We have 25 years of commercial hands on experience within the practice. We are experienced in dealing with all problems that small to medium size business face.  We have not yet experienced a commercial problem that we cannot solve.

We offer advice in the areas of :-

• Budgeting and forecasts
• Business acquisitions
• Business plans
• Commercial finance raising
• Company formations
• Company purchases
• Company sales
• Company start ups
• Factoring and Invoice discounting
• Grants
• Remuneration planning
• Retirement plans

Factoring and invoice discounting companies lend money against a client’s unpaid invoices. With factoring, the factor also takes over a client’s sales ledger, while with invoice discounting, responsibility for invoicing and chasing debtors remains with the client.

Asset-based finance companies lend money against a client’s total assets. The amount loaned is typically up to 85% of a client’s book debts, with asset-based financiers also lending against other assets such as stock, plant, machinery, and land. Clients are charged an administration fee based on turnover and the amount of work involved, plus interest on the loan, typically around 1.75% to 3% above basic rate.

MCA have contacts with all the leading companies and institutions offering these services to ensure that we secure the best deal available for our clients.

We are experienced management consultants in educational, manufacturing, retail and service sectors. We offer practical and cost-effective ideas on all management issues.

We are experienced grant advisers and have access to all local, national and EEC grants sources.

We have relationships with all the major UK banks and have raised all levels of finance from personal loans, business overdraft facilities through to multi-million pound term loans.

The Construction Industry Scheme sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry and certain other businesses.

Under the scheme, all payments made from contractors to subcontractors must take account of the subcontractor’s tax status as determined by HM Revenue & Customs. This may require the contractor to make a deduction, which they then pay to HM Revenue & Customs, from that part of the payment that does not represent the cost of materials incurred by the subcontractor.

The legislation started on the 6 April 2007 and the new scheme aims:

1. To reduce the regulatory burden of the scheme on construction businesses.
2. To improve the level of compliance by construction businesses with their tax obligations.
3. To help construction businesses to get the employment status of their workers right.

We have dedicated members of staff who specialise in C.I.S issues. If you are an existing contractor or require advice on subcontractors contact janeta@mca.ac who will be happy to assist you.