Due
Diligence

During the process of selling a business, Due Diligence can be one of the most stressful points. If you are looking to acquire a company or business, it is crucial that you make sure that all facts about the business have been officially and properly verified. Hire our consultants to do due diligence for you.

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Advice for
Due Diligence

Along with the business financial diligence, there are important considerations that should be made regarding commercial properties that are owned by the company you are interested in. The health and safety policy, environmental record and intellectual property of a company should be considered. The Accountancy Solutions can help you with all aspects of due diligence involved in the purchase of a company or business; so contact us today for more information.

Understanding Due Diligence

Due Diligence was originally and primarily used in banking and is best explained as being the process of thoroughly enquiring before any time and money are invested in a prospective acquisition. It is crucial, therefore, when investing significantly in a company, that all necessary checks have been made to ensure that the information provided by the individual selling a company is accurate. If you are interested in purchasing a particular business, there is legal, financial and accounting due diligence you should carry out. While accounting and financial diligence involve the consideration of tax issues, cash flow statements, balance sheets and similar things; legal due diligence involves:

  • Identifying the seller and their ownership.
  • That the seller provides details of any threatened or existing court proceedings.
  • Determining if the company has any pension schemes and if the current employer is contributing to it. If there isn’t one already in place, it could be a good idea to establish one.

OUR PROMISE

We care for our clients. Building and maintaining fantastic relationships is what we do best, we will never treat you as a number which is what makes our approach so unique. The highest level of customer service combined with a keenness to listen and work together with our clients means that we leave a stream of happy clients in our wake every single day. Our services come with unlimited help and support provided at no extra cost throughout the year.That help and advice will all come courtesy of your own fully qualified and dedicated small business accountant.

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Are you just looking for an answer to a general question? We always provide free advice to individuals and self employed persons. You can send us an email, call us or fill in the form. But you should be asking answers to general questions.

Commercial Loans

Regardless of whether you are looking for a long-term or a short-term business loan, we can offer you advice and assistance

Business Disposals

We will assist and guide you in terms of long-term strategies for your company and discuss your future goals and ambitions.

Merger Acquisitions

Mergers and acquisitions, happen because of companies seeking efficiencies, enhanced market visibility and economies of scale.

Due Diligence

We can help you with all aspects of due diligence involved in the purchase of a company or business; so contact us today for more information.

Frequently Asked Questions

Most frequent questions and answers

No we do not charge any fee for initial consultation. We will try to give you free guidance if its something you can do easily by yourself. We will only charge you if you appoint us to do some work for you. 

We are giving free advice on general questions and this is one way of paying back to our local community who cannot get through to tax man. But if your question is of specific nature, we will tell you about our fee.

You can certainly ask question about accounting but you should know that we cannot teach you accounting over the phone or online. If you are not familiar with book keeping or accounting, its best to hire an accountant?

If you are only after advice, we will make a decision after hearing question. It may take further investigation and we may have to look into your personal circumstances to answer your question.

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