PSJ and Co. Accountants Ltd.
1 Parsons Street, Dudley, West Midlands. DY1 1JJ.
T: 01384 353678 F:01384 358391 E: team@psjaccountants.com

Case Studies

In March 1997 two brothers who wanted to start in business came to see us with an idea to buy a business for a nominal sum, the Company being part of a group, albeit the Company in question was failing.

In May 1997 the deal was done, the Company at first carried on losing money, but with regular meetings with our clients ideas were shared, all with a view to turn the Company around.

It was decided to relocate to the Stourbridge area from Derbyshire, introduce a new range of products and have Management Accounts to help the owners (Directors) make the relevant decisions, at the right time, to keep the Company moving forward. This began to happen in 1998 and 1999 so by January 2000 the Profit and Loss Account was in surplus. The same Company now has a market value in excess of £2m and this has been achieved by hard work, dedication and following sound and proven business practice. We have also helped them by means of regular monthly financial information so they can concentrate fully on becoming successful.

In 2014, the Directors will celebrate 17 years in business.