Manufacturing

Whilst recent press reports a manufacturing upturn, as every good business owner knows, you need to keep abreast of the financial issues which could impact on your business.

Our specialist accounting team for the manufacturing sector are passionate to be part of our clients’ business and play a part in their success.

We understand that manufacturers face numerous operational challenges including margin maximisation, stock costing, employment issues and financial constraints by banks just to mention a few. Kreston Reeves have the necessary manufacturing experience to help you make decisions which can minimise the risks under the various stock costing systems, we advise on employment issues including health and safety and pension requirements, we can also help in the negotiation of the appropriate banking arrangements to handle invoice financing of debtors and to consider the effect of foreign trade on currency transactions.

We understand and advise on taxation, not only from a corporate point of view, which includes capital allowance maximisation and research and development, but also from a business owner point of view in remuneration extraction, succession planning and exit strategy. If your operations has concerns overseas, we can offer a seamless cross border service through our International expertise and membership of Kreston International, a global network of independent accountants.

We can also advise on budgeting and forecasting, business acquisitions and disposals including due diligence, and raising business finance.

We have a dedicated VAT and Duty team who are successful in assisting many businesses who import from outside the EU in recovering duty overpaid but also advising on a multiplicity of VAT issues that face manufacturers on a daily basis.

Our clients include mainly limited companies ranging from small owner managed companies to large international groups. Contact one of our specialists to discover how Kreston Reeves can benefit your business and assist you with:

Manufacturing accountancy & auditing services include:

  • R&D intellectual property tax relief
  • M&A strategic advice
  • Succession planning and keeping talent
  • Maximisation of overseas operations
  • Management of supply chain risks
  • Working capital management, business improvement and financial modeling
  • Stock control management

Want to learn more about how we can help?

Contact us to arrange to speak with one of our specialists in London, Kent and Sussex.

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