PCS Motor Factors Limted is a successful and growing local motor parts retailer/wholesaler.
Their bookkeeping system was very outdated for a business of it’s size and also needed support in the process of transferring from a partnership into a sole trader
Working closely with them, over a period of a couple of years Hub3 were able to update the accounts system, training current staff to be more efficient, and bringing their systems into the 21st century.
Moreover, a move to a limited company was considered and the various tax savings of incorporation specific to the business explained, along with other implications of becoming Limited.
A smooth transition for the client, and the successful mitigation of taxes and other cash flow savings.
Hub3 was able to offer tax advice at the right time to ease any worries about the future of the business, and to give the client the confidence needed to make the correct decision.