Case Studies

Before choosing us, we thought it might be useful for you to see who else has chosen us recently, and why. What follows are short case studies on new clients which have signed up to our services. By reading these, you may feel more comfortable asking us to demonstrate how we can help you create wealth with less risk in your business.

CS1 – Tax Planning Help in London

A recruitment company in Milton Keynes was referred to us by an existing client who wanted accountants anywhere to give them a good service and save them demonstrably more tax.

The client was suffering from low sales and challenging times. They had been with their chartered accountants for over 7 years and were getting a “good service” from them. Accounts and other matters were being handled on time.

We were introduced to Gordons Knight & Co by an existing client, who felt that they could do with a second opinion.

This new client was reluctant to talk to us, as they were happy with their relationship with their accountants. They believed they were paying the lowest tax bill already, given their situation. But they gave us a few minutes to use our Tax Planning Help.

After a 20 minute interview with our experts, we identified tax savings of £12,000 per year, which had been available to them for the last 6 years. They lost £72,000 of tax cash flow in those 6 years! It would have cleared their overdraft!

When confronted, their previous accountant said “Well, I suppose we could have done that for you…” which convinced then to change to us. Since then we have found a further £7,000 per year in tax savings, resulting in 10 year savings of £190,000.

And it all started from a second opinion that took the directors 20 minutes.

We are specialists accountants in recruitment consultant businesses. Not all Chartered Accountants in London are the same. Get started now.

CS2 – Free Business Diagnostic creates saving of over £227,000 from Chartered Accountants in Wandsworth

An estate agent in Wimbledon wanted a cost effective accountant in Wandsworth to advise them between forming as a Sole Trader or a Limited Company. This client wanted advice to protect their trading position, limit risk and protect their personal assets.

We conducted a FREE business diagnostic, taking 90 minutes. We gathered lots of data and intelligence on the business situation and the clients motivations over the short and long term.

This included a safe and cheaper method to trade, which included our growth plan. The growth plan provided the potential to save 100% tax on around 5 years profit. In this case, a saving of over £227,000 over 9 years.

The end product was a streamlined business with built-in tax savings and lower risk, in-keeping with the clients original briefing.

The difference with us is that we specialise in business and tax: a powerful combination that puts the business owners motivation at the centre of everything we do. We often identify tax savings from our first meeting, and within the first 20 minutes.

Some chartered accountants in Wandsworth are worth getting a second opinion from. Get started now.

CS3 – Just in Time Reporting to save the business – Local Accountant saves 25 jobs

This claims management company had been let down by unqualified accountants in Central London. They were about to lose their license to trade due to non filing of annual reports.

The reports were required to be filed within 2 weeks over the Christmas period. We agreed a fixed fee with the client for doing this job, plus spoke to the regulators and bought them valuable time they needed.

We got to work immediately, with senior team members volunteering to cut their holiday short to help these clients.

The report was delivered 2 days early, avoiding disaster for the 2 directors and the 25 employees. A great result!

While reviewing the systems, we identified 16 improvements to their procedures which will make reporting easier in the future. We also identified tax saving strategies capable of saving over £45,000 per year on their current profitability.

Sometimes Gordons Knight, the country’s local accountant is worth talking to for your business solution. Get started now.

CS4 – Tyre Company looking to downsize – Tax Saving Missed by Accountants in Clapham

This successful tyre company was with a medium sized accountants in Clapham. Their internal accountant introduced them to us after working with us on another assignment

Their only issue was the fees they were paying.

However, during their FREE Business Diagnostic session with us, we identified annual savings of £6,700 per year the larger firm had missed. Over 10 years this amounts to a saving of £67,000.

This saving, alongside a saving on our fees of 15% convinced the client we were right for them.

It doesn’t matter who your current accountants are. Out tax expertise will root out any tax savings there may be.

Speak to Gordons Knight – tax accountants in Clapham for business owners anywhere. Get started now.

Other successful case studies
* Stage manager in Streatham, wanted an accountant in Wimbledon to offer fixed fees (really fixed).
* Musician and Trader in SW17, wanted a local chartered accountant to cut costs without cutting services.
* TV editor in Clapham, wanted an accountant in South or Central London to advise on the transfer from sole trader to limited company.
* Recruitment company in Oxfordshire wanted a reliable and capable accountant in Central London to advise and manage their accounts function and tax planning.

We are taking on so many clients this list could be endless. Email gds(at)gordonsknight.co.uk for more information on great tax and business success stories or call 0208 241 3000 to start your own success story today.