Results we achieve

Read about how we have helped businesses like yours, to look good, feel good, make money save money.

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Turning two loss making, insolvent businesses into profitable companies

• Helped turn a loss of £350,000 to a £650,000 profit – an improvement of £1m over three years
• Helped turn a negative balance sheet of £850,000 into a positive balance sheet of £1,400,000 – an improvement of £2.25m in 3 years
• Converted a £300,000 overdraft into a positive bank balance of £650,000 – an improvement of £1m in 3 years
• Saved the business owner £260,000 in tax in the same period
• When we started working with them, this company was not making a profit and had a zero balance sheet; just 3 years later the profits were circa £200,000 and the balance sheet stood at £160,000
• Most importantly we have been informed by the client’s bank that our guidance enabled it to continue to provide financial support, consequently avoiding the forced sale of the family’s assets.

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How we supported the growth of a fencing contractor

• An increase in turnover by 2285% to almost £2million per annum
• Trading from their own premises – allowing for increased production by selling fencing supplies, not simply fitting them
• Bulk buying – facilitating a change in client profile and optimisation of turnover
• Increased staff numbers – enabling further business expansion
• Our tax planning advice resulted in tax savings of approximately £250,000 over a 5 year period. The owner has subsequently invested in a property portfolio of five buy-to-let dwellings, providing financial security for the future of his family.

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Bringing clarity to business numbers to make strategic decisions with certainty

Tony Searle and Peter Cronin joined forces in 1999 to build a business to help global brands to engage personally with their end-user audiences. With Meades support they have:

• Transitioned from Sage to Xero, described by Peter as “…the end result was like walking out of thick fog and into clarity.”
• Gained control of their business numbers
• Have a simple view of critical numbers
• Take strategic decisions with 100% certainty.

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A five-figure saving, just by asking the right questions

Building a publication that is the go-to voice in an industry worth over $1,000 billion globally requires world-class financial support and that’s exactly what Meades deliver.

• Within the first month, Paul had saved Spencer a five-figure sum, simply by asking the right questions
• Spencer says, Paul’s advice continues to have a positive impact throughout the business.

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Drawing a good salary for the first time and building a robust, profitable business

• In the first year the team helped them to draw proper salaries for the first time
• New found profitability helped the business owners to buy their homes and pay their bills on time
• Given the business owners peace of mind, the Meades team attention to detail has been constant reassurance
• Knowing their numbers helps them protect their profitability and the business can now confidently take on larger jobs.

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This business owner could have purchased a new car with the tax saving Paul identified

• Getting a second opinion on this business’s accounts was worth a small fortune
• Supported the business to grow to a team of 30
• Helped the business owner to plan strategically to grow their turnover.

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Restoring a business owner’s faith in accountants

“The difference was palpable, as soon as we met with Paul and Debbie” Jonathan Smith, Youngevity

• Meades brought order to a chaotic accounting system
• Corrected several thousand pounds worth of invoices that were showing as unpaid
• Optimised the business owners drawings

That’s just the start of the improvements…

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The big city accountancy didn’t do this…

• Identified opportunities, both for the business and personally for the business owners
• Provided support to build confidence to invest more in the business
• Quarterly strategy meetings to keep the business on track towards the business owner’s vision

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