Goldteam Recruitment Ltd

Goldteam is a terrific example of an entrepreneurial success story. From modest beginnings Naveed has built a very successful and fast growing business, offering highly innovative solutions to its growing customer base.

The business operates in an environment where its customers are under severe cost pressures whilst also having to comply with ever stricter legislation.  Goldteam have embraced these conditions and developed an innovative technology-based proposition to enable its customers to meet these tough compliance demands and keep costs under control.

Naveed is rightly proud of what he has achieved so far and has ambitious plans for the future.  Already profitable and cash generative the business is well placed to continue its investment in people, technology and premises to facilitate the planned rapid growth.  That said, rapid growth invariably consumes, rather than generates, cash and Naveed may well need to seek external finance, whether debt or equity, to facilitate those growth plans.

Equally important is the need to enhance and protect Goldteam’s core intellectual property, in particular its self-developed IT platforms.  This intellectual property is key to the company’s competitive advantage and the value of the business.  Tax may also be a significant consideration – particularly with an international business.  Getting the structure right (or wrong!) can have a very significant impact on tax burden, both now and on any future sale of the business.

Alan Poole, Director, James Cowper Kreston LLP

0118 9590261 or email apoole@jamescowper.co.uk