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The services Milsted Langdon provide for listed companies

From their offices in Bristol, Taunton and Yeovil, the AIM team at Milsted Langdon provides a full range of services to companies listed on the London Stock Exchange (LSE), AIM (Alternative Investment Market) and the PLUS Stock Exchange (PLUS-SX).

The AIM team currently acts for Bright Futures Group plc (PLUS markets listed), TrakM8 plc (AIM listed), Energy Technique plc (AIM listed), PSG Group plc (AIM listed) and Asite Ltd (recently de-listed from AIM).

The team comprises of Nigel Fry (large audit partner), Jonathan Langdon (Chairman and audit partner), Tim Rowe (manager / IFRS audit and accounts expert) Rob Chedzoy and Simon Denton (corporation tax expertise) and Susannah Adams (corporate finance senior manager – short form and long form reporting and due diligence) and they have a great deal of experience in working with these businesses, and a significant number of other listed business for various one off and consultancy assignments.

The AIM team prepares the accounts for the LSE and AIM-listed companies to International Financial Reporting Standards (IFRS), with which they are required to comply.

Companies seeking a listing on either market are also required to work to IFRS standards and they assist with this as part of their service throughout the flotation process.

The team also advise the businesses considering their options for a stock market flotation, including which market is best suited to their circumstances, and also draw up documentation required as part of a flotation.

These include the long form report prepared for the company directors and their nominated advisor (NOMAD), who works with companies seeking flotation to AIM, advising them on their suitability for flotation, project managing the process and subsequently acting effectively as their regulator.

The long form report is a type of due diligence, which explores all aspects of the company, its finances and its operations, with the aim of identifying any issues that could affect a listing and solutions to any problems. The report may include financial modelling to map the company’s financial viability as it goes forward.

The AIM team also prepares short form financial reports for the admission document, which companies seeking admission to AIM must produce, and prospectus. The short form report brings together financial statements for the last three years to assist potential investors.