This statement was last updated on 12 October 2023.

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Chief Executive Officer’s statement

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This statement is made in accordance with section 54 (1) of the Modern Slavery Act 2015 and constitutes the slavery and human trafficking statement for the financial year ending 26 July 2024. Modern slavery encompasses human trafficking and slavery, servitude and forced or compulsory labour. The statement applies to Blackbird Capital Limited and its trading subsidiaries during the period under review Blackbird Capital Limited. All references in this statement to policies and systems in place are relevant to Blackbird Capital Limited.  References to ‘Blackbird,’  ‘us’ ‘we’ relate to all the companies within the Blackbird Capital Limited.

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Blackbird Capital Limited is the AIM-listed holding company of a leading UK specialist business advisory group established in 2007.

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Blackbird Capital Limited offers a complementary range of advisory services to companies, lenders, investors and other stakeholders, as well as individuals.

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These services include:

• Company sales

• Corporate Finance services

• Business brokerage services

• Business Transfer

• Research & Development tax credit advisory

• Specialist tax advice

• Restructuring advisory: formal insolvency appointments; informal restructuring advisory; personal insolvency and pension restructuring, and insolvency advice.

• Financial advisory: comprehensive analysis of business performance through business toolkit; independent reviews; stakeholder management and turnaround; and interim support.

• Creditor Services: creditor representation; and liquidations.

• Forensic accounting and expert witness: forensic investigations; intelligence; and forensic accounting.

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Blackbird Capital Limited is opposed to slavery and human trafficking and is committed to preventing it from occurring within its business and supply chain.

Maintaining our business integrity and high ethical standards is fundamental to Blackbird Capital Limited culture and our working relationships. We are committed to ensuring that our ongoing business operations continue to be free from modern slavery or human trafficking.

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Business risk

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We endorse the transparency that the Modern Slavery Act encourages and the professional referrers we work with are subjected to due diligence processes, which obligate them to respect human rights including the elimination of modern slavery and human trafficking within their business operations and supply chains. Contractors and consultants working on site at our premises also have the right to protection against modern slavery or human trafficking as part of the Group’s Whistleblowing Policy.

 

Supply chain risk

 

Given the nature of the companies business, we have determined that our primary area of focus for the purposes of addressing the risk of slavery and human trafficking in our business lies in our supply chain.

The supply chain includes both external suppliers and professional service advisers (i.e. lawyers, accountants) we instruct on assignments. We expect all of our suppliers and advisers to be similarly opposed to slavery and human trafficking.

External suppliers provide the following services to the Group: cleaning and catering, hospitality, IT equipment, software, consultancy, payroll, audit, legal services, office consumables such as stationery, office fit-out and maintenance. Most of the suppliers that we deal with are firms based in the UK. We like to work closely with our suppliers and professional advisers and have long-term relationships with many, although we do not consider ourselves dependent on any. Any new supplier is subject to a due diligence on-boarding process which includes their opposition to slavery and human trafficking.

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Policies and training

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To ensure all staff are aware of and have a clear understanding of the risk of modern slavery and human trafficking within our business, we request that all Managing Directors and team members confirm they have read and understood this statement as part of the firms’ Annual Policy Declaration.

Our Corporate Social Responsibility Policy details how we are committed to ensuring our business operations continue to be free from modern slavery or human trafficking.

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Blackbird Capital Limited Whistleblowing Policy’s are available for our employees, consultants and contractors to report anything in breach of this policy.

We invest in educating all our staff. Training courses include modern slavery and human trafficking and associated risks in our business and supply chains.

Continuous review and improvement

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The size and nature of our business has grown considerably over recent years. We will continue to review our working practices, train our colleagues and review our externals supplier and adviser relationships with regard to opposing slavery and human trafficking. We will continue to respond to Modern Slavery Act information requests from our clients.

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This statement was approved by the Board of Blackbird Capital Limited.