Construction

To say we know the construction industry is an understatement. With combined experience in excess of 50 years, we are perfectly placed to help clients navigate their way through what is one of the toughest sectors to operate in.
 

Our senior team currently hold various Finance Director roles within successful construction businesses, acting as trusted advisors. In an industry that presents its own unique challenges, such as the intricacies of CIS, aggressive payment practices and retentions held by main contractors, it really is vital to work with accountants that truly understand the sector.
 

Working predominantly with subcontractors, we appreciate the funding requirements that are necessary to be able to profitably service contracts. With our extensive network of contacts at specialist construction lenders and our partnership with Capitalise, clients often turn to us to help unlock valuable working capital.
 

In an industry where projects can take years to complete, we ensure that clients have appropriate systems in place to accurately record and track project costs to measure profitability throughout the job. Additionally, we will help implement adequate financial controls, to ensure returns are maximised.
 

Traditionally, innovation often goes unnoticed within the construction sector, however, our detailed knowledge of clients' operations and a solid understanding of the Research & Development claims process has helped clients unlock huge amounts of cash from this generous tax incentive. On more than one occasion the potential for an R&D claim has been the difference between projects being profitable and not.

Ross Hudson Electrical

“SAS have been able to recover £38k of CIS tax, covering 3 separate tax years. Not only this, but one of the main contractors I had been working with had not notified HMRC of the CIS deductions made and then went into administration. I could never have managed this without their expertise and persistence”

Ross Hudson - Managing Director

Sectors
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© 2016 Sterling Accounting Solutions Limited is a company registered in England and Wales under number 07787772. Sterling Accounting Solutions Limited is a member of the Institute of Chartered Accountants in England and Wales Practice Assurance Scheme under registration number C004248247.