Creating a world where no business owner is alone See what we can do for you
aspen waite
TRUSTED ADVISORS
World-leading advice for everyone Welcome to Aspen Waite, where we believe the best possible business advice should be for everyone - not just the few. We work hard to earn your trust, become true friends, and make available the fullest range of services to you. By recognising that each and every client is different we are able to provide the right advice for you.
This brochure seeks to set out some of the things we can do for you and your business. Everything is possible, and we will make a difference for each and every client. We passionately believe all businesses deserve to be well advised, and are committed to building our brand as the advisors of choice.
This ‘know your client’ approach is central to everything we do.
Paul Waite FCA FCCA Chief Executive, Aspen Waite
Introduction Being in business is hard work and can be lonely. Every business has challenges, and every solution is different. Wherever you are on your journey, Aspen Waite have a solution for you to guide you on your way.
Contents About Us
Our Services
Our Trusted Partners
What we do
Accountancy Services
Environmental Services
Our Ambition
R&D Tax Credits
Forte Financial
“Know your client�
Sales & Marketing
Contact Details
Specialist Tax Services Outsourced Payroll Business Recovery Corporate Finance Company Secretarial
Real people providing the
Complete Business Growth Service Proud disruptors of the accountancy market, combining every service you need under one roof. With national coverage, we aspire to be the leading firm of business advisors across the UK. To achieve this, our Complete Business Growth Service was born offering real benefit and guiding you through your business journey.
Happy Clients, Happy Business Do you want to get the most from your business? With proven success in growing businesses, we know what to look for, ensuring we provide the right advice - at the right time. Achieve your goals with the help of Aspen Waite’s advice and support, whatever the challenge.
Our Services It’s impossible to list every challenge a business owner might face, so we’ve prepared a non-exhaustive list of some of our solutions. Accounting & Audit A comprehensive range of services for businesses. Bureau Services Outsource your payroll, VAT & bookkeeping requirements. Business Advisory Expert advice from real people, tailored to your needs. Company Secretarial Looking after all of your statutory responsibilities. Corporate Finance Helping you grow, finance or dispose of your business with tailored solutions.
Growth & Recovery From profit maximisation to support for distressed businesses. Insolvency Services Sympathetic advice and support when you need it most. Intellectual Property Everything you need to protect your IP with specialist solutions. International Services Helping you trade around the world, or set up in the UK. Marketing & Media Full range of creative design, marketing and media services.
Private Client Services Providing the complete service for individuals and families. R&D Tax Credit Specialists Access the full range of incentives from your innovation work, whatever the industry. Tax Advisory Proactive advice to minimise your tax liabilities and making full use of available reliefs.
Our approach is centred around one basic principle:
Know Your Client
We help our clients achieve their goals with quality advice and support, delivered by real world people with extensive and diverse business experience. How do we do this? We live by the statement ‘know your client’, helping to build lasting relationships, and truly understand the challenges that you face. By combining our broad business acumen with real life experience, we offer the best advice, tax and business solutions. So whatever your challenge, we have the skills, the experience - and a genuine desire to help.
Our ambition is to be the leading firm of advisors in the United Kingdom.
To achieve this we will: • • • • • • • • •
recognise each and every client is different listen to you and your challenges empathise with you always try to give the best advice educate you on what you need to know provide you with someone to talk to introduce you to people who can help add value and be true friends never leave a business owner feeling alone
Accountancy Services Aspen Waite are a top 100 accountancy firm, registered auditors, Chartered and Chartered Certified Accountants.
Practical accounting advice for all your business and personal needs, providing you with solutions to succeed. In today’s increasingly complex financial and business world, everyone needs reliable, professional help managing their affairs. Our proactive approach to accounting helps you learn from the past - and plan for the future.
Our services include: • • • • • • •
Accounts Audits UK GAAP and IFRS financial statements Corporation Tax Returns End of Year Statutory Accounts Production Making Tax Digital Forecasting and Budgets
• Strategic Planning • Accounting Software and Solutions • Reporting • Management Information
R&D Tax Credit Specialists Industry leading R&D Tax Credit specialists unlocking real cash in your business, using your innovation to fuel growth.
If your company creates or adapts products, services or technology, or has improved existing technology, you will likely qualify for R&D Tax Credits. R&D Tax Credits are a government incentive designed to encourage companies to invest in Research & Development. They provide a valuable source of cash to many companies, helping them to reinvest in their business and grow. The scope of what qualifies for R&D is huge and exists in practically every sector. This means that most business owners could claim. To qualify, your business must: • • •
Be a limited company and subject to corporation tax Carry out relevant and qualifying activities Spend money on this work
What is it worth? SMEs can claim up to 33p for every £1 spent on qualifying activities and, depending on your circumstances, this is available as either corporation tax relief or a cash refund. You can go back up to 2 financial years, so a first time claimant could receive a substantial refund. We specialise in helping you to maximise the benefit of R&D Tax Credits with our proven process and expert tax knowledge.
