Creative solutions…

…to complex accounting problems

Accountants dedicated to addressing the details and complexity that can disrupt deals and financial reporting

Accounting structuring is about solving complex problems.
We achieve this by:

Keeping things moving
Grasping complex new arrangements and identifying likely issues and roadblocks.
Excelling in communications
Building trust, Preventing or resolving problems, Increasing engagement, Creating better relationships
Putting financial safety first
Mitigating risk
Achieving great results
Helping businesses make better financial decisions
And ultimately
Creating clarity in often complex situations through strategic and tactical excellence
ABOUT

We bring commercially minded solutions
to accounting problems.

Our best-in-class advice comes without the independence and operational constraints of a large firm.
We are passionate about solving problems for our clients. We strive to make a difference by unlocking problems for deals caused by accounting, or navigating through complexity to reduce time and mitigate risk.
ABOUT

Our areas of
expertise

The needs and preferences of our clients and their teams define our services. We bring accounting know-how, corporate legal knowledge, tools and technical skills to any situation. This is often on an ad hoc and evolving basis. Above all we are flexible.
LEVERAGING

Experience

Our accounting experience, coupled with corporate legal knowledge, enables us to move quickly. We know where to look for issues in even the most complex arrangements. These insights save crucial time and money.
MAINTAINING

Discipline

We bring detailed accounting structuring discipline. This eliminates ambiguity and all implications and dependencies are identified and addressed.
CENTRALISED

Materials

We establish a hub of materials and coordinate people. This ensures knowledge is shared between workstreams and cross-over issues are managed.
ENHANCING

Interactions

We produce high quality deliverables. This gives clarity to management and a robust basis for audit.
ABOUT

Our core values

We know that skills and experience can create good results.
But with shared values they become great.
This is why we have and adhere to our core values of:
https://rebuspartners.co.uk/wp-content/uploads/2021/05/Value_icons-1-160x160.png

Drive

We have the DRIVE to deliver imaginative solutions
https://rebuspartners.co.uk/wp-content/uploads/2021/05/Value_icons-2-160x160.png

Collaboration

As consultants we work with clients as part of their team and reduce advisor friction
https://rebuspartners.co.uk/wp-content/uploads/2021/05/Value_icons-3-160x160.png

Robustness

Our clarity of approach and understanding of complex issues means we specialise in the HOW rather than the WHAT
ABOUT

Meet the team

https://rebuspartners.co.uk/wp-content/uploads/2021/05/HeadshotsPaul-1-160x160.png
DIRECTOR

Paul Houghton

Paul established Rebus Partners (formerly Adze Structuring) in 2017 after 14 years in the PwC Structuring team, the first of its kind in the UK.
Read more...
  • After qualifying as an ICAEW chartered accountant in PwC audit (Shell, BT, Jim Henson Company), Paul joined the PwC Structuring team and spent the next 14 years leading large and complex projects across a range of industries (Royal Mail IPO structuring, EDF disposal of UK Power Networks, David Lloyd Group refinancing). Within the team he established a reputation for addressing highly complex arrangements such as capital planning for non-performing loan portfolios (RBS, Varde) and advising on asset-backed pension funding structures (Qintetiq, GKN, Allied Irish Bank). He also provided accounting advice on CSC’s acquisition of Xchanging and the acquisition of ARC Holdings.

  • During this tenure, Paul also spent a period as a director as a member of the in-house PwC national and global technical teams covering business combinations, financial instruments and UK company matters.

  • Since establishing the practice in 2017, Paul has advised LSE Main Market groups and  AIM listed groups on a range of deals, distributable reserves planning, accounting change, and complex arrangements. He has also worked extensively for one of the world’s largest privately owned fashion brands on adoption of IFRS 16.

https://rebuspartners.co.uk/wp-content/uploads/2021/05/HeadshotsFrancis-1-160x160.png
DIRECTOR

Francis Dunham

Francis joined Paul at Rebus Partners in October 2018 following a 17 year career at PwC.
Read more...
  • Francis qualified as an ICAS chartered accountant in 2004 as an auditor with an array of listed technology, communications and energy clients. In 2005 he left audit to join the PwC Structuring team where he spent the next 13 years, and in that time became an accounting and structuring specialist.

  • Francis led the structuring of a wide range of deals, including the design and implementation of the listing structure for a number of FTSE 100 and smaller clients, main market and high yield refinancing structures, returns of value to shareholders and other transactions.

  • In addition to structuring Francis has provided advice on complex accounting on transaction related matters and the adoption of new standards, in particular in connection with financial instruments and business combinations.

  • Since joining Rebus Partners Francis has continued in the same vein, advising a number of listed and privately owned companies on accounting and structuring issues.

  • Overall Francis has advised on well over 100 projects across pretty much every sector and from multinational listed groups to small privately owned companies.

REBUS PARTNERS LTDGet in touch