Client Story

Corporate Partner praised following creative agency’s move to employee-owned trust

15th February 2024

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Oliver Tomlinson, the founder of London-based TDL creative, turned to HCR’s Head of Corporate in Cheltenham, Tim Ward, when he decided to sell 100% of his ownership of the creative agency to an employee ownership trust.

This meant that instead of selling to another company, Oliver was able to hand the business over to his employees – who care about it’s future and want what’s best for it.

The trust acts on behalf of, and for the benefit of, the team at TDL. Tim and the Corporate team worked with Oliver and business advisers Hazlewoods to ensure everything was set up with HMRC and Companies House.

Following the creation of TDL’s employee-owned trust, Oliver provided this testimonial for Tim and the Corporate team:

“For me, the EOT is a bit like a TDL rebirth. But this time round there’s a very clear goal; to hand over a growing company to the people who are responsible for its success, the people who make TDL great, the TDL team. I’d like to thank Tim Ward and the Corporate team at HCR for their deft assistance throughout.”

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