Case Studies

Divide to protect

Our client had been operating successfully in the building industry for many years, during which time he had built up a valuable portfolio of investment properties.

Seeing together that there were tough times ahead for the building industry, we started to plan how to protect the investment portfolio.

Following consultation, we advised that the property portfolio should be moved into a separate limited company, away from the commercial building activities to create two financially independent entities.  We then helped the client form and successfully transfer the properties into a new company without incurring any tax payments.

Subsequently, the client was able to transfer shares from the building company to other family members involved in the business operation, without creating an Inheritance Tax or Capital Gains Tax exposure.  This allowed the client to freely deal with the passing down of his property portfolio independent of the transfers. 

Peter Hedgethorne, director, said “We were very pleased with the result that we achieved for this client.  We were able to successfully divide the client’s business into two independent companies without incurring additional tax liabilities.  The client is now free to concentrate on his building business and deal with his investment portfolio as he wishes.”

Fast growth needs fast information

Over a period of 5 months, Plus+ saw a London-based start-up through dramatic growth; going from zero to an annualised turnover of £1million in just five months.

As a fast-growing start up, the directors found it a challenge to keep one eye on the cashflow requirements while keeping the business in general on track. As a result, the company outsourced its finance department to Plus+ so that it could benefit from:

  • Higher level financial advice
  • Finding the cashflow to fund the growth
  • Understanding their profitability and knowing what areas of the business were creating the majority of the profit
  • Accurate cashflow forecasting to identify when the company would require additional finance
  • Credit control and Payroll

Jamie Young, director of Plus+, said “By taking advantage of the full range of our Business Management Services, the directors have been able to concentrate on moving the business forward, while knowing that we are taking care of their financial requirements.  We look forward to being a continuing part of this success story”.

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