Case studies
John Shields Buildings Limited are a bespoke timber building manufacturing and installation firm, based in North Tawton, who deliver a high quality product and service throughout the South West .
The challenge was “to grow”
Shields Buildings approached R T Marke & Co Ltd during a search for a local, but sizeable, firm who could offer a full range of services and have access to a variety of resources that would benefit and support a company wanting turnover growth.
They were driven by concerns that their current accountants would not have the time, or the experience needed, to deliver advice and business solutions that the company would need to achieve the desired growth.
The R T Marke & Co approach
John Shields , Director of John Shields Buildings Limited commented, “Our first meeting with R T Marke & Co Ltd reassured me that I was making the right decision to move from a satisfactory “one man band”, who I had little to complain about.
Our relaxed first meeting was as much about me understanding them, as it was about them understanding me, what I wanted and where I wanted to be in the future.
We discussed the benefits of R T Marke & Co’s fixed fee service known as Boardview, which is designed to help businesses like mine improve profitability and fulfil their business potential. The promise of regular half day meetings and the availability of a sounding board to me, so that I could suggest ideas and receive the benefit of experienced professional opinion sounded very good, so I changed agents and became a R T Marke & Co Ltd client”.
R T Marke & Co continues to provide the compliance service of accounts and corporation tax returns, but in addition Shields Buildings now receives the invaluable support of experienced business advisors.
Challenges that face a firm as it grows are managed and resolved together. Shields Buildings has benefited from advice on systems, business structures, pricing, marketing, monthly monitoring of key performance indicators (KPIs) as well as tax efficient extraction of company profits and ad-hoc advice on major strategic business decisions.
The outcome was “increased sales and profit”
John comments that after two years with R T Marke & Co Ltd I can say I have a successful and stable business , with a much increased turnover and profit , but the creation of the monthly KPIs now mean I can see exactly where I am every month, and know where to focus my efforts in the following month, something I never used to know, but it is so powerful in shaping the business growth.
The team at R T Marke & Co Ltd are always available for me to speak to about all financial plans and issues that arise, and act as a “sounding board” when I need someone to bounce ideas off of. Their advice is always clear, professional, balanced and independent, which helps me to make sound strategic decisions. I look forward to many more years of partnership with them.
Knowing I have some much business experience and knowledge that is just a phone call away, is so reassuring.
I would certainly recommend the highly valued Boardview service I receive to any ambitious business who find themselves stuck in an underperforming business.
Visit the Shields Buildings website and view a selection of their beautifully made, bespoke, lifestyle timber buildings.
Contact us!
Email or call us today on 01237 472332 for advice on systems and controls or to discuss your other audit requirements.