MCC have experience of advanced financial and management accounting techniques and practices which can deliver that cutting edge to your organisation.
Cash Flow Forecasting & Modelling
Measuring and reporting on actual performance against budgets can provide you with a real insight into how successfully your business is operating. We ensure that you fully understand the messages generated through this exercise and work with you to make key business decisions accordingly.
Financial Modelling involves detailed sensitivity analysis based on “probabilities” & “what if” conditions to reflect the risk & uncertainty. This helps business owners and managers manage risk in the most appropriate way.
Not all businesses have the resources to employ a full-time financial director or financial controller. This can create weaknesses in the overall management of your business. Through our financial controller service we provide the necessary skills and support to cope with your business’s financial management requirements. This includes management accounts production and review, key performance indicators, profit and cash flow forecasting, working capital management and capital funding.
We can help you to implement Sage-based accounting systems: Sage Instant Accounts, Line 50 and Payroll. Alternatively, we can review and make recommendations to your present system to increase data accuracy and relevance to increase overall efficiency. This can take the burden from your reporting requirements and help you concentrate on other areas of the business.
Cash Flow & Credit Management
We have all heard the expression ‘turnover for vanity, profit for sanity’. It is imperative you manage cash flow on a day to day basis which involves prioritisation of payments, negotiating with the crown on PAYE, VAT payments, negotiating credit terms, payment plans with suppliers and stringent credit control.
Our company secretarial services include dealing with annual returns, director appointments and resignations, the maintenance and completion of statutory books, the filing of financial accounts and other general compliance matters. We also advise on directors’ statutory duties as appropriate.
Litigation & Support Services
We are able provide first class support to both clients and solicitors in this specialist area. We provide a service which is supported by the appropriate experts, effective in producing clear and concise evidence and capable of working alongside other advisors. Specialist areas include valuation of unquoted shares and businesses, reports on ‘real earnings’, partnership disputes, apportionment of partnership assets, goodwill and loss of profits claims.
Business Rescue, Recovery & Insolvency Studies
This process involves seeking an informal arrangement with the Inland Revenue for unpaid PAYE, thereafter, a formal Company Voluntary Arrangement (CVA) and, if this is not successful, recommended a Creditors Voluntary Liquidation (CVL).
Strategic Corporate Planning
We can help you formulate a five year plan to help your business grow. Firstly the mission and objectives or “where the company wants to go?” will be determined and, thereafter, “where the company is?” can be established. A SWOT and value chain analysis is undertaken in this process. MCC will then develop a strategic choice map with suitable implementation plan.
Supply Chain Management & Six Sigma Studies
This involves tracking lead times and first pass yields of company processes from order acceptance to delivery.
Corporate Finance & Treasury Management
We have experience raising of long term and working capital requirements for businesses from shareholders and commercial banks. This involves preparing project reports, feasibility studies and the related secretarial work.