Case Studies

Case Study: Weaving company’s fascinating history sewn into its success

Wyedean Weaving is a company with roots dating back to the Industrial Revolution. Initially formed in Coventry in the 1850s as Dalton, Barton & Co, its founders were pioneers in the narrow fabric industry, and around the turn of the 1900s the company had grown to become the world’s largest haberdasher, with a department store in London.

Case Study: Land Rover Defender specialist diversifies on land and sea

Twisted Automotive is famed for recommissioning the classic Land Rover Defender and in recent years has expanded its operation both in terms of new markets and locations. 

Case Study: English Marquee Company creates foundations for its future during pandemic

The English Marquee Company has quickly established itself as a classically stylish brand and fixture in the UK Event scene over the past four years.  

The family-owned and operated events company, based in Harrogate, was founded by brother and sister duo Sam and Tor Peters in 2017 as a division of parent company BHP Associates Ltd, which liaises with tour operators throughout the UK and Europe to promote Canadian holidays.

Case Study: Outsourced bookkeeping and preparation of group management information for international company

Exus Software Limited (Exus) is a global leader in debt collection and recovery technology, with headquarters in London and operating R&D in Athens. They designed, and now implement and monitor, a unique software in the financial services sector. Exus Financial Suite (EFS) is a comprehensive suite of software applications that manages credit risk along the whole lifecycle of accounts, from the moment of disbursement until write-off or debt sale.

Case Study: Succession - Who do you Trust?

“In this world, nothing can be said to be certain, except death and taxes.” Never a truer statement, yet trying to plan for the inevitable can seem like you are tempting fate!  Still, please do not underestimate how succession planning in the caravan park industry, as in many family businesses, can without a doubt be complicated.

In many estates, the assets of the mother and father can be released into cash and so this can be easily divided between the children.  Where only some of the next generation wish to continue in the business, estate planning can be much more complex.

Case Study: Is all Financial Advice the Same?

Whilst it’s important to regularly look at your savings and investments, it’s also vital to take stock of your lending commitments too and the security in place to protect these should circumstances change. By either not taking the time to ensure adequate and appropriate cover is in place or seeking the wrong support, guidance and advice, this could prove to be a costly decision.

Case Study: Facepunch Studios

Armstrong Watson has reviewed Facepunch Studios systems, transforming their accounting process and resulting in significant time savings for the company.

Case Study: McGowan Miller Limited, South West Scotland

Douglas Russell has advised McGowan Miller Construction for over 8 years, providing recurring services for accounts, tax returns, payroll and financial planning.

Case Study: Restructuring of a caravan park business

We have advised a number of parks on how they can benefit from a corporate relief that allows groups of companies, if they meet certain conditions, to dispose of one park through a limited company, and not pay Capital Gain Tax on the corporate disposal.

Case Study: Caravan and Lodge Park – value circa £2 million

We were engaged following the death of one of the owners of the park to deal with an HMRC enquiry into the claim for Business Property Relief (BPR) on the deceased’s estate.  HMRC were suggesting that no claim was available against their share of the park's value, placing around half of the holiday park into the estate, which would have resulted in an increase in the IHT liability of around £400,000.