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Penningtons Manches Cooper advises SOCOTEC on its acquisition of Lloyds Datum Group
Posted: 25/09/2025
The corporate team at Penningtons Manches Cooper has advised SOCOTEC UK & Ireland, the leading provider of testing, inspection, compliance and certification services for the construction, infrastructure, and environmental sectors in the UK and Ireland on the acquisition of Lloyds Datum Group, experts in foundation testing......>>
Companies House confirms local statutory registers for directors, secretaries and PSCs to be abolished – key points for businesses
Posted: 02/09/2025
Companies House has confirmed that, from 18 November 2025, companies will no longer be required to maintain their own 'local' statutory registers of directors, directors' residential addresses, company secretaries and persons with significant control (PSCs). These changes are being introduced alongside the key rollout of mandatory identity......>>
Companies House confirms mandatory identity verification from 18 November 2025 – what businesses need to know
Posted: 02/09/2025
Companies House has confirmed that compulsory identity verification (IDV) will be phased in from 18 November 2025. This is a key milestone in the implementation of the Economic Crime and Corporate Transparency Act 2023, which aims to strengthen the integrity of the UK's corporate registers and reduce fraud......>>
Fail to prepare, prepare to fail (to prevent fraud)!
Posted: 27/08/2025
The new corporate offence of failure to prevent fraud comes into force from 1 September 2025. Businesses now face not only the adverse effects of fraud itself but also the regulatory consequences - including unlimited fines and reputational damage - of having failed to prevent it. The new legislation only applies to 'large' organisations but......>>
Penningtons Manches Cooper advises Your.Cloud on its acquisition of Comm-Tech Voice & Data Limited
Posted: 20/08/2025
The corporate team at Penningtons Manches Cooper has advised Your.Cloud, a Dutch based leading European MSP serial acquirer, on its acquisition of Comm-Tech Voice & Data Limited, a data and IT services provider based in Norfolk. Your.Cloud is a leading European investment and operating platform focused on building premium......>>
Penningtons Manches Cooper advises SOCOTEC UK Limited on the acquisition of United Kingdom Testing & Certification Limited
Posted: 05/08/2025
The corporate team at Penningtons Manches Cooper has advised SOCOTEC UK, the UK’s leading provider, and a leading European player, in testing, inspection and certification services in the construction and environment sectors, on the acquisition of United Kingdom Testing & Certification Limited (UKTC). SOCOTEC UK is a leading provider......>>
PISCES: a new future for capital markets
Posted: 29/07/2025
The Financial Conduct Authority (FCA) has published its final rules to support the launch of the Private Intermittent Securities and Capital Exchange System (PISCES). This innovative, regulated platform will enable intermittent trading in private company shares within a controlled environment. PISCES blends features from both capital markets......>>
Taking control of the school (cash) register
Posted: 18/07/2025
Independent schools are typically registered as charities and therefore adopt a higher standard of practice in their operation. Their insolvency attracts a suite of particular considerations that can be problematic if not planned for......>>
Avoiding detention as a trustee of an independent school
Posted: 17/07/2025
With financial pressures ever increasing in the independent school sector, trustees must be alive to solvency issues now more than ever. Despite typically being laypersons, trustees are expected to have the same knowledge as a professional director and ensure that an independent school does not enter into an academic year without knowing if it will complete it......>>
Unveiling the hidden fault lines: how VAT exposes deeper financial vulnerabilities in private schools
Posted: 23/06/2025
The imposition of VAT on private school fees has put a number of schools under renewed financial pressure. Politically presented as a levelling measure between the state and private sectors, it has had a clear operational impact. But from a restructuring and insolvency perspective, VAT is not the root cause of distress – it is the trigger that is......>>
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