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Service

Management accounts and business reporting

Monthly or quarterly reporting that shows margin, cash and tax exposure while you can still do something about them.

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Overview

Management Accounts explained

Statutory accounts look backwards. Management accounts are for running the business now — knowing whether this quarter's margin held up, whether the payroll is affordable next month, and how much tax is quietly accruing.

We produce management information at a depth that matches the decisions you are making, rather than a 40-page pack nobody reads.

Benefits

What you get from it

Margin by job or contract

Tracking categories let us report profitability by site, contract, department or product line, not just in total.

Rolling cash forecast

A 13-week cash view including VAT, PAYE and Corporation Tax so nothing arrives unannounced.

Tax accrued monthly

The Corporation Tax provision updated as you go, so the liability is set aside rather than found.

Lender confidence

Banks and asset finance providers respond far better to a business that can produce current figures on request.

Included

What the service covers

  • Profit and loss with prior period and budget comparison
  • Balance sheet with debtor, creditor and stock analysis
  • Departmental or contract-level margin reporting
  • Rolling 13-week cash flow forecast
  • Key performance indicators agreed with you
  • Corporation Tax provision updated each period
  • A written commentary explaining the movements
  • A review call or meeting each reporting cycle

Problems solved

Issues we see most often

Busy but not profitable

High turnover masking thin margin is the most common pattern we uncover in the first three months of reporting.

Cash surprises

A VAT quarter and a Corporation Tax payment landing together is survivable when it is forecast and painful when it is not.

No basis for pricing

Without job-level costing, price increases become guesswork and unprofitable work gets repeated.

Process

How we deliver it

  1. 01

    Define

    We agree what actually matters in your business — the three or four numbers that drive decisions.

  2. 02

    Structure

    The chart of accounts and tracking categories are rebuilt so the reports come out cleanly.

  3. 03

    Produce

    Month or quarter end close, journals posted, accruals applied, reports issued to a fixed timetable.

  4. 04

    Discuss

    A short review conversation focused on what changed and what to do about it.

  5. 05

    Adjust

    Forecasts updated and actions carried into the next cycle.

Local

In Scunthorpe and North Lincolnshire

For contractors and manufacturers in the Scunthorpe area, work-in-progress and stock valuation are usually where the reporting breaks down. Getting those two right transforms the usefulness of the numbers.

FAQs

Management Accounts questions

Quarterly suits stable businesses with predictable trading. Monthly is worth it where cash is tight, growth is fast, or you have funding covenants to report against.

Enquire

Talk to us about management accounts

Send a few details and we will come back to you with what we would do and what it would cost.

Send us an enquiry

Tell us a little about your business and we will come back to you with next steps.