Marketing and Media Grow your business with our marketing and media capability. We provide everything you need to ignite your creativity.
We help companies grow their business with proven strategies, stunning creative, and access to a range of media and marketing solutions. Our in-house capability and access to the latest innovations in software, technology and equipment means that you can access a full suite of solutions for your business
Your business challenges
How we can help
• • • • • • •
Finding the right kind of customer Brand differentiation Maintaining customer relationships Spending too much time on administration How to effectively up-sell Maintaining customer service Developing your brand
•
Producing quality marketing materials
• • • • • • • • • •
Develop your sales and marketing plans Produce a wide range of marketing material Take care of print and distribution for you Record professional quality video and audio Help get your business online Create and manage social media accounts Provide advice on sales opportunities Audit your current marketing activities Introduce you to industry experts Create opportunities through our partners
Specialist Tax Services Proper use of tax planning strategies help you achieve personal and business financial goals.
Tax is a huge, complex area of business, and there are thousands of schemes, reliefs and incentives available. Individual circumstances and objectives means each client needs a unique strategy for optimal tax efficiency, so we will work with you to understand your needs.
Your business challenges
How we can help
• • • •
• • • • • • •
• • •
Reduce the amount of tax you pay Cashflow issues surrounding tax payments Knowing what can, and can’t be claimed Ensuring you are compliant with the many laws Dealing with any HMRC enquiry How to plan for the future Ensuring you have the optimal tax planning
Lower the amount of taxable income Reduce the rate of tax you have to pay Greater control of when you pay taxes Maximise tax relief and credits available Deal with HMRC on your behalf Provide peace of mind for compliance Help you plan for the future
Outsourced Payroll If you don’t have the resources to process payroll efficiently, outsourcing can be a great decision, saving you time and money.
Our dedicated payroll team are committed to providing you with a professional and timely payroll service,helping ease the burden of time-consuming and complex legislation, so you can concentrate on running your business. As with any business decision, it’s important to consider your options to make sure you are making the right choice for your business. Aspen Waite provides a flexible approach to payroll, are committed to actively informing you of your obligations, use the latest software and technology and provide a range of options to suit any requirement.
How we can help • • • • • • •
Full payroll set up to your requirements Accurate and timely processing of weekly, monthly, 4 weekly or fortnightly payroll Providing payslips and e-payslips as required Administration of PAYE, National Insurance, and any statutory payment requirements Real-time information (RTI) PAYE filing Preparation of End of Year Returns and P60’s Advice on PAYE and National Insurance
• • • • •
Processing starters and leavers as required and providing you with the documentation Ensuring your payroll is fully GDPR compliant Administration of Pension Schemes and reporting to your auto-enrolment provider Construction Industry Scheme (CIS) Returns Keeping you informed of legislation changes that may affect you and your business
Business Recovery Our Distressed Business Solutions are tailored to provide support when you need it most.
There is a huge amount of risk and stress when running a business, especially when things are not going to plan. Loss of a key person, customer or supplier can have serious ramifications. If a business is threatened by financial problems, the quicker this is addressed, the more successful the outcome is likely to be. Aspen Waite specialise in helping distressed businesses turnaround and get back to being profitable, protecting jobs, families, and everything you’ve worked to create.
Your business challenges
How we can help
• •
• • • • •
• • • •
Large, outstanding liabilities with HMRC Creditors demanding immediate payment and withholding services Debtors withholding funds Over-reliance on business overdraft facility Spending too much time juggling cash than on the business Worrying about the future of your business
If there’s a will, there’s an Aspen Waite Way.
Explore all options to reduce immediate risk Help you and HMRC to agree payment terms Expedited R&D Tax Credit claim Confidential and compassionate advice Expert advice on funding options including to secure cash injections • Advice on cashflow forecasting, credit control and spend reviews
Corporate Finance There are many scenarios where you might need specialist corporate finance support and services.
Corporate finance is a wide, complex area of business advisory. Enlisting the help of a specialist provides many benefits - not least a better understanding of how your business is performing. From raising capital to expanding internationally, as a business owner you need to trust your advisor to provide you with the right information at the right time, helping you make the best decisions.
How we can help • • • • • • • • • •
Buying and Selling a Business Mergers and Acquisitions Management Buy-Out and Buy-In Leasing and Consumer Finance Private Equity Advisory Raising Finance and Debt Strategic and Exit Planning Project Management Business Plans Financial Modelling
• • • • • • • • •
Management Information Financial Due Diligence Business Valuations International Markets Looking to raise funds for expansion Evaluating business strategies and models Providing greater insight into how your business is performing Generate liquidity and exit strategies International markets
Company Secretarial Avoid the stress and additional work - our dedicated Company Secretarial service keeps you compliant on time, every time.
