Michael Watts

Michael WattsProfessional Qualifications

  • Become a fellow of the Association of Chartered Certified Accountants in November 2005, having been admitted as a member in November 2000 (FCCA)
  • Associate of the Institute of Chartered Tax Advisers since October 2003 (CTA
  • Institute of Chartered Accountants of England and Wales Corporate Finance Qualification obtained in May 2007 (CF)

Background

Mr Watts specialises in the field of Corporate Finance, which encompasses the following activities:

  • Mergers and Acquisitions
  • Disposals
  • Fundraising
  • Due Diligence
  • Reporting Accountant
  • Investigatory work
  • Valuations
  • Shareholder disputes
  • Acting as an expert witnes

Mr Watts initially trained (July 1997 to November 1998) at a three partner general practice and then completed his training at Haslers (November 2000), which is a top 50, multi-disciplinary firm of accountants with 11 partners. Mr Watts then went on to become a Corporate Finance Partner in January 2007 and since January 2009 has headed up the department.

Summary of experience

Mr Watts’ corporate finance work has recently included the following:

  • Investigatory work in an alleged fraud at a Care Home, which involved reporting to the local authority with the findings of the investigation
  • Lead advisory role for the vendors in the disposal of a telecoms business (Consideration range £10-15m).
  • Acting for a company with two shareholders in dispute and agreeing a way forwards to de-merge the business into two separate entities
  • Due Diligence work on acquisitions, this includes investigations into the underlying profitability of the business
  • Carrying out a review of the accounting systems of an international media business to ensure the appropriate revenues were being accounted for to our client under the terms of a commercial contract between the two parties
  • Acted as a reporting accountant for a reverse takeover of an AIM listed company
  • Preparing forecasts/projections for bank funding purposes and budgeting purposes
  • Acting as an expert accountant on a number of matters

Telephone: 020 8418 3350
Email: michael.watts@haslers.com