Independent Business Reviews

31.03.20 / Insight posted in Brochures

In the current economic downturn there is an increasing number of businesses experiencing financial difficulties. Lenders now face greater potential of nonpayment of some or all of their outstanding loan book. Our multidisciplinary team of corporate finance and insolvency specialists are able to provide an integrated, practical and deliverable business solution.

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Agencies: managing your cash flow in uncertain times

31.03.20 / Insight posted in Articles, Brochures

Never before has the mantra “cash is king” been so important. In these uncharted waters it is vital to manage your agency’s cash flow closely to ensure your business comes out the other side in good health. At Moore Kingston Smith our team includes directors who have worked in marketing agencies and have hands-on experience…

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Critical support for business owners

26.03.20 / Insight posted in Brochures

In these unprecedented times, business owners are looking closely at the financial position of their businesses. We are already working with many of our clients to assess and implement the options available them. Here we summarise some of the recurring themes emerging from our conversations and key immediate actions you may want to consider. If…

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Supporting homeworking employees: tax reliefs available to them

20.03.20 / Insight posted in Articles, Brochures

With the announcement that schools will close to most pupils, almost everyone who can work at home will be doing so from 23 March if they are not already. This follows the PM’s call to “stop non-essential contact with others and stop all unnecessary travel”. Setting aside the logistical, technological and data security issues of…

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How employers can avoid redundancies

19.03.20 / Insight posted in Articles, Brochures

In this current climate, employers are opting to preserve employment for their employees and avoid redundancies as far as possible. Companies experiencing a temporary reduction in work and unable to sustain the costs of full-time working for all employees can explore the options of short-time working and lay-offs. Short-time working is when an employee’s hours of work are reduced by a number…

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Governmental support during Coronavirus – update No. 1

18.03.20 / Insight posted in Articles, Brochures

The Chancellor has announced an extension to the package of measures launched in last week’s Budget to support individuals and businesses during Coronavirus. This note focuses on the package of measures targeted at individuals and businesses where they have been extended along with our experience so far of the measures in operation.

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Governmental support during Coronavirus

13.03.20 / Insight posted in Articles, Brochures

In the Budget, the Chancellor announced a package of measures to support individuals and businesses during Coronavirus. He put much emphasis on the impact being temporary and, as such, the measures he announced have a similarly temporary lifespan. This note focuses on the package of measures targeted at individuals and businesses.

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Investor interest in UK Createch sector increases – a review of 2019

12.03.20 / Insight posted in Brochures

Growing at twice the rate of the UK economy, the tech behind Britain’s creative industry sector is flashing brightly on the radars of growth capital investors. “We have seen a marked uptick in interest in createch, with deal-doers clearly attracted to these businesses’ with potential to disrupt traditional sectors. There are triple-digit growth rates for…

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Moore Kingston Smith Media Business Outlook Survey – Results

12.03.20 / Insight posted in Articles, Brochures

Every year we conduct our Media Business Outlook Survey to find out the expectations of senior management and owners of media and marketing services businesses on the future financial prospects of their industries. The outlook for 2020 based on our survey results is positive with most businesses expecting to see revenue growth. Overall the forecast…

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The return of HMRC preferential creditor status

10.03.20 / Insight posted in Brochures

Prior to the Enterprise Act 2002, HMRC was a preferential creditor in formal insolvencies. This gave HMRC priority over both floating charge creditors and unsecured creditors when Insolvency Practitioners came to distribute dividends following a company’s insolvency. The Enterprise Act 2002 was introduced, by the then Labour government, to encourage enterprise and business rescue. It…

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