Manufacturing Accountancy

Specialist Manufacturing Tax Advisors

The manufacturing sector continues to operate in a challenging environment but is widely recognised as playing a key role in rebuilding the UK economy. 

Our expert accountants are aware that your business is subject to factors beyond your control such as fierce global competition, interest and currency rates, employment levels and skills training to name but a few. Our team of experienced professionals can help you succeed in such challenging business environment.

Hentons Specialist Accountants

Our specialists tax advisors can help industries operating in manufacturing  with the following dedicated accountancy services:

  • Minimising risks from pricing and supply fluctuations
  • Optimising stock control
  • Crucial investment decisions
  • Acquisitions, mergers, or disposals
  • Raising finance
  • Cashflow management through interest rate exchange and rate fluctuations
  • Foreign currency transactions
  • Managing profitability through our specialised services.

Get in touch with Hentons accountants in York, Sheffield, London, Leeds and Thirsk to find out more.

case study

A long standing manufacturing client was experiencing financial difficulties and facing winding-up petitions from suppliers and HMRC. We became involved in a re-structuring of the debt and agreed payment plans with creditors. We also embarked on a restructuring of the company, identifying the profitable elements of the business and the loss making lines, along with a review of the overheads. The end result was a reduced turnover business, but more profitable and sustainable as able to pay its creditors in agreed terms. The Balance Sheet has since recovered and the business is now stronger for the rationalisation programme and deeper understanding by management of its product profitability.