Solutions

Solutions to help your business grow

We advise a substantial and growing portfolio of manufacturing and industrial clients. We review each client business on its own merits, taking account of stakeholder objectives and the bespoke planning opportunities available. We provide purpose-driven solutions and give objective, independent and informed advice to implement solutions that increase profitability and value.

We work towards forming long-term relationships with our clients. Our manufacturing and industrial team delivers integrated advice on business planning, accounting, audit and assurance, tax and finance. Delivered as solutions built specifically to your needs, we offer advice in the following service areas:

Tax advice

Manufacturers need to mitigate and manage tax liabilities and many fail to do so. Optimising your tax position through appropriate use of tax planning arrangements (like R&D tax relief and capital allowances) can deliver significant benefits in terms of tax saved, and in some cases, cash repayments. We also look closely at the international tax costs and VAT costs that can be mitigated. Failure to do so could cost you dearly.

Business advice

We deliver straightforward business strategy advice on the key issues you are likely to face. Niche manufacturing to develop more sophisticated goods and technology, unique product design, flexible production and customisation within new markets are an increasingly common ways to modernise and diversify your business. We can help you so that you can develop or reposition products and services to deliver new value.
Banks have started to relax their lending criteria and freeing-up scarce capital to invest in companies with a better return or risk profile. The most important factor is not to assume that your facilities are automatically secure. We can help prepare and articulate your plans and finance requirements.
International trade by definition carries risks associated with fluctuating exchange rates. Through our extensive contacts, we will work closely with you to help you mitigate and manage your costs.
Manufacturers will be more aware than most of the importance of managing working capital and cash flow. We advise on all aspects of cash-flow management and cost-effective lean manufacturing to help you identify potential savings.

When financial evaluation of a project is required, we can help you to present the results to financiers.
Strategic HR advice can help you attract and deploy the right people, in the right roles and in the right way. We can help you develop employee leadership and management structures to improve people management, implement change and rationalise salary costs. We can also provide guidance on successful operational HR, appropriate recruitment and staff training so your business can achieve better performance, improved profitability and greater value.
We can also advise on the full range of exit options using sophisticated tax structures to help protect your wealth.

Audit and assurance advice

As audit specialists for many manufacturing and industrial companies, we believe your audit should have the highest integrity whilst at the same time add value by giving an honest assessment of your business. We always strive to deliver an audit report that gives you a clear insight and practical suggestions for improving business performance. Our experienced audit team respect your operational needs and always aim to minimise disruption. Combined with management reporting on revenue recognition, international reporting and outsourced management accounts, we can help your business at any stage of its life-cycle.

As a member of HLB International, we work with an increasing number of overseas companies investing in the UK and setting up overseas. Our strong manufacturing and industrial client base and in-depth knowledge of industry issues and market cycles mean that we are ideally placed to advise you through these challenges. Please contact us to arrange a no-obligation initial consultation.