The haulage sector, which often mirrors the state of the UK economy as a whole, tends to experience volatile profit margins if only because of its obvious susceptibility to fluctuations in the price of fuel.

This, together with the increase in competition that has seen many small hauliers forced out of business by national chains, makes it essential that hauliers manage their business with the benefit of robust accounting information.

We can help hauliers in this regard by:

  • Assisting in the preparation of annual budgets
  • Preparing timely and accurate management accounts
  • Measuring their actual performance against budget

The industry also demands significant investment in plant, and we have plenty of experience in ensuring that this is done in the most tax-efficient way.

Given our extensive experience in this sector and our ability to provide the core services of accountancy, audit, bookkeeping, payroll and taxation, we at RRL are well placed to provide hauliers with the specialist help that they will need, including assistance with:

  • Vehicle costing
  • Pricing structures
  • Cash flow management
  • Investment decisions
  • Computerisation of accounting records
  • Raising finance

For further information please contact Simon Reed or  Terry Knight.