C K One Stop Plumbing Solutions (‘the Company’), based in Exeter, is a prominent heating and general plumbing provider.  The Company are resourced and skilled to offer a wide range of services, including expertise in project management and specialisation in the supply and fit of bathrooms. 

As a client of Quay Accounts, who were recently acquired by Everett King, the Company seized the opportunity to explore the experience and expertise of Everett King in supporting their long-term business plans.

Initial Meeting and Consultation: Mr. Knill, the owner of C K One Stop Plumbing Solutions, sought a consultation with Brian Phillips, Managing Partner / Business Advisor at Everett King.  The consultation involved a thorough discussion of the Company’s 5-year plan, focusing on business growth, tax efficiency, business support and considerations around maximising pension potential.

Strategic Business Restructuring: Under Brian’s guidance, the Company successfully transitioned from sole trader status to limited company. Brian meticulously analysed the business including past turnover and profit, historic trading success as well as future plans and prospects.  A limited company structure was proposed for maximum tax efficiencies and to support the future growth plans of the business. Everett King agreed with the Company the most suitable structure to form and established and registered the new limited company with Companies House as well as providing a registered office address enabling it to have early sight of important HMRC/Companies Office documents.

The Outcome: Everett King’s team exhibit a proactive and efficient attitude, always ready to address queries and provide support. The transition from sole trader to a limited company was made smoother with the Everett King’s assistance in resolving government gateway issues and handling administrative logistics.  Everett King are also providing proactive accountancy solutions to the Company which includes consultancy, forecasting and planning, management and annual accounts, payroll bureau services, bookkeeping and VAT, enabling the Company to focus on growing its business.

Measurable Benefits for the Company:

• A holistic one stop shop for all accounting and bookkeeping requirements.
• Tax efficiency and rebates.
• Smooth transition from sole trader to limited company.
• Open communication and access to a knowledgeable team.
• Proactive discussions on tax savings, dividends and NI contributions.

“I have been extremely impressed with Everett King’s attitude; nothing is too much trouble. The team’s friendliness, efficiency and proactive approach have made our business transition seamless. In dealing with Brian I was pleasantly surprised by the fact that Brian doesn’t keep normal office hours and would reply to my questions/enquiries outside of what I expected which meant I had answers very quickly which I very much appreciated. Brian’s consultancy piece was enlightening, and the ongoing support, especially during the move to a limited company, has been invaluable. I appreciate the open communication, and the measurable benefits, from tax efficiency to early dividends, speak volumes about the expertise at Everett King. I wholeheartedly recommend their services to any business seeking not just an accountant, but a strategic partner in their growth journey.

Three words would I use to describe Everett King? Friendly, Efficient, Proactive.”

Carl Knill, Director, C K One Stop Plumbing Solutions