Audit

How an Old Mill audit can improve your business performance

A smart audit is one of the most valuable tools a business can have — not just for compliance, but for growth. By choosing an auditor who goes beyond the basics, businesses can unlock cost savings, improve cash flow, identify and address risks, and make smarter financial decisions.

Old Mill specialises in proactive, insight-driven audits for privately owned businesses. Contact us us today to discover how we can ease the compliance burden and extract the value out of your audit.

31st March 2025


Uncover hidden cost savings

We don’t just check the numbers — we analyse your business operations to identify inefficiencies:

✔ Are there unnecessary costs in your supply chain?

✔ Are you claiming all available tax deductions and reliefs?

✔ Could refinancing reduce your interest payments?

Without these insights and benchmarking across industries, businesses can waste money without realising it.


Strengthen cash flow and financial planning

Cash flow is the lifeblood of any business. We provide a proactive audit that identifies risks that could impact liquidity and provide practical solutions to keep your business financially healthy.

Audit-driven cash flow improvements:

✔ Identifying slow-paying customers and tightening credit controls

✔ Reducing excess stock to free up working capital

✔ Refinancing options to improve short-term liquidity

With the right guidance, businesses can use audit insights to boost financial stability and plan for growth.


We help identify business risks and improve decision-making

We provide a risk-focused audit identifying financial vulnerabilities before they become serious threats:

✔ Identify areas of internal control weaknesses susceptible to fraud

✔ Stay ahead of changing financial and regulatory compliance

✔ Assess financial exposure in volatile sectors

With the right insights, business owners can make proactive decisions, rather than reacting to financial surprises.


Drive business growth with financial intelligence

A well-structured audit doesn’t just analyse past numbers—it provides a roadmap for future growth.

How?

✔ Benchmark financial performance to industry peers

✔ Identify profitable areas for expansion with insights

✔ Use audit findings to support business decision-making and strategic planning

Rather than just looking backward, the best auditors help business owners look forward.


Is your current auditor helping your business grow?

Not all audits add value. If your audit experience only consists of routine number-checking, it might be time to ask:

  • Does my auditor provide financial insights and business recommendations?
  • Have they helped identify cost savings or cash flow improvements?
  • Do they understand my industry and tailor their approach accordingly?
  • Are they proactive, or do they just show up once a year?

If the answer to most of these is no, your business might be missing out on valuable growth opportunities.


How to choose an auditor that goes beyond compliance

A smart audit firm doesn’t just check financial statements—it works with you to build a stronger, more profitable business.

When choosing an audit partner, look for firms that:

✔ Specialise in privately owned businesses (not just large corporations)

✔ Provide industry-specific insights that are relevant to your market

✔ Offer proactive advice rather than just checking compliance boxes

✔ Invest time in understanding your business goals

✔ Have access to specialists to take advantage of identified opportunities


Get in touch to find out more

Contact us today to discuss how we can provide a tailored, value-driven audit that meets the unique needs of owner-managed businesses like yours.