Manufacturing

The UK is the 11th largest global manufacturer and there has been vibrant growth within the sector in recent years with a strong focus on innovation as the industry moves into the technological age.

The uncertainty facing this sector remains high and this, paired with the rise in production costs and workforce recruitment and retention, means it is particularly essential to have a team of experts to assist in managing your accounting and business requirements.

As experts in the industry we offer support with aspects including:

  • Research & Development tax credits
  • The Patent Box initiative
  • Capital allowance claims
  • Acquisitions and disposals
  • Audit
  • Payroll and Bookkeeping
  • Succession Planning
  • Diversification
  • Exit Planning
  • Grants and finance
  • Enterprise Investment Schemes (EIS)

Our Manufacturing Group meet on a regular basis throughout the year, with representatives from across the firm discussing current matters impacting the sector as well as ensuring advisers are up to date with recent legislative changes.

Get in touch with your local office and speak to one of our specialist manufacturing advisers.

Client Review

Manufacturing Client
Whiting & Partners guided us in setting up the day to day accounting systems and have since looked after the annual accounts and tax matters.



 
Latest Blogs in Manufacturing
 
Chris Ridgeon
6th February 2012 Sale of Pump Supplier Business

  Whiting & Partners, The Corporate Finance Network’s representative firm in Cambridgeshire, has successfully advised the shareholders of a pump supplier to a global competitor. The Whiting & Partners team, marketed the company for sale which led to a number of meetings and subsequent offers from a range of interested parties. The client, using the…

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Jeannette Hume
18th September 2017 R&D Tax Relief: HMRC publish take-up report.

R&D tax relief, to provide government subsidies to those companies that develop innovation products, services or systems, has been with us for 17 years now. The latest HMRC R&D tax relief take-up report, encouragingly, shows that the following recent improvements to the scheme have increased the amount of tax relief claimed by 22% over the…

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Ian Piper
18th October 2016 Wealth Protection

Once clients have built up a successful business, their focus will naturally evolve from business development to protecting the valuable they have buily up from the risks associated with running a business.

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Jeannette Hume
7th October 2016 Preferred Exit

MBO: Self-funding £1m deal allows owners to retire. We have successfully advised the business owners of an engineering firm on its £1m buy out by the existing management team. Our team were initially approached by the business owners for exit planning advice. The owners had successfully built up an engineering business over 20 years and…

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Richard Meadows
18th July 2016 Post BREXIT

BREXIT: What now for UK manufacturing? Now that the dust is beginning to settle following the UK voting to leave the EU, it is clear that it will take some time to determine what the economic infrastructure will be once we do finally reach the point of exit. One immediate effect, however, is the initial…

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Richard Meadows
3rd March 2016 EU Referendum

EU: Good or bad for UK manufacturing? The announcement of the date for the In/Out of the EU referendum has stirred debate as to whether being within the EU is good or bad for UK manufacturing business. There is clearly no simple answer to the question, with various interest groups declaring themselves as yes or…

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Steve Smith
30th November 2015 Business Asset Financing

Green Finance: Santander now lending on energy efficient CapEx. Santander, through their partners Macquarie Equipment Finance, have recently announced that they will lend on the following energy efficient asset purchases: Batteries/storage Biomass Boilers Boilers (condensing/gas) Building Management Systems CHP systems Energy Efficient Lighting (LED) Gas turbines Heating/ventilation air conditioning systems Metering Power factor correction Roof ventilation Solar…

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Keith Day
20th October 2015 Risk Management

Export Insurance: Mitigating export risk. Whilst commercial banks and insurers will be your first source of support, if you can’t get export insurance from the private market, UK Export Finance may be able to help.  UK Export Finance is the UK’s export credit agency and is the operating name of the Export Credits Guarantee Department (ECGD)…

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Keith Day
14th October 2015 Apprenticeships

Manufacturing: Record numbers undertaking apprenticeships. Provisional statistics released show that more people than ever are doing an apprenticeship, with a strong growth in the number of higher apprenticeships. According to the figures, more than 872,000 people were employed on government-funded apprenticeships during the 2014-15 academic year, with almost 30,000 people working towards gaining the higher…

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Richard Meadows
4th April 2014 Reshoring

Are You Considering Reshoring? There are early signs of a growing trend of manufacturing businesses taking a critical look at their production processes. Parts of their production that had previously been outsourced abroad, particularly to perceived low cost suppliers in the east, are now being brought back to the UK. This is being labelled as…

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