The media have long bemoaned the plight of the manufacturing sector in the UK but there are still many successful such businesses and they are being added to all the time. Traditional accounting systems, even the stalwart Sage Line50, can provide a lot of the information needed to make them profitable. But like any tool they require operators with sufficient skill to make them work well. By configuring the accounts of a drinks business we could see where profits were being generated and used this information in a forecast which supported its expansion overseas.
Complex processes, as found in an automotive engineering business for example, need to be properly understood if they are to be financed securely. Our commercial experience enables us to distill the components of the process into a model that accurately reflects its financial nature so that investors and lenders can engineer their services to suit the business.
Thank you for your erudite and insightful report – I’m glad that you were able to support us through this process.
Simon Fry, Fenland Laundries Limited