OUR SERVICES

ACCOUNTANCY FOR TRADE CONTRACTORS
LAYING THE FOUNDATIONS FOR BUSINESS SUCCESS

MAINTAINING A SUSTAINABLE BUSINESS

As a trade contractor, you’re likely to spend most of your time out in the field carrying out installation jobs or running longer term contracts - with little time to think about building your business.

A busy schedule doesn’t always mean a healthy cashflow though, and determining the profitability of projects and potential customers is key to steering clear of financial shortfalls.

 

Whether your business specialises in electrical, data networking, plumbing, security, fire, HVAC or solar, we can provide sector-specific software that keeps you on top of your numbers on the go.

We provide the trade-focused guidance you need to keep you compliant - advising on the likes of HMRC’s ‘Construction Industry Scheme’ (CIS) to help you avoid financial penalties for late returns.

HOW WE HELP

Through our trade contractor accountancy packages, we take care of all your accounting obligations, including submission of all your end of year returns - but we offer so much more besides. By setting you up on Xero, the cloud accounting platform that offers a real-time insight on your finances, we help you make more informed business decisions.

 

 

 

We also work with simPRO job management software - the specialist trade contractor solution for managing projects and servicing clients. Another cloud-based application, simPRO helps you streamline your entire workflow, from estimating to service delivery and payment processing. It also provides complete visibility across your entire workforce with real-time office-to-field connectivity.

INFORM ACCOUNTING SERVICES
A QUICK SUMMARY
  • Core accounting: Statutory accounts preparation, corporation and self-assessment tax returns, quarterly VAT returns, payroll, auto-enrolment and bookkeeping services.
  • Management accounts: Regular reporting and reviews on your businesses key performance indicators (KPIs).
  • Business growth advice: As your virtual CFO, we'll help you develop your business plan and review progress regularly, offering expert financial advice.
  • Xero: We’ll supply Xero’s online accounting package, plus help you get set-up properly and provide year-round support with add-ons when required.
TRADE CONTRACTOR KPIs
WHAT WE'LL HELP YOU TRACK
  • Average revenue per hour worked: How much revenue is actually being generated on average for each hour your workforce is committed to a job.
  • Call-back percentage: Too many return visits to correct faults can be a real problem. Reducing this metric is essential to optimise revenue.
  • Unbillable time: The number of hours which were worked on a project, which were not billed to a client.
  • Average hourly fee: This metric calculates the amount of revenue which is being generated on average by the business overall.

All done? Great – then give us a call and we’ll go through all the services you need in more detail. And of course if you can’t decide, or you’re not sure exactly what you need, we’re happy to help.

FIND OUT MORE

Let's look forwards, not backwards

If you want more than just a history lesson from your accountant, we're a great fit. We'll help you understand what's really happening today and forecast a better future for your business.
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