Advena Limited - John Adcock, Managing Director
John Adcock, managing director at Advena, said: “Leaving the EU was a concern to us, mainly due to the ongoing uncertainty about whether or not we will be able to proceed with our EU Authorised Representative service which provides help, advice and a legal trading footing to our global clients.”
Mark Ashfield, Director, HB&O, said: “John has adopted a sensible approach to Brexit and by registering a subsidiary of its business in Malta so quickly, he has given his business immediate stability. Thanks to our relationship with DFK partners in Malta, we were able to support Advena with confidence. This included securing high quality, reliable accountancy support, sourcing suitable registered premises and setting up bank accounts, among other priorities.”
The move to Malta means that the firm will continue to trade as an EU business for an indefinite period, retaining its relationships with existing clients.
John continued: “With HB&O’s support, we were able to put our plans into action without delay, safe in the knowledge we would be working with an established firm in the DFK Network. As a result, we haven’t lost any clients due to Brexit, and we are currently adding around two companies a month to our client base.”