Construction Accountants

Specialist Construction Accountants

James Todd & Co Chartered Accountants offer a full range of accounting services and financial advisory support for construction industry businesses. We leverage our in-depth knowledge of the construction trading space to deliver tailored guidance and advice.

Growth-Focused Construction Accountants

Construction industry clients often face diverse challenges that differ significantly from those in other sectors, including project costing, cash flow management, risk analysis, and evolving compliance standards. This makes keen financial oversight and analysis essential.

Our construction accountancy team works closely with each client, getting to know your business model, future plans, trading structure and priorities to ensure you select projects strategically and can rely on accurate projections to control your cash flows in and out of the business, along with on-time accounts and VAT submissions.

Gearing your construction business for growth means harnessing opportunities, identifying ways to improve efficiency or managing cost pressures to extract maximum profitability from your developments, and unlocking value over the long term as your business scales.

James Todd & Co is a business specialist accountancy team offering guidance and insights across all aspects of your company, whether you need to determine the best ways to enhance your financial controls and reporting mechanisms, refine your job costing approaches, or require recommendations to mitigate business risks.

Our Construction Accountant and Financial Advisory Services

Our professional construction business accounting advisers strip away the jargon and complex terminology to equip you with the tools you need to make informed decisions about the right way forward for your business. That might apply to expansions into new types of construction, branching out into new geographical areas or a reliance on large-scale tenders and house building initiatives for the bulk of your turnover.

We provide assistance at every stage and offer adaptable services beginning with a complimentary financial review. 

This process assesses how your business is performing and where we can add value, by introducing tax efficiencies, sourcing more competitive financing or refocusing your cash flow management to give you peace of mind that your workforce, taxes and accounts payable are back on track.

Tailored Construction Sector Accountancy for Ambitious Businesses

James Todd & Co collaborates with clients over the long term, enabling us to develop high-quality budgeting and forecasting processes, work-in-progress calculations and cost analyses for in-progress projects, with regular reporting to highlight areas for improvement. We work with businesses including:

  • Limited companies, contractors, subcontractors and larger construction groups
  • Property developers, real estate management companies and residential housebuilders
  • Commercial trade businesses and construction companies

Construction accountancy support services ensure your financial statements and performance measurements keep pace, including accounting for CIS deductions, extracting precise financial projections, and ongoing monitoring of longer-term and large-scale projects.

We hold multiple accreditations and certifications from accounting software providers, including Xero and Sage – this enables us to suggest the best cloud-based accounting software to ease pressure on bookkeeping, facilitate automatic reporting, and ensure your business is fully MTD-ready.

Choosing the Right Construction Industry Accounting Services

The accounting services below are always adjusted to the size of your business structure and key priorities – whether you have an in-house finance team or bookkeeper who requires professional assistance or want to outsource all aspects of your financial management and reporting.

Year End and Management Accounts Preparation

Working with a capable accounting team makes year-end accounting straightforward and stress-free. We assist with accounts of any size or complexity, ensuring accurate costings, asset valuations and calculations. Alongside annual accounts, we produce management accounts and in-depth quarterly reviews, giving you real-time oversight of how your construction business is performing.

VAT Management

VAT is often perceived as complex, particularly for construction firms. James Todd & Co can manage VAT calculations and submissions, removing potential errors and accounting for zero-rated trade services and materials, domestic reverse charges, and other relevant considerations.

Outsourced Bookkeeping

Delegating your bookkeeping to our accounting team ensures you can focus on running and growing your organisation. We offer the convenience of remote logging receipts and expenditures via cloud-based accounting software and a full range of bookkeeping, from filing returns and reconciliations to data entry and producing up-to-date reports of current and upcoming transactions.

Efficient Tax Planning

Streamlining your tax efficiency can make a big difference to bottom-line profitability. We ensure your tax affairs are up to date and compliant and incorporate all allowances, exemptions and reliefs that may be available. As regulations or your tax position change, we can advise on the best strategy to avoid paying unnecessarily high tax burdens.

CIS Compliance

We have years of experience assisting with CIS compliance, including scheme set-up, verifying the status of subcontractors, submitting monthly returns, advising on transactions and payments subject to CIS and reconciling deductions.

Project Costing

Precise costings are paramount, especially for larger projects or sole projects your construction firm undertakes. Our accountancy specialists can assist with full project risk appraisals, detailed costings, contingency budgeting and project monitoring going forward.

What we offer at a glance

Full accounting service
Business start-ups and company formation
Stress-free bookkeeping
Stress-free payroll
Cloud-based accounting

Quarterly review and management accounts

Goals to Growth consulting
Taxation support & advice
Fee protection service
Statutory audit

Trust us we’re Xero and Sage experts

Contact the Expert Construction Sector Accountants

For more information about our construction accounting services or to discuss your business’s financial position, please get in touch with James Todd & Co today.

Some words from our wonderful clients..

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"We have worked with Michelle and Kevin for many years. We were a small Partnership when we started using them for our annual accounts; as they grew as company so did we. With all their expertise and advice we turned our 500K turnover business into a 3.5 million Turnover business. They do our monthly management accounts and review and advise us on strategies to help us continually grow. The wide range of services they offer is amazing from Tax advice to Payroll and much more!"

- Danny Knight, Director, Knight Fencing Ltd. - client since 2007

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"Running your own business can be incredibly stressful, You need someone you trust who is on your side and who you can call whenever you need help or advice. I have that with James Todd & Co."

- Julia Haviland, Director, Brittain Marketing Services Ltd

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"James Todd & Co have been our accountants since 1997 and have provided excellent services throughout our time together. They have undertaken our CIS, Payroll, VAT and end of year accounts during this period and have been excellent throughout. They have a great team, all of which are a credit to the company."

- Steve Carder, Director, Facilities Fire Protection Ltd - client since 1997