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A very long established family business came to Armstrong Watson for help after being with their current accountant for many years.
Their current accountant had stopped engaging the business with regular contact, meetings and advice.
The client had filed their books with the current accountant and was highly unhappy with the lack of response they received.
What we did
After meeting with this client, we established a schedule of regular meetings, timeframes for turning their accounts around and looked into other areas of the business where strategies could be of benefit to them.
Meeting to discuss the figures in advance of the deadlines were held, and Armstrong Watson provided the support this client needed.
We are currently looking at several schemes for this client which will save them money.
We have discussed various structuring options available to them including incorporation and the corporate partner scheme.
We are looking at some of these solutions saving this client £20,000 - £30,000 per year.
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Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is 15 Victoria Place, Carlisle, CA1 1EW where a list of members is kept. Armstrong Watson Accountants, Business & Financial Advisers is a trading style of Armstrong Watson LLP. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities.
Armstrong Watson Audit Limited is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales No. 8800970. Registered office: 15 Victoria Place, Carlisle, CA1 1EW
Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales No. 7208672. Armstrong Watson Financial Planning & Wealth Management is a trading name of Armstrong Watson Financial Planning Limited. Registered Office: 15 Victoria Place, Carlisle, CA1 1EW