Businesses rarely fail because they run out of ideas or customers. Usually they just run out of cash. This happens when they lack the systems to accurately monitor and forecast working capital and cash flow. We help you improve your cash flow forecasts, compare previous forecasts to actual outturns, and stress test any financial covenants you have in place. When you see potential issues before they hit you can, for example, negotiate additional short term funding while longer term solutions are evaluated. Trying to do this in a ‘distress’ situation is painful and sometimes not possible. Being in control of your cash flow and working capital avoids issues occurring and helps your bank and creditors feel more confident about the future of your business. We give you the tools and expert advice you need so you feel completely in control.
A good control framework minimises your financial risk. Have you ever wondered whether yours is up to the task? The implications if it isn’t could be catastrophic. We perform key checks to ensure that the control environment is operating as it should. These can be specific control checks to suit your business or a standard ‘health check’ to ensure your control environment is robust. For most businesses the audit process is a necessary evil that adds no value to the business. Our audit preparation services help minimise external audit costs and keep your accounting team focused on your day to day accounting needs.
We have experience in full listings on the London Stock Exchange and listings on the Alternative Investment Market (AIM). Good planning and project management minimises costs and the strain on your accounting team.