Growing SMEs
Businesses past the point where the bank balance is a good enough guide.
Business Advisory & Finance
Management Accounts
Regular management accounts showing revenue, costs, profitability, cash position and financial performance.
Overview
How we help with Management Accounts
Statutory accounts tell you about a year that has already finished. Management accounts tell you about the month you are in, which is the only one you can still change.
We produce a monthly or quarterly pack covering profit and loss, balance sheet, cash position, gross margin by product or service line, and comparison against budget and prior year. Each pack comes with short written commentary picking out what moved and why.
The format is built around your business rather than a standard template: if margin by site, utilisation by consultant or revenue per channel is the number that drives your decisions, that is what appears at the front.
What's included
Everything covered in this service
Scope is agreed in writing before we start, and the fee is fixed against it. If something falls outside, we tell you what it costs before doing it. Where the priority is a handful of leading indicators tracked more often than the monthly pack, that's covered under KPI & performance reporting; where the issue is cash rather than reporting, see working capital review.
- Monthly or quarterly profit and loss and balance sheet
- Gross margin analysis by product, service line, site or channel
- Budget versus actual and prior-year comparison
- Cash position, debtor and creditor ageing
- Written commentary on the significant movements
- A review call to talk through the numbers and next actions
Who it's for
Built around how you actually operate
Multi-site or multi-line businesses
Where the headline profit hides very different performance underneath.
Businesses reporting to lenders
Companies with covenants or investors expecting regular figures.
FAQs
Management Accounts: common questions
How soon after month end do we get the pack?
We normally agree a working-day deadline during onboarding: most clients are on a ten to fifteen working day cycle, which depends on how quickly bookkeeping and supplier invoices are complete.
Do we need management accounts if we are small?
Not always. They start earning their keep when decisions about pricing, hiring or investment are being made often enough that a once-a-year picture is too slow.
Can the pack focus on one number that matters most to us, like margin by site?
Yes. The format is built around whichever measure actually drives your decisions, margin by site, utilisation by consultant, revenue per channel, so that appears at the front, with the standard profit and loss and balance sheet behind it.
Do you just produce the figures, or explain what they mean?
Both. Every pack comes with written commentary on the significant movements and a review call, so you're working from an explanation of what changed and why, not just a set of numbers to interpret yourself.
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Let's talk about Management Accounts
Tell us how often you need the pack and which numbers matter most to your business, and we'll come back with a fixed monthly fee.
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