In spite of globalisation and increased competition from low cost base countries, the UK continues to be a centre of excellence in precision engineering, technical innovation and niche manufacturing.
Thomas Westcott have established a specialist Manufacturing and Technology team, developing a bespoke set of services designed to navigate the pitfalls of finance within the industry, including:
Could some of your back office accounting functions more effectively be outsourced? We can:
Securing the right funding at the right time is crucial for any business. We can advise on and assist with all aspects of raising finance, including:
Any business looking to grow should have a business plan. We can assist you with the business planning process, converting your plans into financial projections and in turn assessing your likely financial requirements.
Considering exporting to extend the market for your product? We are members of PrimeGlobal, the third largest association of independent accounting firms in the world, which has a presence in 95 countries. We can provide access to expertise and contacts to help support your international expansion.
As well as core tax compliance services, ensure you maximise the benefit of various tax reliefs, including:
We help you identify and deal with issues your business may face through its lifecycle. Fulfilling the role of non-executive directors to our clients, we bring years of business experience to the table, both in this sector and in other fields.
We all face a struggle to keep our best people. Have you considered giving your key people an equity stake in the business? We can advise you on structuring such an incentive scheme in a tax efficient manner.
Are your personal affairs in order to ensure you reach your personal financial goals in as tax efficient manner as possible? Our tax planners, in conjunction with our colleagues at Thomas Westcott Chartered Financial Planners, ensure both owner and business are taken care of.
Is the time approaching for you to extricate yourself from the business? Thomas Westcott can help with:
For many, when new legislation in the form of Open Banking came into force on 18 January 2018 it passed with very little fanfare. However as with lots of modern technology, the regulations opened up a world of new opportunities for both individual...
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For further information, please contact: Shona Godefroy FCCA Managing Partner | ![]() |
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For further information, please contact: Mark Tibbert ACA Partner and Head of Tax | ![]() |
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For further information, please contact: Chris Hill FCA Partner | ![]() |
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For further information, please contact: David Cresswell ACA Partner | ![]() |
Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales, details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C001091748, and details of all audit regulations can be accessed at www.icaew.com/regulations. A list of members can be found under Legal Notices. Thomas Westcott has offices in Axminster, Barnstaple, Bideford, Bridgwater, Burnham on Sea, Crediton, Exeter, Holsworthy, Honiton, Ilfracombe, Okehampton, Plymouth, Seaton, Somerton, Tiverton, Torquay and Weston super Mare.
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The Tax system is changing and the date to become compliant is getting closer. We can help you plan what action you need to take.
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