Unlocking Hidden Cash Case Study

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Unlocking Hidden Cash Case Study

The Challenge
To identify and unlock hidden cash and cash equivalents (time and resources) through efficiencies in company secretarial ways of working and rationalising external service providers. The aim was to free up time to enable the team to start new projects and identify cost savings so they could be commence ahead of the year-end budgeting process on a cost neutral basis.
The Solution

We reviewed external service providers (from overseas company secretarial service providers to company lawyers), their contracts, together with all company secretarial software licenses; entity management, board pack collation, share plan and insider list software. We negotiated preferential rates as appropriate based on our strong relationships with providers and experience of pricing.

 

On request we also carried out a full benchmarking review of the company secretarial department budget saving further money for the company. Finally, we unlocked over £1m of untapped cash/assets and made amendments to the company’s articles of association to enable its return.

Benefits

We exceeded our client’s expectations many times over on this project because of our experience of this type of work. Our services provided a phenomenal return on investment for our client.

Return on Investment – 2000%

Client:

Unlocking over £1.4m of ‘hidden’ cash.

Project type:

Undisclosed international FTSE company.

Our Services
5 2

Advice for Boards

Support and advice on all aspects of being a director and board responsibilities. Resolve director dynamics, benchmark yourselves and successfully discharge your duties.

5 3

Advice for Boards

Support and advice on all aspects of being a director and board responsibilities. Resolve director dynamics, benchmark yourselves and successfully discharge your duties.

6

Board Effectiveness Reviews

Assess the effectiveness of the board, advise and support on internal reviews and act as an independent intermediary collating annual evaluation questionnaire responses.

6 1

Board Effectiveness Reviews

Assess the effectiveness of the board, advise and support on internal reviews and act as an independent intermediary collating annual evaluation questionnaire responses.

1 4

Meeting Administration Reviews

Increase the effectiveness of board, committee and management meetings and decision making, streamline meeting papers and cut unnecessary bureaucracy.

1 5

Meeting Administration Reviews

Increase the effectiveness of board, committee and management meetings and decision making, streamline meeting papers and cut unnecessary bureaucracy.

3 4

Governing Document Reviews

Introduce or update the board’s matters reserved, committee terms of reference, articles of association, director service agreements, and all board approved policies and procedures.

3 5

Governing Document Reviews

Introduce or update the board’s matters reserved, committee terms of reference, articles of association, director service agreements, and all board approved policies and procedures.

4 4

Skills and Diversity Audits

Identify the skills and diversity gaps on your board, assess what is required and make plans to address them.

4 5

Skills and Diversity Audits

Identify the skills and diversity gaps on your board, assess what is required and make plans to address them.

2 4

Succession Planning

A-Z advice and solutions for planned and unexpected Chairman, CEO, CFO and senior leader succession in listed, unlisted and family run companies.

2 5

Succession Planning

A-Z advice and solutions for planned and unexpected Chairman, CEO, CFO and senior leader succession in listed, unlisted and family run companies.

Our Partnerships

We believe great brands should help one another, which is why we have partnered with some amazing people and companies who have a similar ethos and outlook on life as we do:

 

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TESTIMONIALS

Client Reviews

What our clients say about us

Edwina Blackford
Edwina Blackford
Governance Director, Ruffer LLP
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Laura Slack
Environment and Sustainability Agent
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Tim Parfitt
Tim Parfitt
CEO of Netcel Limited.
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* 88.8% client retention after Governance Gap Analysis. Beyond Governance works with efficiency and commercial pragmatism to channel their experience to assist Netcel...
Company Secretary
FTSE 250 Investment Management Firm
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* 95% of listed companies reduced their board packs by more than 150 pages working with us Beyond Governance has brought a fresh way of thinking and lots of new design ideas to our annual report process..
Jason Bullock
Jason Bullock
CEO of Numerous Limited
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* 93.8% of business owners felt they gained greater control over their business, process and delegation of authority We invited Beyond Governance in to carry out a governance review and learnt a lot from the experience. We now understand the next level..
Charly Young
Charly Young
CEO, The Girls' Network
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* 80.0% of charity boards felt we made a significant contribution to their efficiency and effective. Beyond Governance have provided vital support in reviewing and developing policy documents and governance practices helping us to ensure that the charity is running ..
Company Secretary
FTSE 250 Investment Management Firm
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* 82.5% of Company Secretaries said they benefited from our cross-sector insights. Beyond Governance has brought a fresh way of thinking and lots of new design ideas to our annual report process which I have found incredibly helpful.
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