Hear from our customers – how they use Kudocs and why they love it!

  • Dormant Accounts

    Published: 19 October 2020 3:43 pm  Author:

    Dormant Accounts

    Customers use Kudocs to manage a large number of dormant companies. They don’t need to do much: at a minimum it’s just filing a confirmation statement and dormant accounts every year. “Previously we used to ask our accountants to do this but I’ve now started using Kudocs. I didn’t realise how simple it was (and

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  • Bulk contact update

    Published: 3:43 pm  Author:

    Bulk contact update

    A company with a very large shareholder base wanted to migrate all of its shareholder contact information into Kudocs. It would have been a time consuming and daunting task (with lots of risk of error) to have to add that information manually. The bulk import tool meant that it could be done in moments: a

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  • Subdivision

    Published: 3:43 pm  Author:

    Subdivision

    In order to prepare for a future investment, the current shareholders needed to adjust their shareholdings. Kudocs was used for the subdivision. “We had multiple shareholders, with different shareholdings and were subdividing by a slightly complicated amount. It’s not difficult, but time consuming, to work out the new shareholdings myself, but Kudocs did it all

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  • Cancellation

    Published: 3:42 pm  Author:

    Cancellation

    As part of the various steps in a share reorganisation, a fast-growing startup needed to cancel a number of shares (by buy back) before being able to proceed to the next steps (including running shareholder resolutions using the correct, new shareholdings and voting percentages). The company obtained the necessary approvals off system, and was then

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  • Redesignation

    Published: 3:42 pm  Author:

    Redesignation

    Following a recent major investment, a company needed to reorganise its share capital as part of the completion tasks.  Redesignating some of the existing shares was just one element that Kudocs was used for.  It was very easy and fast to do and all the necessary outputs were taken care of, by the system –

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  • Adopt new articles of association

    Published: 3:42 pm  Author:

    Adopt new articles of association

    Having incorporated a company using Kudocs, this company wanted to change it articles of association. The whole process took a matter of minutes and the Kudocs settings updated immediately to take into account any relevant changes that the new articles introduced.

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  • Pre-emption standalone

    Published: 3:42 pm  Author:

    Pre-emption standalone

    “We often want to know what pre-emption would look like if we were to raise a certain amount of money, or at a certain price. We’ve got a relatively complicated set of rules for calculating pre-emption, which Kudocs is able to accomodate. Having a standalone process to model what it might look like is great.

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  • Pre-emption

    Published: 3:41 pm  Author:

    Pre-emption

    A market-leading platform used Kudocs to run a recent share issue. Looking to raise £5m with over 60 existing shareholders, the company used Kudocs to: seek shareholder authority to issue new shares run pre-emption (including calculating pre-emption entitlements and allowing over-subscription) issue new shares, generate deeds of adherence and electronic share certificates The company did

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  • SEIS and EIS forms

    Published: 3:41 pm  Author:

    SEIS and EIS forms

    Like share certificates, SEIS 3 and EIS 3 forms (the forms you send to investors following a qualifying investment) are important, time consuming and contain a lot of repeat information. And they tend to be things to do after the excitement of a transaction is over, and tend to get delayed or forgotten. Use Kudocs

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  • Share issue

    Published: 3:41 pm  Author:

    Share issue

    A customer needed to issue shares to existing and new shareholders. Kudocs took the strain of all of the admin leg work, even with relatively complex pre-conditions and processes to meet before the issue could proceed. “It was – and I am reluctant to use the phrase – done at the click of a button.

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