Conversion to LLP Status
In common with many professional firms, the business of Poppleton & Appleby has transferred into a limited liability partnership. This became effective on July 2014 and the new entity is called Churchill Corporate Solutions LLP (Number OC393802), although we will continue to trade with the trading style Poppleton & Appleby.
Why the transfer to an LLP
The principal reason for the transfer to a limited liability partnership is that this is an alternative corporate business vehicle that provides the benefits of limited liability but allows its members the flexibility of organising their internal structure as a traditional partnership. It is set up with Members rather than Partners or Shareholders. This restructuring should provide us with a stronger, more dynamic and modern corporate structure which will allow us to continue to grow and develop.
Will we still have Partners?
Poppleton & Appleby will continue to use the term Partner but it will mean a Member of Churchill Corporate Solutions LLP, business turnaround and insolvency specialists.
Professional Indemnity Insurance
We will continue to maintain the same level of cover as that which was in place for the former Partnership.
Impact on our Clients?
There will be minimal practical changes for our clients as the day to day business will be unaffected. We will of course send revised engagement letters when and if necessary and at this stage, contacts and payment references shall remain the same.’