This service is designed for online store owners and business owners who are planning to raise funds, attract investment, sell their business, or engage in M&A transactions. At critical junctures – applying for bank loans, bringing in equity investors, selling part/all of the business, or acquiring another company – an accurate, transparent, and professionally endorsed financial analysis is essential. Acting as independent external accountants, we conduct a comprehensive “health check” of your financial position, identify potential risks, quantify financial health, and provide robust data support for transaction negotiations.
Comprehensive Accounting Health Check – We review your accounting systems and financial records using a methodology similar to audit procedures, but delivered as a non‑audit service. The review covers: completeness and accuracy of ledger records (with special focus on bank reconciliation integrity and transaction classification); appropriateness and consistency of accounting policies; design and operating effectiveness of internal controls; comparison of key financial ratios against industry benchmarks; identification and assessment of unusual and related‑party transactions; and review of historical tax compliance records. We issue an “Accounting Health Check Report” using a “Red‑Amber‑Green” traffic‑light risk rating, with specific recommendations and prioritised action points.
Historical Financial Data Restatement – If our review uncovers material errors, omissions, or non‑standard accounting treatments in prior periods, we perform a retrospective restatement to bring the historical financial data into full compliance with UK GAAP. This ensures that in fundraising or transaction processes, the financial data does not undermine valuation or investor confidence. For multi‑segment businesses, we can also provide segmental financial data breakdowns to help investors accurately assess the value contribution of each business line.
Financial Forecast Review and Reasonableness Assessment – When raising funds or pitching to investors, you typically present 3‑5 year financial projections. We review your financial forecast models from an independent standpoint, assessing the reasonableness of assumptions and internal consistency. Our review covers: whether revenue growth assumptions align with market data and historical trends; whether cost structure assumptions are realistic; whether cash flow forecasts incorporate major capital expenditure and working capital requirements; and whether sensitivity analysis covers key risk variables. We provide a written forecast review opinion that can accompany your fundraising materials, strengthening investor confidence in your projections.
Financial Support for Transaction Negotiations – During the negotiation phase of funding or M&A, we provide full financial support: assisting with the review and drafting of financial terms in Term Sheets; evaluating the financial and tax implications of different deal structures (equity vs. debt, asset vs. share purchase); challenging and analysing the financial data provided by the counterparty; and assisting in preparing responses to investor or acquirer due diligence questionnaires. Our goal is to help you navigate the information asymmetry in transactions and secure the best possible commercial terms.