Accountants Newton Abbot

Manufacturing & Engineering Accountants

Manufacturing and Engineering Accountants

Manufacturing & Engineering Accounting Services

At Maven, we offer comprehensive accounting services tailored specifically for the manufacturing and engineering sector. Recognising the distinct financial intricacies of this industry, our accountants are dedicated to providing strategic financial support. Whether you’re managing complex supply chains, dealing with production cost challenges, or exploring innovative technologies, our specialised services cover all aspects of accounting, tax planning, and financial management. We aim to streamline your financial processes, ensuring compliance with industry-specific regulations and maximising efficiency.

How We Can Help

Our tailored accounting services for the manufacturing and engineering sector are designed to optimise your financial operations and provide strategic support for sustained growth.

Budgeting & Cash Flow

Effective budgeting and cash flow management are critical components for success in the manufacturing and engineering sector. At Maven, our dedicated team understands the unique challenges these businesses face and specialises in crafting tailored financial strategies. We work closely with our clients to develop comprehensive budgets that account for capital expenditures, production costs, and other industry-specific variables. Our expertise extends to optimising cash flow, ensuring businesses have the liquidity needed to navigate day-to-day operations, invest in growth opportunities, and weather economic fluctuations.

R&D Tax Credits

In the dynamic landscape of manufacturing and engineering, innovation is paramount. Maven's accounting services encompass specialised support for research and development (R&D) tax credits. We assist businesses in identifying eligible R&D activities, guiding them through the complexities of the tax credit process, and maximising their claim potential. Our dedicated team ensures that you benefit from the financial incentives available for your innovative endeavours, enhancing your company's overall financial efficiency.

Capital Allowance

We recognise the significance of maximising available capital allowances to enhance tax efficiency for our clients. Our team of experts is well-versed in navigating the complexities of capital allowances specific to manufacturing, ensuring that eligible assets and expenditures are accurately identified and utilised for tax relief purposes. By leveraging our in-depth understanding of the sector, we assist businesses in optimising their capital allowance claims, providing a strategic approach that aligns with their operational objectives. This proactive stance not only contributes to reducing tax liabilities but also supports our clients in allocating resources effectively for ongoing innovation and development within the sector.

Energy Claims

If your business has engaged the services of an energy broker for gas or electricity, you might be eligible to reclaim overpayments resulting from undisclosed and hidden commissions within your energy contracts. Maven's expert team specialises in assisting businesses in reclaiming funds from potentially mis-sold energy contracts. Brokers have historically taken undisclosed commissions, and our dedicated professionals have successfully secured settlements, with our clients averaging £62,000 in reclaims.


What Our Client's Say

We had lost direction and focus on our financial future as a business, until we discovered Maven. Thanks to their fantastic team we have made some massive savings, aligned our business objectives and really got back on track. Maven's business knowledge and advice is not to be underestimated. Thank you Maven!

Rob Webb Director

As a business owner, I am appreciative of what Maven have introduced me to. I don't pay a penny for their regular reviews and have regular calls with one of the team whenever they've found something that will save or generate money for my business. I like their ethos behind all their practice that you'll only ever make money by becoming a client of theirs. Both me and my accountant have been more than happy to engage with them on some of their financial solutions and strategies.

Stuart Mcdowell Business Owner

When Maven Solutions first approached me, I said "No thanks, I have a fantastic accountant". Luckily for me, they persisted and now I benefit from having both my accountant and the amazing team at Maven Solutions. There is a wealth of knowledge in the team, and I've learnt so much. Thank you for everything you've done, and continue to do.

Claire Revell CEO