The property and construction sectors are often regarded as early indicators of the direction of travel for the broader economy, and can be both lucrative and volatile. Everything from interest rates and inflation to bad weather and budget statements can have an impact on confidence and performance of the industry. So for property and construction firms that want to thrive whatever the economic conditions, it’s essential to work with accountants and advisers who can provide reliable advice, expert guidance, and effective and actionable business solutions.
At Old Mill our specialist teams have worked closely with property and construction companies across the South West for many years. We work with businesses of all sizes – from sole traders and start-ups to family building firms, building and construction businesses, prime and sub-contractors, regional and national developers, and commercial and residential landlords and letting agents.
Depending on your aims and property aspirations, we can also advise on the right property ownership structure to provide maximum wealth for you. Whatever the size and shape of your business, we believe the key to delivering the best service is to build long-term relationships with clients, and gain an understanding of your business objectives as well as your personal aspirations. We can then work with you to achieve both.
You will be able to rely on the support and expertise of our staff across a wide range of accounting and business issues, including tax planning and compliance, Value-Added Tax (VAT), bookkeeping and payroll services. If you are looking to grow your business organically, we can work with you on financial planning and cash flow modelling to create short and long-term growth strategies. Alternatively, if your business growth is more likely to be driven by mergers and acquisitions, or you’re seeking investment to take your company to the next level, our corporate finance team is on hand to guide you through the process.
Our in-depth understanding of the property and construction sector also means that we can advise you on dealing with sector-specific challenges. We can administer all aspects of the Construction Industry Scheme (CIS) on your behalf – from registration, employment status and compliance to submitting monthly returns and dealing with HMRC. Our VAT team have an expert knowledge of the often-complex VAT treatment of issues such as new builds and conversion projects, and can find the most appropriate solution for your business. From advice on the implications of Inheritance Tax, to drawing up an exit strategy or succession plan, our experienced staff will work with you to secure the best outcome for you and your business. And when you do decide to take a step back and enjoy the rewards of years of hard work, we can help you to plan for long-term financial security.
Whatever your aims and aspirations – for yourself and your business – we look forward to helping you achieve them.
Stuart Grimster. Head of Property & Construction.
“Stuart is my agony aunt! When we first met it was immediately apparent that he was trying to understand our business and our objectives. Old Mill have tested and challenged us to try other things which have paid off. I don’t regard them as traditional accountants in the old-fashioned sense, they are business advisers.”