At Sowerby, we have considerable experience in the construction sector. Whether you are a sole trader, Limited company or larger group, the complexities of accounting in construction can be a real headache.

 

Sowerby has developed an extensive wealth of knowledge working with businesses contracting for schools, hospitals, civil engineering and residential projects. We can offer tailored solutions from basic compliance, management information and benchmarking through to year end reporting and audits.

Operation of CIS as a contractor or a sub-contractor is an integral part of the complexities of accounting in the sector. Our experienced team can offer advice on the registrations needed, reporting requirements or even assist with the preparation of HMRC CIS declarations.

 

Our outsourcing department is also able to assist you in complying with this legislation.

Achieving profits in this volatile sector involves monitoring many parameters and maintaining a realistic view of the risks involved. The team at Sowerby is experienced at managing lengthy projects to strict deadlines and managing the expectations of both customers and shareholders.

Sowerby work alongside banking and finance providers to ensure cashflow needs are addressed for both the short and long term. This can be as little as providing historical information to finance providers or more in-depth analysis, projections and forecasting required on an ad-hoc project basis or for annual review.

Raising finance in this sector can be difficult to achieve with many banking institutions viewing construction as a no-go area since 2007. However, here at Sowerby we have access to many financial institutions which specialise within the sector and can assist you in obtaining finance to fund your project.

We have a large number of clients in this sector, and as such there is a large amount of data at our disposal which allows us to help our clients and their businesses very effectively. We at Sowerby can provide a detailed benchmarking service to review the performance of your business against hundreds of others in the same sector.

 

Needless to say, benchmarking is carried out without jeopardising confidentiality.

Should you require any further information please contact:

Patrick Scargill

pss@sowerby-llp.co.uk

Stephen Bootyman

spb@sowerby-llp.co.uk

Stewart Scargill

sts@sowerby-llp.co.uk

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