The privately owned company has grown to become one of the largest independent life safety systems providers and integrators in the UK with regional offices providing a local service to national customers.
Trinity Fire and Security Systems Limited were established in Exeter in 1997 and specialise in the design, installation, commissioning and aftercare of fire and security systems. They have become a highly respected national provider operating from ten regional office locations.
The company’s success has been achieved on a solid foundation of in-house expertise, the reliability of service and an ethos of providing first class delivery. From the outset, Trinity invested in the development of a specialist technical workforce supported by a highly experienced management team. They are acknowledged as employing some of the best engineers in the industry and now have over 340 employees.
In January 2019, after 22 years of successful trading, Trinity was acquired by Premier Technical Services Group Plc, a leading niche specialist service provider in the Facilities Management and construction sectors.
Thompson Jenner’s association with Trinity goes back to 2013 when we were appointed as auditors, acting for the company until their acquisition in 2019. During our six-year appointment we had the pleasure of working closely with the Trinity board of directors and management team, forming strong relationships and identifying with the company’s vision for the future.
One of the early special assignments undertaken was working on a staff tax efficient share scheme. This was successfully implemented ensuring that employee loyalty and interests were aligned with the those of the shareholders and that staff would be rewarded in a tax-efficient way.
In the two years leading up to acquisition we assisted Trinity in their preparation to take the company to market. We helped evaluate the merits of any potential targets for either merger or acquisition and the suitability of any potential arrangement. When the eventual acquirer was agreed we gave our full support on the deal construction, negotiation strategy, terms and conditions of the sale and the optimisation of the tax and financial position within the new enterprise.
We are proud to have played our part in the Trinity success story, providing them with audit and tax services as well as proactive, strategic and business advice and support, which has been an integral part of supporting the company’s significant growth, continued success and eventual acquisition.
Our relationship with the Trinity team has not ended and we are very pleased to be continuing our relationship acting for the Directors and key staff at a personal level. This includes Capital Gains and Inheritance Tax planning as well as Pension planning and wealth management through our sister company, Thomson Jenner Financial Services.
Services that we provided to Trinity included:
Thompson Jenner were appointed as our auditors in 2013 after demonstrating a refreshingly robust and pro-active approach in our selection process. They gave us an excellent service from day one, performing our audit requirements in a fuss-free, professional and timely way and delivering great ad hoc business and tax advice throughout the year. Simon Lewis and his team built a full understanding of our business, its issues, our taxation planning needs, as well as our expansion plans for the future. Their help and support in taking the business to market and the eventual acquisition process was invaluable.
Although Thompson Jenner no longer act for Trinity as a consequence of our acquisition by Premier Technical Services Group Plc, I can thoroughly recommend Thompson Jenner as auditors as well as providers of proactive accounting, business and tax advice at the highest level. I am delighted to be continuing the relationship with the team at Thompson Jenner for my personal tax affairs.
Paul Clayton, Finance Director, Trinity Fire and Security Systems Limited.
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