Northcoders focused on growth with support from Azets
Northcoders offers a range of training and software development solutions to individual and corporate customers. The Company’s offering includes ‘bootcamp’ training courses, government funded apprenticeships, bespoke training courses and software development solutions.
After working with Azets for a few months, Northcoders took the decision to pursue an AIM flotation in March 2021. This presents significant additional challenges for a business on a number of fronts, not least in getting historic financial records converted to IFRS and market-ready.
The Technical Accounting Team at Azets took on a wide-ranging role to help convert results to IFRS, prepare all historical financial information for AIM, provide support throughout the audit process, and work on structuring the business in a market-ready way whilst also being tax efficient. Azets also worked on EMI option grants and advisory, as well as maintaining other compliance functions.
Northcoders successfully listed in July 2021 and Azets were a critical part of that process. The team continue to be heavily involved in the post-admission Plc reporting process as well as providing wider support to the group.
Azets continues to support the group following its appointment through ongoing Plc accounting and taxation support, as the group focuses on its growth ambitions to create a substantial network of Northcoders hubs across the UK.
Our Technical Accounting Team have been involved in a number of high-profile Initial Public Offerings (IPOs) across the country, as well as performing accounting advisory, option valuations, structuring and acquisition accounting valuations for a range of quoted and unquoted companies.