Manufacturing

Competition from low cost overseas territories has led to significant price pressure for those businesses operating in the UK manufacturing industry.

However, the UK continues to be a centre of excellence for precision engineering, high margin and niche manufacturing businesses. The industry also makes a significant contribution to UK GDP, is responsible for approximately half of UK exports and employs some 2.5 million people. It continues to be an important part of our economy, a key component of our corporate landscape and features widely within our client base.

Helping our clients with current sector issues

Our experience in the sector has been built up over many years by serving the needs of our manufacturing clients and providing proactive solutions to their compliance and business advisory requirements. We look after privately owned, private equity backed and quoted UK companies that produce:

• Agricultural equipment
• Automotive components
• Chemical and pharmaceutical products
• Computer and telecommunication equipment
• Electronic and electrical devices
• Food and drink products
• Healthcare products
• Metal, paper, timber and textile products
• Transport equipment

This wide ranging client base provides us with front line visibility on the challenges the wider manufacturing industry faces and allows us to offer preemptive and value enhancing business solutions.

Practical and relevant solutions to help our manufacturing clients succeed

We provide a fully integrated suite of compliance and business advisory services. Our aim is to support our clients in their growth plans and to proactively add value wherever possible. We want to work closely with our clients to help them maximise profits, improve operational efficiencies always aiming to generate shareholder value. Our core services include:

• Business planning and raising finance – debt finance, private equity and the capital markets continue to provide funding to the manufacturing industry; however some sectors are more favoured than others and identifying the most suitable form of finance is critical to achieving stakeholder objectives
• Audit, Corporate Tax, VAT and PAYE compliance – we aim to provide a cost effective compliance solution that minimises management distraction, meets with the relevant regulatory requirements and identifies areas for value added improvement
• Cross border services - overseas expansion in the developing, highly populated growth markets is key to those manufacturing businesses whose domestic UK market may be experiencing little growth; our international presence across 120 countries provides local expertise and corporate contacts to support international trade and expansion
• M&A and strategic advice – whether you are in acquisition or divestment mode, having an experienced team of M&A advisors by your side that are skilled negotiators and deal doers will ensure that deals are closed on the best financial and commercial terms possible
• Tax advisory – full optimisation of relevant corporate tax reliefs for capital allowances and R&D spend is key to ensuring value is not leaked unnecessarily
• Working capital management, business improvement and financial modelling – significant value can be generated from having the right inventory levels, credit control and supplier payments in place; many manufacturing businesses suffered significantly during the recession because working capital was neglected.