Helping businesses earn more, pay less tax, allowing you to live the life you want
Chartered Accountants on the outskirts of York
Chartered Accountants in York
As business owners ourselves we know the frustration, stress, and sleepless nights caused by running a business, managing a team, and keeping track of what taxes are due.
At Inglis, we save you time, stress and money by helping you stay in control of your business and maximising your tax reliefs. We are more than just an accounting firm, we support you and your business in the long term, and help you achieve your business and life goals.
Net Zero Accounting
Inglis have proudly reached the first level of certification to becoming a Net Zero business, working with climate action platform, Net Zero Now.
A Force For Good
Whilst profit, tax and cash is important to us, we support several good causes including Wetwheels Yorkshire, York Mind, and Kitchen For Everyone York.
Popular services
At Inglis, we offer a range of accounting services to help your business grow and thrive
Virtual Finance Director
Leave us to manage the finance function of your business so you can concentrate on the day-to-day running of your business. As your Virtual Finance Director, we will be a sounding board you can bounce ideas off, as well as acting as your business coach and working alongside you to ensure you meet your business goals.
Management Accounts
Do you know how much money is coming in and going out of your business on a day by day, week by week basis? In order that you can make informed decisions to manage your business better, we offer a management accounts service that will help you keep on track of your company's numbers.
Bookkeeping
As you grow your business the number of transactions you complete can quickly add up and bookkeeping can become a daunting and endless task. We offer an out of house bookkeeping service so all you need to do is pass us your sales invoices and receipts and we will do the rest.
FREE DOWNLOAD
32 Ways To Save Tax and Extract Maximum Value From Your Business
Ever wonder what you can take out of your business or how you can save more tax? This guide explores 32 ways of ensuring that you’re maximising every opportunity you could be to improve your life, your families and your employees.
Latest Blog Articles
Did you know that diving into the data could help your operations run a lot more smoothly? In this series, we continue to look at how data-driven decisions sit at the heart of running a successful business. With so much of your operational processes now being run and managed in software, there’s a massive opportunity to sift through this data to find the useful data insights and patterns. Every business strives for better efficiency, productivity and cost-effectiveness, and this is where data analysis and making informed, data-based decisions can be a gamechanger. Let’s take a look at how data can transform your operations: Optimised inventory management By getting to grips with your historical sales data and demand patterns, you can quickly optimise your inventory levels. This reduces the risk of running low on popular product lines, and stops you wasting precious cash on inventory that then sits gathering dust in the warehouse. Improved supply chain management Reviewing your supply chain data allows you to spot the potential shortfalls before they happen. By being better informed, you can identify potential disruptions in your supply chain, take proactive steps to find other available suppliers and even shop around for more cost-efficient options. Enhanced production planning Looking through your production data can be enlightening. Armed with the right data insights, you can optimise your production schedules, reduce waste and improve efficiency across the whole process, so you’re running an altogether more effective production and manufacturing process. Predicting the need for maintenance Analysing historic data for your hardware systems gives you a great overview of when repairs may be needed. Backed up with the right data foundations, you can predict equipment failures and schedule maintenance more proactively, reducing the negative impacts of downtime and repair costs. Resource allocation Reviewing your utilisation data helps you spot where your people could be used more effectively. Data reviews can help identify areas where your human resources are under-utilised or over-utilised, making it easier to allocate the right people on specific projects and to build teams that can truly help you grow. Talk to us about using data to improve your operations and inventory The more information you have about your business operations, the easier it becomes to spot the issues, spiralling costs or productivity black holes that are eating into your efficiency. Our team would love to talk you through the positive impacts of data-driven decision-making, and how being better informed helps you take your business to the next level. Call our York office on 01904 787 973 or book a discovery call with Donald Inglis .
