Target Construction Ltd
Stephen project manages multiple sites, with the businesses originating as a single trader company. Stephen was later advised by his accountant to be become a limited company and so Target Construction was launched.
The Paperwork Teams initial input was to contact all Stephen’s existing suppliers and change both the name and the address details to the new company details. A new bank account was set up and for a few months accounts were created for both the single trader and the limited company. It was decided that, at Stephen’s request the accounts would all be created using Excel. The Paperwork Team (TPT) handled VAT and CIS returns, invoicing and bank payments.
Weekly meetings were set up and a to-do-list created for the following weeks tasks. In addition, if there were payments that needed to be made out of hours, Stephen would contact Kate and she would ensure that these were actioned.
For future projects Stephen is looking to use Xero as his accounting package, especially knowing how it can easily allocate suppliers invoices on a project by project basis.