Fixed-fee accounting and tax support for manufacturing and engineering businesses in Leicester and across the UK, covering annual accounts, capital allowances and VAT, so you can focus on production.
Running a manufacturing or engineering business means keeping a close eye on machinery investment, stock levels and margins on every job, alongside the day-to-day accounts. We work with production businesses and engineering firms across Leicester and the UK, making sure capital allowances on plant and machinery and stock and work in progress are all handled correctly, so your accounts give you an accurate picture of how the business is really performing.
Click a service to find out more.
We prepare and submit your annual statutory accounts and corporation tax return, making sure your figures are accurate and filed on time with HMRC and Companies House.
We claim the Annual Investment Allowance, currently £1 million a year, and full expensing for limited companies on qualifying new plant and machinery, so you get tax relief on equipment as soon as you invest in it.
Accurate stock and work in progress figures at your year end are essential for a true picture of profitability. We help you value stock correctly and reflect it properly in your accounts.
We prepare regular management accounts and help you track costs by job or contract, so you can see which work is genuinely profitable and where margins are being squeezed.
If you employ factory or production staff, we run your payroll so PAYE, National Insurance and pension contributions are calculated and reported correctly and on time, every pay period.
We offer fixed-fee packages whether you run your setting as a sole trader, partnership or through your own limited company. Each package covers the core compliance work below, with optional extras you can add as needed.
If you would like to discuss our fees for the services you require, please get in touch.
Get in TouchStraightforward answers to the questions we’re asked most.
Most businesses can claim the Annual Investment Allowance, currently £1 million a year, giving 100% tax relief on qualifying plant and machinery up to that amount. Limited companies can also claim full expensing, which gives 100% first-year relief on qualifying new main rate plant and machinery, now a permanent relief. We make sure your claims are maximised correctly.
Stock and work in progress are generally valued at the lower of cost and net realisable value. Getting this right matters, since under or overvaluing stock directly affects your reported profit and tax liability. We help you set up a sensible valuation approach and keep it consistent year on year.
The standard VAT registration threshold of £90,000 applies regardless of whether your customers or suppliers are in the UK or overseas. Importing and exporting brings its own considerations, including postponed VAT accounting on imports, and we help you apply these correctly alongside your normal VAT returns.
It depends on your turnover, profit levels, and appetite for the extra reporting a limited company involves. A limited company often becomes more tax-efficient as profits grow and can also offer liability protection, which matters more where machinery, premises and larger contracts are involved. We talk through the numbers so you can decide with confidence.
Without accurate job costing it is easy for a busy production schedule to hide work that is barely breaking even. We help you set up simple management accounts that track costs against each job or contract, so you can see clearly which work is genuinely profitable.
Tell us about your circumstances and we’ll come back to you with clear next steps, typically the same working day. Our support is available in person, by phone, email or a virtual video meeting, whichever suits you best.