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:
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