UK Retail Market

Specialist Accountancy Support for the UK Retail Market

James Todd & Co’s expert team of highly experienced accountants, tax advisers, and business consultants works with clients across the retail sector. Many clients navigate complex and fluctuating pressures, from supply chain management to changing trends and tax obligations. Our role as your accountant is to add clarity, certainty, and control to your processes while offering the benefit of independent guidance at all times.

Working With an Experienced Retail Accountancy and Advisory Team

Retail clients often note that the seasonal nature of their businesses means precise reporting, budgeting, and cash flow management are key, with the need to manage multiple moving parts, from diverse revenue streams from online and in-person sales to fast turnovers of time-sensitive inventory and goods that make real-time reporting essential.

We support clients over the long term, providing practical assistance with tax optimisation, regulatory compliance, and statutory reporting while getting to understand the organisation’s underpinning objectives and how business plans and strategies can adjust to meet trends without sacrificing profitability and longevity.

Tailored advice goes beyond managing accounts and accurate financial reporting and can assist with expansion plans, comparing investments in equipment or inventory, transitioning into new market segments, or handling high-value contractual agreements important to your supply chains.

The complexity of the financial landscape in retail is also a consideration, with potentially millions of transactions, promotions, seasonal offers, returns, and commercial financing options, where an accounting team who knows your business inside out can provide recommendations and suggestions as your company grows.

Retail Sector Businesses We Work With

We recognise the diversity of the retail industry and how the types of products you provide and the consumers or jurisdictions you serve will affect the level of accounting support you require and the challenges you may experience. James Todd & Co works with:

• International retailers establishing a brand presence in the UK
• Ambitious and fast-growing retailers
• Specialty retail organisations
• UK-based subsidiaries of overseas companies

Overseas retailers may, for example, require assistance structuring their UK subsidiary and adhering to domestic reporting obligations or analysing tax liabilities and reporting requirements. They also frequently require compliant audit services, including internal and performance audits.

The first step is to contact our retail sector advisers to discuss your priorities and current market position. This discussion enables us to suggest the right areas where we can help, from capital allowances to support planning mergers and acquisitions, evaluating varied funding options or handling cross-border taxation.