Davon Ltd.
Problem
Davon Ltd. had a solid business, loyal clients, and decades of success behind it. But since its formation in 1996, the company structure had become too complex.
Ownership was spread across several entities. Shareholdings weren’t aligned with leadership. And the structure made it difficult to meet commercial objectives and plan for the future.
The directors knew that things needed simplifying and came to us with four clear objectives:
- Future-proof the business so it could grow and evolve without disruption
- Create flexibility around how they managed their roles, responsibilities, and returns
- Plan succession on their own terms, with minimal friction when the time came
- Stay compliant and avoid triggering unexpected tax liabilities along the way
Solution
We started with in-depth discussions with the directors to understand the full picture, including legacy ownership, family relationships and commercial objectives.
From there, we got to work designing a structure that stripped out the confusion and put the directors back in control.
The plan included:
- New shareholding and legal entity structure to strengthen asset protection
- Succession planning tools built into the structure, ready for leadership handover
- Defined director and shareholder roles, reducing confusion and improving decision-making
- Tax-efficient setup to manage potential exposure to CGT, IHT, and corporation tax
A crucial element was securing HMRC clearance, confirming our strategy was a legitimate commercial grouping rather than a tax avoidance scheme. With an upfront agreement, the shareholders had reassurance that the restructuring would be smooth, compliant, and without tax penalties.
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“We wanted to future-proof the company and give ourselves more flexibility to manage our roles and returns going forward. The advice we received from Butt Miller was strategic, precise, and well thought through. We now have a robust structure in place to support our long-term plans, and we’re grateful for their expertise.”
How we've had an impact for our customers...
Benefits of using Butt Miller for your Business advisory
Davon’s directors and shareholders now have a future-proof structure that supports the business, its assets and its people. The result wasn’t just a technical success, but a foundation for ongoing stability, resilience, and growth.
If your company structure has become too complex, or you’re starting to think seriously about succession, exit planning, or long-term tax efficiency, Butt Miller can help.
Many successful owner-managed businesses reach a point where what once worked now needs a rethink. We specialise in helping business establish clarity and control, while protecting assets and minimising the tax cost.
If you’re looking for a trusted advisor to offer strategic insight, technical expertise, and calm, plain-English advice, contact us today.
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