This web agency had grown very fast – with turnover exceeding £1m – but as anyone with small business experience will tell you, fast growth can be a mixed blessing. Their books were complicated, unreliable and unfit-for-purpose.
We wanted to help this agency continue on their road of success without any of the hassles and confusion they had experienced in the past.
Working back through two years of accounts with a forensic approach, we audited every aspect of their position. What started as a simple project turned into a CSI-style investigation involving five companies, dozens of accounts, and a complex web of information.
We worked to get the plumbing right, including changing the company’s structure and shareholder agreements, revising their financial reporting (including reducing reporting times from one month to four days), and creating simple processes that anyone could follow.
For the first time the agency knew exactly where they stood, and could use this information to plan for their ongoing success. Which, we are thrilled to say, they continue to have.
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