As the backbone of the UK’s economy, manufacturing – and, within that, engineering – is a key industry
Combined with its various offshoots, this industry alone employs almost 3 million people and is a substantial aspect of UK exports, business research, and development.
Uncertainty surrounding the economy and, therefore, the manufacturing industry, involves supply chain disruption, technological changes, and an increase in competition. This has increased the need for efficiency, a strategy for reducing costs, and the knowledge of how to gain a competitive advantage in the industry as a whole – and these areas are where PKF Smith Cooper are uniquely positioned to help.
How we can help
In such a volatile climate, where there have been significant shifts towards digitisation, automation, and alternative materials that require investment and change, PKF Smith Cooper’s multidisciplinary team utilise unique capabilities to help clients secure long-term success. Our diverse and dedicated team provide financial advice that encourages a competitive focus, optimises client performance, maximises tax reliefs to mitigate commercial risk, and helps clients achieve growth.
Some of the services we can help with
- Tax, audit, and VAT compliance
- Business advisory services
- Financial solutions
- Acquisitions and Disposals
At PKF Smith Cooper, we are proud to work with key industry bodies to help them manage the challenges they face and maintain the UK’s standing in the manufacturing world.
Speak to our team today to find out how we are able to help your business prepare for the future and stay ahead of the competition.