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Construction Industry Case Studies

Construction industry accountancy specialists initial business health check evolves to full support for specialist building company

With SGW recommendations successfully implemented and the business starting to turn around, Portsmouth Carpentry asked SGW to provide a full package of financial support services ... a decision that has contributed to the business turning over in excess of £1m today.

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Construction industry accountancy specialists support building company’s growth ambitions

Working with SGW saw Hi-tech turnover increase from less than £1m to over £3m in three years. The business is particularly recognised in Hampshire and neighbouring counties for its expertise in drainage and for disabled adaptations.

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Construction industry accountancy specialists initial business health check evolves to full support for specialist building company

Portsmouth Carpentry looked to SGW Accountancy Services Ltd during a period of particularly poor trading.

SGW’s initial business health-check uncovered a raft of problems including lack of credit control, failure to raise purchase orders, an absence of professional quoting and a lack of experience and expertise in managing day-to-day issues like VAT and payroll.

With SGW recommendations successfully implemented and the business starting to turn around, Portsmouth Carpentry asked SGW to provide a full package of financial support services … a decision that has contributed to the business turning over in excess of £1m today.

Portsmouth Carpentry also provides a good example of the networking and community-natured climate that SGW engenders, with introductions facilitated between clients (Portsmouth Carpentry and Hi-tech Property Services, for example) to mutual benefit wherever possible. And with SGW looking after a number of back-office functions for the business, Portsmouth Carpentry saves a significant five-figure sum each year in its wage bill.