British Loose Leaf

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Company details
For a description of the terms used in this table, please see the attribute definitions.
Name: British Loose Leaf
SIC/ICB: 21230
Sector: Unknown
Type: Private
EO %: 84
Registration number: 03811951
Accounts: 30 September 2008
Revenue (£m): 4.5
Employees (FTE): 50
Website: www.bll.co.uk
Status: confirmed
Ownership Attributes
Employees - individually %: 73
Employees - through a trust %: 11
Employees - total %: 84
Directors %: 16
External shareholders %: 0
Total %: 100
SAYE (Yes/No): no
SIP (Yes/No): no

Description

British Loose Leaf manufactures bespoke stationery products using predominantly recycled materials. We provide a unique, free of charge, end-of-life recycling service for our customers (who can deal with us directly or through their stationer or facilities company).

If you use these products please talk to us about how we could work with you. You will find we are all highly committed to providing you with the best value, quality and service.

We are a partnership between employees and the business. Our employees provide commitment, and accept change to ensure that the business is successful, and are entitled to share in the financial rewards that arise from that success.

Only Ordinary shares (1000) have voting rights. They are all held by the BLL Employee Share Ownership Trust. The beneficiaries of the Trust are "Current and previous employees of the Company and their immediate families".

The employees therefore control the board and can appoint or dismiss directors, and through the board, change the management if they don't do their jobs well enough!

"A" Ordinary shares (100,000) are held by current employees, and must, according to the Company's Articles, be sold back at par when an employee (including a director)leaves, for whatever reason. Some "A" shares are also held by the trust. These classes of share rank pari-passu, so that when the company pays a dividend the largest proportion is to employees.

There are also 1 million fully paid, non cumulative, shares which provide the capital invested in the business. They have no voting rights and are not redeemable.

Parent Company

none

Linked Companies

none

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