. However, don’t assume that because their head office is in this part of the world (they’re based in Jesmond) they don’t have a national and international outlook. They do.

They’re hugely successful and have just announced the firm’s most successful year to date in RG’s 122 year history.

“We’ve had a phenomenal few years,” said Carl Swansbury who heads up RG’s Corporate Finance service line (RGCF). “To achieve record results at a time when we are just coming out of Covid, still feeling the after-effects of Brexit and disruption to the supply chain, seeing a squeeze on everyone’s finances caused by the war in Ukraine, rising inflation and interest rates being hiked, has been an incredible achievement by everyone here at Ryecroft Glenton.

But it also shows that while there is a temptation for businesses and individuals to hunker down and make the best of things, we have been super-active in helping our clients to weather what in many respects has been a perfect storm. People are nervous, they’re feeling anxious, they have less cash in their pocket, so it means that some businesses, especially those which rely on people making choices such as the hospitality industry, travel, tourism and retail, will find it difficult until the situation improves.

We are fortunate in that as well as operating here in the North East, we have hundreds of clients scattered across the UK. This means we can study how the geographical location of businesses can have an effect. It can even show where funding is…or isn’t… available.

However, although every business is unique, one thing is certain: they will all have to face change. The events of the last few years have changed the business landscape forever. Businesses are flooded with data, and at times it can be overwhelming. That’s why we are here to help.”

Ryecroft Glenton can help in six particular areas of business… Corporate Finance…Business Tax…Personal Tax…Accounts and Outsourced Services…Audit and Assurance…and Wealth Management.

Ryecroft Glenton Corporate Finance has a team of 22 highly skilled Corporate Finance lead advisors, transactional tax specialists and financial and tax due diligence experts, which makes RGCF the largest Corporate Finance boutique in the region.

“Last year we advised on dozens of transactions, which makes us one of the largest and most active Corporate Finance boutiques in the North East. We’ve been involved in advising companies in the technology, professional services, human capital, health care and manufacturing & industrials sectors , and because we advise on acquisitions, disposals, fund raising, MBOs and MBIs, we are well placed to advise shareholders of businesses which are going through growth, change and transformation. We can advise them on how to find their way through any economic cycle.”

So why has Ryecroft Glenton been so successful?

“We are fortunate to work with some exceptional entrepreneurs, businesses and investors,” adds Carl. “No matter what state the market is in, there are opportunities. We spot them and advise our clients accordingly. We’ve also done a great job in attracting the best talent. We continue to bring in culturally aligned people who have the same values as us and who are technically on point. We are also fiercely independent. We have thirteen partners who own and run the business. We practice what we preach and will never be part of a national or international, faceless firm, which has no real identity.

“We are also at the centre of business in the North East. It’s why our frequent…and free…events and webinars are so well attended, giving the chance for businesses and investors, small and large, to speak freely with other like-minded individuals and businesses as well as being able to talk to senior people from Ryecroft Glenton. We want to help any business on their journey and one of the best ways to do that is to broaden their network… which is what our events achieve.”

Interested? You should be.

The next event will be a webinar on June 7th 12.30-14,.00 where RGCF will be joined by a panel of entrepreneurs and leading business figures to deliver an interactive masterclass on how to maximise the value and attractiveness of your recruitment business and the options available to realise that value tax efficiently, whether it be through the sale of the business to a strategic trade buyer, certain members of your existing management team or to all of your employees, via an Employee Ownership Trust.

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