Valuation of a company providing IT consultancy
Appointment Type: Single Joint Expert
Service Area: Valuations, Divorce and Matrimonial Matters
Litigation Type: Matrimonial
Size of Case: Under £100,000
Valuation of a UK company providing IT consultants to UK businesses and its Indian subsidiary which provided staff to the UK company. The valuation was made more complex by the fact that the UK company had recently lost its licence allowing it to employ consultants from India and was therefore having to change the way in which it operated. The Indian company had also been the subject of two court cases resulting in significant liabilities. Also instructed to consider the level of income that could be draw from the companies and the likely future profits and tax consequences of a transfer of shares.