Accounting for Local Authority Trading Companies
Local Government Trading Companies (LATCOs) have a distinct commercial dynamic. We can provide the necessary breadth and depth of expertise to deliver a relevant and comprehensive service, from implementing a professional and efficient audit to providing expert tax advice that may benefit your bottom line.
Strategies for your local authority business
We collaborate closely with our clients to give strategic and practical guidance in response to constantly changing consumer expectations. For many years, we have assisted enterprises in this industry in reaching their full potential, and this expertise puts us in an ideal position to assist you in doing the same.
Our expert team of partners and staff have a comprehensive understanding of local authority trading companies and are prepared to guide you through your accounting procedures. Simply get in touch and one of our specialists will get back to you.
Work with people who understand:
Tax regulations
Specialist tax advice on transfer pricing, thin capitalisation and mutual trading.
Business models
Assistance with creating robust business plans, including cashflow modelling.
Finance management
A professional and efficient service including payroll, taxation, VAT, management accounting, end-of-year reporting and auditing.
Due diligence
Investigations examining the financial, commercial and legal aspects of your local authority company.
Thin capitalisation
Review commercial rates of interest, loan to asset value and interest to profit ratios.
Forward planning to meet future aims
With your accounting under control, you’ll have the time and capacity to plan ahead.
Meet your Local Authority Trading Company Team
The Ensors team has extensive experience collaborating with LATCOs. We have assisted new businesses by providing due diligence, corporate governance, and advice on the best structure. We continue to collaborate closely with the companies, fostering an open and integrated working relationship with finance teams and boards of directors to help drive them forward.
What Ensors brings to your business
Ensors has worked with a significant number of LATCOs and Local Authorities across England. Our experience and ability to offer expertise in the discussions around the potential creation of a LATCO can provide significant benefits to new and existing organisations.
