We were approached by a company which had reported losses in the previous year but was growing very quickly. Its bank manager was becoming worried as its financial systems needed improving and its current accountant was doing nothing to help the company sort out its problems.
A Cheshire farmer had developed a profitable farming business and then diversified into haulage and contracting. The diversified business had grown slowly but had now become quite profitable.
We were approached by a new client who was about to sell a large amount of land for development which would lead to a significant tax liability.
Business Start Ups
Some years ago a new client was recommended to Murray Smith by a local solicitor. He wanted to set up a recruitment business and had ambitious plans however he could not get any backing from the banks.
Not for Profit
Almost 20 years ago a local Sixth Form College had just moved away from local authority control and had been using one of the large international firms of accountants to help develop their independent financial systems.
Two director shareholders had successfully built a business that had become very profitable. In the early years they were entirely focused on making the business work and they accepted the risks as part of being an entrepreneur.
Darland House, 44 Winnington Hill, Northwich, Cheshire, CW8 1AU