Winkworth, the publicly traded estate agency, has initiated a review of its board composition amid ongoing disputes within its founding family. The company, listed on the Alternative Investment Market (AIM), announced that it is engaging external advisers to evaluate the current structure of its board, with particular attention to the balance of independence among its non-executive directors, including the chairman.

The family disagreement centers around the relationship between the company’s chief executive, Dominic Agace, 46, and his father, Simon Agace, 83, who serves as chairman. Earlier this year, Winkworth pursued legal action in the High Court to prevent Simon Agace from removing other members of the board. The case reached a temporary resolution in August when the parties agreed to a détente, which has since been extended for at least another month.

The ongoing review appears aimed at managing the tensions and clarifying governance arrangements within the company’s leadership. Winkworth did not provide specific details on the potential outcomes of the review or any planned changes to the board’s membership or leadership roles.

Founded by the Agace family, Winkworth operates within the competitive UK estate agency sector and has been navigating internal leadership challenges alongside its regular business activities. The decision to bring in outside advisers reflects an effort to strengthen corporate governance and resolve the dispute through a structured examination of the board’s makeup.