All UK limited companies are registered at Companies House and must provide accurate information about the company, its directors and shareholders. If you are a company director, you are legally required to ensure the company meets these filing obligations. How you meet these requirements can depend on your knowledge and the complexity of the company and its structure - and how much time you have. Keeping on top of these requirements can be a drain on valuable business resources when your attention is needed elsewhere.
How we can help • • • • • • • •
Free up time and provide peace of mind Ensure your statutory compliance obligations are looked after efficiently Help make complex legislation understandable Help avoid penalties and to meet filing deadlines Provide record-keeping Company Incorporations Change of name or name swap Share issue and transfer
• • • • • • • • •
Share division/consolidation/re-designation Purchase of own shares Restoration and application to strike off Company Secretarial due diligence Register appointment and resignation of directors Prepare and file Confirmation Statement Change accounting reference dates Act as registered address Telephone support and advice
Our Trusted Partners “Together, everyone really does achieve more. We find comfort among those who agree with us - growth among those who don’t. Challenging - but invigorating.” Paul Waite, Chief Executive
Recognising we needed to work with non-accountants to succeed, we’ve partnered with industry leading professionals around the UK and internationally to provide the complete service. Aspen Waite embrace collaboration, knowing that those who work together achieve more. That’s why we’ve built a leading network of partners to help achieve our aim of providing every service imaginable. Our partners provide specialist support in regulated and non-regulated areas, so if we can’t help - we know someone who can.
How our partners can help •
Wealth Management
•
HR and Compliance
•
Access to Grants and Funding
•
Recruitment Solutions
•
Intellectual Property and Patent Applications
•
Social Media
•
Management Consultancy
•
Insolvency Practitioners
•
Custom Software Solutions
•
e-Commerce and Trade
•
Sports and Events Hospitality
•
Accessing International Markets, Importing and Exports
•
Solicitors and contract law
•
Procurement and cost-savings
•
Manufacturing and CAD/CAM
Environmental Services We can help your business survive and thrive during the inevitable and imminent transition of a low carbon future.
Aspen Waite Environmental Services, through our partnership with Egnida Consulting, has the specialist skills in energy, innovative smart systems and mobility to help support a low carbon future. Help transition to a Low Carbon Economy When it comes to climate change, the world has reached a point of no return and awareness has reached new levels with the public, business, and governments worldwide finally recognising the universal nature of climate change. All the UK Governments, and an increasing number of local authorities, have declared a climate emergency and adopted ambitious carbon reduction targets, as have a growing number of highprofile businesses. Reduce the carbon impact of your organisation Whatever the size and nature of your business, there is an increasing expectation for companies to take action to reduce its carbon impact. To avoid being left behind in the world’s transition to a low-carbon economy, take action now with the guidance and solutions provided by our team.
Wealth Management Forte Financial Services specialise in providing high quality advice on may aspects of wealth management.
Wealth Management starts with simple basics such as effective remuneration and business tax planning and includes advice on a range of key areas including; • • • • • •
Inheritance Tax Planning Pensions Investment Planning Mortgages Insurance Capital Gains Tax Planning
Few of us manage our finances well and our mission is to support you allowing you to concentrate on what you do best. The Financial world is complex and fast changing so being able to offer peace of mind and quality advice is a prerequisite. As personal circumstances and opportunities develop your financial plan will need to reflect these. It is in this area we believe Forte Financial provide a distinct service, regularly assessing and advising on investment performance, legislative changes and new strategies to help achieve your objectives. This is a Trusted Partner service - Aspen Waite will refer you to a regulated company.
Talk to a Trusted Advisor today Aspen Waite are pioneering business advisors with a fresh approach to business advisory services. We want to create a world where no business owner feels alone, helping to advise, educate and innovate. Learn more about #TheAspenWaiteWay by arranging a free consultation with a trusted advisor today. We are much more than advisors and accountants. We are Aspen Waite.
Useful Information Email: Web: Twitter:
advice@aspen-waite.co.uk www.aspenwaite.co.uk @AspenWaite
West Country
Our Other Offices
Head Office
Wales
South
Rubis House 15 Friarn Street Somerset TA6 3LH Tel: 01278 445 151
Cardiff Arms Park Westgate Street Wales CF10 1JA Tel: 02922 400 918
Boston House Grove Business Park Wantage OX12 9FF Tel: 01235 766 162
Marketing, Trade & Innovation Centre
London
South East
199 Bishopsgate Spitalfields London EC2M 3TY Tel: 020 3880 7314
Bank House Queen Street Kent CT14 6ET Tel: 01304 279 023
Porthcawl
South West
8 Well Street Porthcawl Wales CF36 3BE Tel: 01656 783420
21 Bampton Street Tiverton Devon EX16 6AA Tel: 01884 257725
Lions House West Quay Somerset TA6 3HW Tel: 01278 445 151
Wellington Town Hall Buildings 1 Fore Street Wellington TA21 8LS Tel: 01823 666 602
Find out more about the #AspenWaiteWay www.aspenwaite.co.uk