S172 Statement

(see also Legal Notices, Privacy and Money-back Guarantee)

This reporting requirement relates to companies defined as large by the Companies Act 2006, this includes PLCs as otherwise the Group and Company would not be considered large. Each individual director must act in the way they consider, in good faith, would be the most likely to promote the success of the Company for the benefit of its members as a whole, and in doing so the directors have had regard to the matters set out in section 172(1) (a) to (f) when performing their duty under section 172.

The matters set out are:

a) The likely consequences of any decision in the long term

We provide innovative data analysis, Business Intelligence, decision support, production reporting and rapid application development solutions to our customers. Our key risks are our employees and our customers. It is vital that we effectively identify, evaluate, manage and mitigate the risks we face, and that we continue to evolve our approach to risk management.

b) The interests of the Company’s employees

Our employees are fundamental to the delivery of our solutions. All employees are treated fairly and equally. We aim to be a responsible employer in our approach to the pay and benefits our employees receive. The health, safety and well-being of our employees is one of our primary considerations in the way we do business. We provide an innovative and efficient environment through teamwork and communication.

c) The need to manage the Company’s business relationship with suppliers, customers and others

Our strategy prioritises organic growth, driven by cross-selling and up-selling services to existing clients and bringing new clients into the group. To do this, we develop and maintain strong client relationships. We value all of our suppliers and have built multi-year relationships with our key suppliers, promptly paying invoices falling due.

d) The impact of the Company’s operations on the environment

We have increased the use of electronic communication, reducing our paper output. We are reducing travel where possible by virtual communication, otherwise using efficient methods of travel where possible.

e) The desirability of the Company maintaining a reputation for high standard of business conduct

As the Board of Directors, our intention is to behave responsibly and fairly and to ensure that management operate the business in this manner, operating within the high standards of business conduct and good governance expected for a business such as ours and in doing so, will contribute to the delivery of our plan. The intention is to nurture our reputation, through the delivery of our solutions and services, which reflects our responsible behaviour.

f) The need to act fairly between members of the Company

The above flows through to our shareholders, to treat them fairly and equally, so they too may benefit from the successful delivery of our plan. We communicate regularly with transparent, reliable and timely information.