Allcooper wins Coutts National award for best family business
Allcooper have been awarded the name of 'Best family business in the UK' for the 1-5 million category. The awards event held on 23rd June proved that even in a recession, strong family values stand firm.
Run by the second generation of the Cooper family, the comapny defeated Anglo Recycling technology and funeral directors, J.J. Burgess & Sons at the national finals held at the Coutts headquarters in London.
Roman Cooper said: "We are absolutely delighted to have won this highly prestigious award. It was an emotional night for us all as after 22 years of really hard graft it's great to be recognised for not only running the business responsibly and effectively, but also that we are a positive influence on our family and the community in which we live."
"The 12 month process has been incredibly rigorous, with a very experienced and importantly, independant evaluation committee reviewing our application. But as the chairman of Coutts, Lord Home said to me, 'Allcooper ticked all the right boxes', Which is a great endorsement by a very experienced business leader."
(Courtesy of Coutts)
Allcooper Limited from Gloucester was named ‘Best UK Family Business, in the £1-5m turnover category of the Coutts Prize for Family Business 2008/9. The family beat off stiff competition from Anglo Recycling Technology and funeral directors, J.J. Burgess & Sons at the national finals held at the Coutts headquarters on the Strand in London.
Allcooper’s are leaders in the fire & security industry, providing installation and maintenance services for their customers. The types of systems include, fire systems, intruder alarms, CCTV cameras, access control and physical security solutions. Based out of Gloucestershire, the company employs 62 full time staff and operates across the UK, servicing domestic and commercial clients and corporations, including a number of government departments. Their London division provides bespoke solutions and consultancy for many private individuals and high net worth customers requiring a unique personal service.
Roger Pedder, former Chairman, C & J Clark Limited (Clarks Shoes) and Chairman of the evaluation committee commented: “As a successful second generation family business, the things that impressed the evaluation committee about Allcooper Limited included;
- the strong family values displayed;
- the active use of non-family non-executive directors;
- the involvement of father as trusted adviser and third generation learning the ropes • the families daily performance metrics and lead-by-example management;
- the entrepreneurial flair and track record of continuous innovation;
- the healthy attitude to corporate social responsibility from energy efficient vehicles to recycling; and
- the meaningful corporate philanthropy from donations to cystic fibrosis and involvement in various community initiatives.
Mark Evans, Head of Family Business, Coutts & Co, commented: “In today’s tough times, it is more important than ever to leverage the competitive advantage of being a family business. Becoming a Coutts Prize for Family Business National Winner is a unique differentiator that can be used in cementing relationships with customers, suppliers, and employees.”
Juliette Johnson, Senior Family Business Adviser, Coutts & Co added "With the current economic downturn, businesses are finding it increasingly difficult to survive, which therefore increases the value of recognising these family businesses and their work. The companies that scored most highly were the ones that were able to give examples of what they had achieved.”
The Coutts Prize recognises firms in three categories (£1m-5m, £5m-£25m, £25m+) that demonstrate a combination of high standards of family governance and corporate governance, a competitive market position, consistent financial growth, and a track record of charitable giving or involvement in local community. Entrants must be companies or firms where two or more family members together have control of over 25% of the voting shares and consider themselves as a family business.
More specifically, the independent evaluation committee was looking for examples of best practice including;
- the strength of the family’s values;
- the involvement of the family;
- communication and planning;
- the separation of ‘ownership’ and ‘management’;
- the use of external, independent advice;
- the development of a succession planning process;
- next generation development;
- conflict management; and
- philanthropy and charitable involvement.
Note to editors:
Allcooper Ltd is a privately owned security company. Since 1987 it has grown consistently, in size and reputation, to become independent security specialists in the UK, with a client-base Allcooper’s independence allows it to make unbiased choices commitment to staff training this ensures that customers receive products and the highest level of service. The company is comprised specialist sectors: electronic security, including CCTV and access control; fire; - all of which work to a company-wide ISO 9002 each dedicated division is externally monitored to ensure compliance standards of its particular disciplines – allowing customers very latest advice and service from experts in their field.