Improved profitability and cashflow for digital agency 

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Increase of 43% Profitability and 34% cashflow

Challenge 

Brew were looking for help with gaining a better understanding of their business performance to guide decision making on a regular basis. Problems included: 

  • What was current profitability like? 
  • How did that feed into planning for future growth? 
  • Needing a better understanding of the cashflow of the business. 

None of which Brew had the answers for. So, they called Spark Accountants. 

Solution 

Spark were engaged to take on Brew’s full accounting function, providing: 

  • Bookkeeping 
  • Monthly reporting 
  • Financial forecasting 

Working closely with the directors, we were able to identify weaknesses within the accounting system and recommend solutions that have improved profitability and cashflow significantly. 

Meaningful and timely information is produced monthly and reports on profitability and KPIs that drive the business. Spark have also identified key R&D-qualifying projects, resulting in even larger tax savings.

Think you might have a similar problem? Let us be the spark for financial clarity. 

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Get in touch today