Accountants for construction and trade businesses
Jobs priced in spreadsheets, retentions nobody is tracking, CIS that isn’t quite right and an overdraft that never goes away. We see it often, and we know how to fix it.
Busy is not the same as profitable.
- Jobs priced and tracked in Excel, with no margin by job
- CIS and the VAT domestic reverse charge handled inconsistently
- Retentions not tracked, and money written off that could be recovered
- Capital allowances on plant and vans never claimed
- Cash flow that swings with every valuation
What we measure
- Gross margin by job
- Work in progress and valuations
- Labour recovery and utilisation
- Retentions due and recovered
- Debtor days and cash low points
- Daily sales needed to hit target
See every job, every week
Ask about your business.
Quick answers from your own figures. The bigger questions come to your Finance Director.
“I didn’t know what was going on in my own accounts.”
A £2m joinery and civil contracting business with 16 staff. CIS was wrong, retentions were untracked and jobs were priced in Excel. One year later: £46k saved, £15k of retentions recovered and £50,000 paid into a pension.
Read the case studyQuestions owners ask
Do you understand CIS?
Yes. We set up a clear process for CIS deductions and returns, and check it every month.
Can you report profit by job?
Yes. Job profitability is usually where the biggest improvements are found.
We use job management software. Will that work?
Usually, yes. We integrate job management with QuickBooks or Xero so data is entered once.
See your business clearly.
Come and see us at Moncrieff House. An hour or so with our directors, getting to the bottom of what’s really going on, and a one-page summary to keep.