AMT Group – supporting growth with proactive audit and tax advice

Background

AMT Group is a market-leading vehicle acquisition, leasing and funding provider. A family business, headquartered in Leeds, AMT operates across multiple UK locations and sales divisions, supplying vehicles from used and medium-range through to high-value and specialist models. With revenues over £44m, the business was looking to change auditors and also wanted to ensure it had access to advice that was not only technically robust, but commercial, responsive and forward-looking to support further growth.

How we helped

Armstrong was engaged to provide audit, financial reporting and corporation tax compliance services. Alongside core compliance, our team delivered targeted advisory support in areas that directly influence profitability, funding readiness and future growth planning.

Our work includes:

• Audit and financial reporting services providing robust independent assurance and strengthening the credibility of the group’s financial statements
• Corporation tax compliance to support consistency and governance across the business
• Capital allowances advice to help AMT claim reliefs efficiently and appropriately
• VAT advisory to help the business navigate a complex, fast-moving sector
• Tax restructuring support aligned to strategy and growth plans
• Debt advisory services, supporting AMT’s engagement with funders as the business plans for expansion

Results

Armstrong Watson has helped AMT strengthen its platform for growth, delivering measurable benefits. This includes significant tax savings as a result of proactive tax advice enhanced credibility of financial statements and an optimised business structure for future growth, aligned with the wider business strategy.

Andrew Cole, Financial Director, AMT Group, said: “Great client service is at the core of Armstrong Watson. They go out of their way to offer me advice, often of a specialised nature, which gives me a massive amount of comfort, and is a great gateway to obtaining knowledge.

“We've got big plans for the business, and I trust that Armstrong Watson will be able to assist us and grow with us in that respect.”