Financial clarity for complex projects

You can have a full order book and plenty of activity on-site, but if your contract accounting is off, your business will eventually struggle. Managing the gap between the physical work happening on the ground and the financial reporting in the boardroom is the difference between a project’s success and sudden "margin fade."

We provide the specialist accounting frameworks required to bring total, unclouded clarity to your project performance.

Robust revenue recognition (FRS 102)

Knowing your true profit at any given time is much harder than it looks in this industry. Long-term contracts require a highly specific way of recognising revenue based on the stage of completion. We help you move away from guesswork and implement robust accounting standards (such as FRS 102). This ensures that the revenue you report to your board and your lenders accurately matches the reality of what has actually been delivered and certified on-site.

Work in progress (WIP) and job costing

A central pillar of our approach is the rigorous, unsentimental assessment of Work in Progress (WIP). Over-valued WIP leads to "paper profits," giving you a false sense of security and potentially creating unexpected tax bills. Under-valued WIP makes your balance sheet look weaker than it is, which can spook lenders.

We work closely with your commercial managers and quantity surveyors to refine your job costing systems, ensuring your valuations are realistic. Crucially, this detail allows us to identify loss-making or "onerous" contracts early enough for you to take proactive action, rather than finding out a project bled money six months after practical completion.

Managing retentions and cash flow

Retentions are the silent killer of construction profitability. Too often, businesses lose track of thousands of pounds locked up in old contracts because they lack the systems to chase them. We help you build better processes to track, manage, and recover these retentions the moment practical completion and defect liability periods end. By tightening up your reporting and your supply chain payment terms, we help you keep the cash flowing where it belongs—in your business.