Our Success Stories

Case Studies

Most accountancy firms can reduce your tax bill. Far fewer have what it takes to minimise the tax you pay at the same time as helping maximise your profits. We offer all the technical expertise you’d expect from Chartered Accountants, plus the savvy commercial sense, insight and connections of experienced business advisors. Here are some examples of how we have helped our recruitment clients.

From our Clients

Our Latest Success Stories

Coronavirus Business Interruption Loan Scheme (CBILS)

The Situation: The Coronavirus pandemic took rapid hold of the UK economy and the impact of social distancing measures plunged the sector in to difficulties. This business was robust and had quickly assessed the likely impact of the pandemic on their income streams. The Solution The UK Government announced the introduction of the CBILS. We … Read more

Emergency Cash Flow Lend

The Situation: Existing recruitment business which experiences very seasonal income streams. The company had suffered from a difficult trading period and was making heavy losses. It was heading in to one of the busier times of the year but the time lag between securing income and paying overheads was too great, potentially resulting in company … Read more

Management Buyout

The Situation: A Management Buy Out had been agreed in principle and the deal hinged on the company’s ability to secure the final tranche of funding to buy out the exiting shareholder.The company had other forms of debt and the new team were ideally looking to secure funding without the need for additional, personal security … Read more

From start-up to sell-out

In addition to the above, the company can go to market showing there is a strong and motivated management team in place, potentially increasing the value a buyer might be prepared to pay. We share below a client case study that illustrates this as part of the business process from start-up, through scale-up to eventual sale. We … Read more

Hive of Activity

Having examined various options with them, they decided to proceed with our recommendation, which was a procedure known as a “hive across”. This involves a complete transfer of the trade and all associated assets and liabilities from one company to the other, while using tax rules to legitimately preserve tax losses. Although a hive across … Read more

Early Warning System

We helped our client to prepare a business plan and financial forecasts so that we could approach financiers if a deal was to be struck. As well as this we did some preliminary due diligence, and as we scratched beneath the surface there were clearly some problems with the new business pipeline as well as … Read more

Rewarding Experience

In one case we inherited a position where monthly drawings were biased heavily towards salary, a situation we thought less than optimal. A few calculations and some simple face to face explanations later and the split of monthly rewards was altered, meaning substantial tax savings should now be achieved each and every year. This then … Read more

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