Customer Story: Electrical Contractors

How we helped a well established electrical contractor to implement new technology and streamline their business.
fusebaord which an electrical contractor is working on
Table of Contents
    Add a header to begin generating the table of contents
    Disclaimer: This article is based on legislation which was correct at time of publishing on March 30, 2020
    This page was last updated on April 14, 2020

    About the business

    A well-established firm of commercial electrical contractors

    What they were looking for

    They were curious to meet us as we look after one of their sub-contractors, in particular they were impressed with the invoices they received from this sub-contractor, thinking it very professional.

    What are we doing for them?

    They subsequently told us that they had no intention of changing accountants but following our meeting they were ‘blown away’ with the accounting system and the way that we would set it up for them

    So, they moved from having a separate bookkeeper and a year end accountant to one firm looking after both the bookkeeping, year-end accounts, tax planning and business advice.  They have a ‘one stop shop.’

    They now receive a quarterly management report to help them understand the financial performance of the business, in particular the profit they are making on their large bespoke projects.

    We undertake their weekly bookkeeping, the preparation of annual statutory accounts, company and personal tax returns, VAT returns, payroll and tax planning.

    What results have we achieved?

    Although still a relatively new client we have already implemented Xero and set up the automated process of chasing of payments for overdue sales invoices. This in particular has helped them to considerably reduce the level of outstanding debt and consequently, improve their cash flow

    They are making the most of technology to save them time and improve the quality of their accounting records, using their mobile phones to record their expenses, so no more missing receipts whilst purchase invoices from their suppliers are scanned directly into the accounts system ahead of payment approval.

    Our Tax planning advice is allowing them to keep the amount of tax they need to pay to a minimum and they are receiving plenty of ideas and advice about growing and developing their business.

    Get in touch today
    If you would like advice and you are interested in our accounting services please call, email or complete our website contact form:

    Name*
    This field is for validation purposes and should be left unchanged.

    Google Rating
    5.0
    Based on 31 reviews
    js_loader

    Please take a moment to read our reviews on Google. If you have any feedback about our accounting services then we would be delighted to hear from you.

    Who we help at Butt Miller

    We provide many different businesses with outsourcing solutions to help make bookkeeping and financial reporting simple. Our outsourced finance function is backed by sector specific experts who sit behind the scenes, crunching the numbers and providing valuable advice and insight.

    We are able to offer support across a number of different industries ranging from:

    Scroll to Top

    This site uses cookies. Click here to view our Privacy Policy.