THE KEY CRITERION FOR A COMPANY TO GO PUBLIC IN THE UK
In the UK, a company can go public by listing its shares on a stock exchange, such as the London Stock Exchange (LSE). However, going public is a complex and expensive process, and companies need to carefully consider whether it is the right option for them. Here we look at the key criterion for a company to go public in the UK.
Size and profitability: Companies considering going public should have a track record of consistent profitability and a minimum revenue threshold of at least £100 million, although this can vary depending on the sector.
Growth potential: Public markets are often seen as a way to raise capital to support growth, so companies considering going public should have a clear growth strategy and a demonstrable potential for future growth.
Market conditions: Companies should carefully consider the current market conditions, including investor sentiment, economic conditions, and any regulatory or political risks that could impact the IPO process.
Management team: Companies should have a strong and experienced management team in place, with a track record of success in managing a public company.
Financial reporting and governance: Companies should have robust financial reporting and governance structures in place, as they will be subject to increased scrutiny from regulators and investors.
Professional advisors: Companies considering going public should seek the advice of professional advisors, including lawyers, accountants, and investment bankers, to help them navigate the complex IPO process and ensure that they meet all legal and regulatory requirements.
Overall, going public can be a significant milestone for a company, providing access to new sources of capital and raising its public profile. However, companies need to carefully consider whether it is the right option for them, and ensure that they meet all the key criteria before proceeding with an IPO.
THE ROLE OF THE COMPANY SECRETARY
THE ROLE OF THE TREASURER IN A UK PUBLIC COMPANY