Independent, Outcomes-Focused Reviews Aligned to the 2024 UK Corporate Governance Code

An external, formal, and comprehensive Board Evaluation should be conducted at least every 2 to 3 years, in line with UK Corporate Governance best practice.

Our highly skilled and experienced team of international corporate governance experts work collaboratively with you to tailor the evaluation to your specific needs and assist in elevating your board’s performance. Our reviews start from £5,000 and are designed to be both comprehensive and cost-effective.

The UK Corporate Governance Code 2024 applies to financial years beginning on or after 1 January 2025, with new internal controls disclosure requirements (Provision 29) effective from 1 January 2026.

Why Upgrade Your Board Evaluations in 2025–2026?

Outcomes-Based Reporting

The 2024 Code shifts focus from process to performance. A high-quality external evaluation demonstrates how governance drives strategy and results.

Internal Controls Focus

From 2026, boards must declare the effectiveness of their internal controls (Provision 29). Our evaluations assess risk oversight, committee effectiveness, and information flows to ensure you are ready.

Market Practice

UK-listed companies conduct annual board reviews and typically commission external evaluations every three years to enhance credibility with investors and regulators.

Why choose an External Board Evaluation?

Improve the efficiency of Board operations
Invest in your Company’s future
Ensure your board composition is appropriate
Offer assurance to stakeholders
Identify strengths & weaknesses
Independent and impartial evaluation

Our Clients

Merchantec’s well thought-out and comprehensive Board Evaluation provided the Board of Directors with an excellent opportunity to enhance performance while identifying skill gaps and limiting the risks of directors.

Nikki LumleyDIS-CHEM: Company Secretary

We would consider and recommend Merchantec for future Board and Committee evaluations.

Liezl BiermanenX Group Limited: Head of Assurance

As Chairman, I appreciated the manner in which the team has dealt with the content of the report as well as the professionalism with which they conducted the evaluation process. It has been an extremely valuable exercise and I am sure that the Board and Committee Evaluation Report will add value to the dynamics of the boardroom and the governance of the company.

Malcolm RutherfordChairman: Crookes Brothers Limited