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Panacea Property & Protection

The Scenario

Panacea Property & Protection is a Staffordshire-based business providing expertise in all areas of finance and insurance.

The owner, Sean had been in business for many years with others but was now in the early stages of running a business under his sole control.

He wanted more hands on information to help him run his business and plan for his future.

Sean was also in the early stages of starting a few other new ventures. He would need advice on how to best structure these and run them to maximise their success.

 

How We Helped

The main business was already on Xero but we overlaid a more informative management report to keep a better track on the business’ performance and also to plan for future tax liabilities and future events.

The business performance and future plans for the other new businesses were reviewed quarterly and an overall plan with key dates and milestones was put into to place to achieve specific future targets.

For the other new businesses, we worked with Sean to review and improve their profit forecasts and then created a more tax efficient group structure for them to operate in, before moving these onto Xero to allow the same management reporting and future forecasting as the main business.

 

What They Said

I first met James Middleton through a client of mine and I immediately found him very easy to deal with. He was informative, punctual, very easy to get hold of and deal with – nothing was ever too much for him. I was so impressed that I moved all of my businesses over to him.

During my time in business I have had many accountants and have dealt with many more but none that I have experienced have come close to offering the kind of useful, professional and friendly support than I have had from James at Elevate.

He actively takes an interest in all of my companies and future plans and offers invaluable honest advice which has steered me into some new very exciting and lucrative directions. He is clearly passionate about the added value he offers, and this comes through in his proactive approach to his work.

I now class James not only as a friend, but a vital member of my business support team and know that I am in good hands with his expert guidance.

Sean Thorneycroft, Company Director