Putting data at the heart of your growth strategy is a no-brainer. We’ve broken down five ways that data-based decision-making helps you grab the best opportunities and grow at pace. In this series, we continue to look at how data-driven decisions sit at the heart of running a successful business. With the best possible data insights, you can set the core foundations needed for growth Without growth, your business is failing to live up to its potential. But planting the seeds of growth can be tricky when you don’t have enough detailed information at your fingertips. The good news is that you likely already have all the data you need, sitting idle in your software systems. The trick is to consolidate this data, analyse it and to pull out the important patterns, trends and useful data insights. Armed with this data, you have the best possible bedrock on which to base your next strategic move or the fundamentals of your growth plan. Let’s take a look at how data can transform your growth: Identify the growth opportunities Start by looking at the trends in your own sales data and by reviewing the latest market trends. Where are the opportunities to diversify into new areas or improve your targeting of specific audiences? With a clearer overview of these opportunities, you can start to build a more solid growth strategy. Allocate resources more effectively Delving deeper into your operational data helps you understand how to invest in areas that will drive the most growth and profitability. Where could more staffing make a difference? Where do you need updated equipment? Which processes could be automated to free up resources for growth-based activity? Set more realistic goals Setting clear goals as a business is what drives the forward movement of the company. But with access to the most in-depth data insights, it’s easier to set realistic and achievable goals for your business. You want to challenge yourself and the team, but also put goals and measures in place that are actually attainable. Measure performance and adjust your strategy With a growth plan in place, you can track your progress against your agreed goals and milestones. Recording performance data and key performance indicators (KPIs) allows you to track your journey, understand the company’s performance and amend your strategy for the best results. Support data-based decision-making Instead of making big business decisions on a wing and prayer, you have the foundational insights from your business data to inform you. Instead of relying on bias, assumptions and guesswork, your growth strategy can focus on data-backed opportunities and rational, attainable growth goals. Talk to us about using data to improve your operations and inventory Leading from the front isn’t just about having good business ideas. It’s about having the data, the evidence and the historic information to back up your ideas. By switching to data-based decision-making, you put solid data insights at the heart of your growth strategy as a company. Our team would be more than happy to explain the benefits of data-based insights. If you would like us to explain how to create the most insightful metrics and reporting for driving your growth journey, then book a discovery call with Donald Inglis .
Once you’ve built up a successful business, you’ll want to see a healthy return on this investment. But in today’s turbulent business environment, a once stable and profitable company can quickly decline and fail to grow , losing the hard-won value you’ve built up. If you’re a mature owner looking to retire in the near future, or an ambitious entrepreneur who’s planning to exit and start your next business idea, this loss of value is seriously bad news! The key is to spot the potential threats to your business value , and to ensure you’re doing everything you can to keep your business viable, relevant and profitable. Five potential threats that are damaging your business value The value and equity that’s locked up in your successful business is your nest egg. It’s the asset that will power your future retirement, buy your family that new home, or the unrealised capital that will allow you to invest, begin new enterprises or fund your lifestyle. So if the value in your business drops, this can fundamentally undermine your future plans and leave you without the capital to take these next steps. Here are five key threats that may be decreasing the value of your business: A reliance on the founder that limits growth potential A modern business should be systemised and scalable . If you, as the founder, are still integral to your everyday operations, this blocks innovation and limits the potential growth of the business. Outdated equipment or technology If you’re using outdated equipment, technology or software , this can reduce your overall operational efficiency, increase your running costs and make your business less competitive in the marketplace. Failure to keep pace with the market Markets change quickly! The emergence of disruptive competitors, innovative new products or changes in customer behaviour can leave you lagging behind your competitors (and losing sales and revenue as a result). Negative reputation or brand awareness Poor customer satisfaction scores, or bad behaviour by your employees or top team, can quickly dent your reputation as a company . Negative reputation can damage your brand, deter customers from engaging with you and, subsequently, reduce the company’s value. Poor financial health as a business Potential buyers want to see that your business is financially viable . A high debt-to-equity ratio can make a business more vulnerable to economic downturns, and poor cashflow will hinder your ability to invest in growth, pay bills and meet your financial obligations (all red flags for investors and potential buyers). Talk to us about stabilising the value of your company The business value of your company isn’t static. For the business to maintain value, it needs to keep up with a changing market, adopt new technologies and make solid plans for growth. We can help you review your potential value and come up with a business strategy and tactical approach that keeps your company relevant and valuable well into the future. Over the years, we’ve grown into one of the leading accountants in York, expanding our range of accounting services whilst staying true to our core values and our force for good ethos. If you would like to earn more, keep more of your hard-earned profits and enjoy the life you want then book a discovery call with Donald Inglis .