Specialist Construction Accountants for Builders, Contractors & Developers
Specialist accounting services and business advice for the construction industry
If you would like to learn more about the accountant services we provide in your industry please get in touch.
Accountants for Construction Services
We are specialist construction accountants providing a full range of accounting and business advisory services for the construction industry across the UK. We know that construction is unique, from complex, multi-year projects to the constant challenges of CIS compliance, payroll, and cash flow. Having worked with residential and commercial builders and developers for decades, our expert team takes the pain out of managing your finances, ensuring you not only meet Construction Industry Scheme (CIS) regulations but also benefit from crucial tax-saving advice to maximise your job profits and achieve sustainable growth. Get in touch today for a cost-effective solution designed to keep your construction business compliant, minimise risk, and thrive.
Client Reviews
Strategic Support to Boost Profitability and Capital Value
As a construction business, your success is measured by the profit you generate on every contract. But the reality is that the industry is full of financial minefields that generic accountants simply don’t understand, which leads to lost profits, cash flow crises, and stressful HMRC penalties.
We know your key challenges are not just bookkeeping; they are:
- The CIS Compliance Maze: Late returns, incorrect deduction rates (20% vs. the punishing 30%), and failing to properly separate materials from labour can trigger automatic HMRC penalties and damage your subcontractor relationships.
- WIP and Profit Erosion: Without accurate accounting for Work In Progress (WIP) and true job costing, you can’t see which projects are making money and which are actually losing it. Overestimating profit can lead to poor business decisions.
- The Cash Flow Squeeze: Long project timelines, retention holdbacks, and delayed client payments leave you covering large expenses upfront. Poor forecasting can leave you short on working capital exactly when you need it most.
Our Clients
Construction Industry Experts
Our role as your dedicated construction accountants goes beyond simply filing your returns; we act as your strategic financial partner. With our deep expertise in the construction industry, we provide the essential management information you need to solve problems, cut costs, and make the right business decisions, whether you’re a small building firm or a multi-million-pound developer.
We can help with all aspects of the construction industry accounting, including:
- New business start-ups
- Business structuring advice
- Acquisitions and takeovers
- CIS registration, administration and compliance
- Bookkeeping
- VAT calculations and advice
- Tax planning
- Corporation tax
- CIS-compliant payroll advice and HMRC contractor reporting
- HMRC worker tax status enquiries
- CITB returns
- WIP calculations
- Budgeting and forecasting
- Cashflow projections and cashflow management
- EIS/SEIS funding
- Audits
- Restructuring
Whatever construction trade you are in, we can help with your accounting needs. Tradespeople we work with include builders, developers, contractors, plumbers, electricians, roofers, project planners, scaffolders, bricklayers, carpenters and glaziers. We also offer specialist accounting services for sub-contractors.
Accounting for All Construction Trades
With our expertise in the construction industry, we can help provide you with the management information you need to solve problems and make the right business decisions. When business is tough, we can help you reorganise and cut costs.
Our expert professional team have helped small building firms and multimillion-pound businesses in the construction sector. We understand the contractual processes and can advise you on the appropriate financial controls. We can help you with the important management information you need, such as turnover reconciliations, WIP reports, debtor reports and P&L analysis.
With accurate and up-to-date information, you can make the business decisions you need to boost profitability and increase capital value.
Dedicated Account Manager
We know how confusing it can be speaking to lots of different people when it comes to accounting advice. We offer a dedicated account manager so you have one point of contact from the start. We value our reputation for exceptional customer service, and we will always do our best to get back to you with any enquiries within 24 hours.
Client Testimonials
Brystone Ltd is a well established local BMW and Mini servicing specialist based in Southampton and when taking over the business in May 2011 we engaged the services of Numeric Accounting to provide the necessary start up advice and to create our new company being the best vehicle for the business going forward. We have found Numeric Accounting to be most helpful in all aspects of accountancy and taxation and have been given appropriate advice when required, including a regular review of the director’s remuneration package to ensure the most tax efficient profit extraction from the business
We have previously used two separate firms of accountants and for varying reasons had been largely disappointed and felt let down with the service levels that we received and the general communication. We appointed Numeric Accounting on the back of a recommendation from one of our clients, and from the beginning we felt comfortable that the team, with their level of experience, would provide us with the support we needed across our business.
In addition to this, Numeric Accounting recommended that we change from our usual Sage accounting over to Xero which we were initially sceptical about, but having researched it ourselves and embracing change we decided to move over. After some tutoring with Numeric Accounting and further studying on line, we have found this to be an excellent system which has been very easy to use both in branch and remotely, and one of the key functions that has proven itself to be particularly noteworthy is the daily reconciliation that we can complete with our various bank accounts, ensuring that our money and client money is always in the right place!
We would not hesitate in recommending the accountancy services provided by the Numeric Accounting team.
Numeric Accounting has been supporting our business for about 15 years now. During that time the business has grown significantly and benefitted from their guidance in restructuring the business to accommodate changing needs. Most recently Numeric Accounting has successfully helped us to set up Xero (our new accounting system), which has removed a considerable (previously tedious) workload. Thank you to all, past and present, for your professionalism and unending support.
JB Associates has always received an extremely and efficient professional service from all of the members of the team at Numeric Accounting. They have always been very quick to respond to queries raised and have provided accurate, innovative and helpful advice for the running of our business.
Contact Us
If you have any questions or are interested in getting started with Numeric Accounting, please don’t hesitate to contact our friendly team today.
Whether you are looking for a single service or a package of solutions, our team would be delighted to help. You can call us directly on 01722 334888 (Salisbury) or 023 8084 4242 (Southampton), where a member of staff will be happy to talk through your needs with you.
Alternatively, you can email us at salisbury@numericaccounting.co.uk (Salisbury) or soton@numericaccounting.co.uk (Southampton) – we will get back to your query as soon as possible.