Gateley SVP Preparation Flashcards
In what year was Gateley established and what was is known as then?
1805 known as Stephen Gateley & Sons
When and with whom did Gateley merge?
1970s with Bernard Wareing
When did Gateley become an LLP?
Early 2000s
How many offices does Gateley and its associated companies have?
21 (over 20)
What benefits does plc structure offer to Gateley?
Shares as acquisition currency
Easier to raise debt
Keeps shareholders (particularly partners) invested in the success of the business.
What was Gateley’s market capitalisation upon entry to the AIM?
£100 Million
What are the potential drawbacks of a plc structure?
Higher levels of compliance and financial reporting in accordance with LSE rules and EU securities law.
*However AIM is less regulated and therefore does not encumber Gateley in the same way as a LSE listing might
Shares diluted for partners
What are the four business streams/platforms?
People, Property, Business Services, Corporate
*Gateley Legal cuts across all platforms
Describe the People platform
Business psychologists, human capital, consultancy on strategy, changing business behaviours
Describe the Property platform
Property lawyers- (real estate/construction/planning) as well as surveyors, property tax consultants.
Describe the Corporate platform
Corporate law (M&A) + Gateley Global- new market entry consultancy for both public and private sectors
Describe the Business Services platform
Dispute resolution, employment, governance, business consultancy, forensics, IP
FY22 Annual Report- group revenue
£137 Million
FY2022 Annual Report- group profit after tax
£14.1 Million
Highest share price since 2015
238.00p- 11th October 2021
