Scroll down for more information

Industrial

 The UK is highly regarded for the quality for its manufacturing and engineering and efficiency of its transport, distribution and shipping. However intense competition means your business still needs optimum financial planning and efficiency.  

Contact James Hunt

  • James Hunt
    Meet the team

    The team

  • Engineering & Manufacturing. Transport & Distribution. Shipping. Chemicals. Automotive. Aerospace 

    Who we can help

  • Audit & Assurance. Business Advisory. Capital Allowances. Corporate Finance. Corporate Tax. HR Services. International Tax. M&A.  Payroll. R&D. HR Services. Virtual Finance Function. 

    How we can help

HELPING YOU MAKE KEY DECISIONS WITH CONFIDENCE

Globally and at home, businesses in this sector face a range of changing pressures, from material and fuel costs to political, environmental and workforce issues. Our mission is to provide the services and advice that help you operate on an efficient and secure basis, so you can evolve with your market and grow. 

With insights gained from our experience and our close monitoring of industry developments, we can help you expand your existing business or set up a new one, supporting it throughout its lifecycle. Our advice will always be clear and realistic, helping you make key decisions with confidence. 

MAKING MORE OF YOUR MANUFACTURING OR ENGINEERING BUSINESS

From an accounting perspective, manufacturing and engineering businesses can be especially complex, particularly in areas such as inventory control and how to account for direct costs and overheads. Accurate and timely KPI data is critical to making the right business decisions. 

We will support you with the appropriate accounting systems and processes including helping you implement digital solutions to your business needs, provide perceptive and dependable auditing, guide you through complex taxation matters including R&D tax credits, Patent Box, VAT and capital allowances and support your growth through assistance with  forecasting, funding, M&A, international expansion and more. We will help you mitigate risk, so aspects such as pricing, supply and exchange rate fluctuations have minimal impact. We’ll be proactive in making suggestions whenever we can see ways to enhance your financial security and profitability. 

TRANSPORT & DISTRIBUTION: HELPING YOU STAY AHEAD

From owner-managed and family hauliers to large national concerns, businesses in the transport, distribution and logistics sector are constantly having to find ways to increase efficiency and cost-effectiveness. In the face of constantly rising fuel costs, import/export restrictions and congestion downtime that cuts into your earnings, you need expert, practical support. 

We’ll examine your business to find ways of improving margins, cash flow and tax efficiency. Looking further forwards, we’ll also advise you on aspects such as reviewing your business structure, raising finance, M&A and tax strategies to protect your wealth and assets and plan for your retirement. All this is in addition to our core services: accounts, audit, tax and VAT compliance, payroll and more. 

 

SUPPORTING YOUR SHIPPING BUSINESS WORLDWIDE

The shipping industry has unique features and requirements that require specialist accounting knowledge. We can navigate you through the complexities of shipping tax across multiple international jurisdictions, areas such as UK tonnage tax or capital allowances and the intricacies of shipping transactions, whether for individual vessels or entire shipping companies.  

We provide comprehensive audit and accountancy services to support your shipping or maritime business at every stage of your lifecycle, whilst also proactively advising on how your costs and profits are impacted by developments such as environmental legislation. As well as our own expertise, we can bring you valuable international connections and insights thanks to international Reach Network. AAB are members of Accelerate, a Business Associate of Crowe Global, and are also the Scottish member firm of The International Accounting Group (TIAG). As part of these powerful networks we have strong and proven contacts with trusted partners and can offer clients access to further global specialists who have international expertise in hundreds of countries. 

 

  • AAB encouraged us to submit an R&D tax relief claim. The team clearly understand the process to allow that to happen and were tremendous assistance in facilitating our submissions.

    Adrian Smith, Scotia Instrumentation Limited

  • As a smaller sized business, it is a comfort to know that our payroll is being taken care of by the experts and we can concentrate on supporting other areas of our business.

    Barry R Moir, Superior-Wild Well Energy Services Limited

  • The secondment support provided by AAB helped us streamline our accounting processes and enabled us to produce automated management reports from our accounting software. We have seen real benefits in the quality and timeliness of our information.

    Charlie Parker, John Lawrie Group

  • AAB have provided an invaluable service to my company over the years with fantastic taxation advice, financial planning and training for our staff.

    Roy Cowie, Roy Cowie LBS Limited

#Updates See all updates

Sign up to updates

  1. Blog2nd Nov 2022

    Inflation at a 40-year high and the cost of living continuing to pinch: “We want to help our employees, but how”

    With inflation remaining on the rise and now at a 40-year high of 10.1% and the threat of more hikes in interest rates, employees are really feeling the pinch. The jump in the last 12 months is so much higher…

    By Karen Thomson

    View more
  2. Blog8th Sep 2022

    Customs Declaration Service (CDS) – are you ready? 

    For the majority of the last 30 years, HM Revenue and Customs’ (HMRC) Customs Handling of Import and Export Freight (CHIEF) system has been at the forefront of customs declarations in the UK. However, in a two-stage approach, CHIEF will…

    By Seanna Whitmore

    View more
  3. Download19th Aug 2022

    Making Tax Digital for Income Tax Self-Assessment

    From 6 April 2024, Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) will apply to self-employed individuals and landlords with total business and/or property income above £10,000 per year. Under MTD for ITSA, taxpayers caught by the regime will…

    Download

    View more
  4. Blog4th Aug 2022

    Cycle to Work Day 4 August 2022

    This week sees National Cycle to Work day, with many getting on their bikes to celebrate today. It is hard to believe that the UK government introduced the Cycle to Work scheme in 1999 with the intention of promoting healthier…

    By Karen Thomson

    View more

See all updates

Our accreditations