Audited Results for the year ended 31 August 2017

18 January 2018 download PDF
  • Audited Results for the year ended 31 August 2017

     

    Capital for Colleagues, the investment vehicle focused on opportunities in the Employee Owned Business (‘EOB’) sector, is pleased to announce its audited results for the year ended 31 August 2017.

     

    CHIEF EXECUTIVE’S STATEMENT

    Employee ownership is acknowledged to improve productivity and create wealth as well as having the potential for attractive commercial returns for investors. Capital for Colleagues PLC (C4C) provides capital to existing and aspiring employee-owned businesses (EOBs) and helps them to become effective and profitable organisations driven by the ethos of employee ownership. 

     

    C4C tends to be agnostic in terms of business sector and structures its investments to reflect the individual requirements and prospects of each investee company. As a result, the funding we provide is very flexible and can take the form of debt, equity or both. The premise underlying all our investments is that they should facilitate the full engagement of employees in a business. A range of loans and equity investments have been made in unquoted businesses, generating income from dividends, interest and fees. Ultimately, the Board and investors will measure success based on a long-term increase in net asset value expressed as NAV per share. Although we are patient investors, all our investments need to offer an eventual opportunity to exit or be expected to return capital while still providing an attractive dividend or profit stream.