Having fought hard through the 2007 financial crisis this construction based employer had grown to employ over 20 staff but were struggling to take their business to the next level.
Following an initial meeting with Ryans several opportunities were highlighted to the directors for tax savings, efficiency improvement and business growth.
With this 3 pronged approach in mind Ryans set to work. A new remuneration strategy was implemented saving over £12,000 per year. Ryans advised a new company structure including middle management to take some of the strain off the directors. This ensured the firm not only became more profitable but enabled the directors the time they needed to grow the business.
Just 2 years on from the start of their partnership with Ryans, Probalance are more profitable, have grown over 50% and have systems in place to ensure their management information is timely and accurate.
Recently, we have helped the client navigate through the COVID-19 pandemic, after an initial recommendation we assisted transition from Sage Accounts to Xero and again further improve internal reporting.
“It’s a pleasure to work with such willing clients, they take time to listen to our suggestions and not only that they implement them effectively. Our relationship has grown over the last 4 to 5 years and the mutual trust enables all parties to benefit.” Dale Pollitt – Director, Ryans Chartered Accountants