Case Studies

  • 22nd Nov 2011 - RedQuadrant Ltd

    We decided to appoint Farnell Clarke because, first and foremost, I know and trust Will Farnell. He is an entrepreneur and a small business owner himself, but his background in blue chip companies demonstrates his ability to understand a range of markets. 

    We feel it’s important to have an accountant who has an understanding of our business – and can explain accountancy to us in terms that make sense.  Secondly, the approach Farnell Clarke takes suits our style.  Like us the firm is ‘lean’, informal and focuses on doing the necessary stuff and doing it well, with the minimum of fuss.

    From handling our initial start-up as a business, Farnell Clarke has helped us achieve £750k first-year turn-over and probably £1m in year two, by providing the right kind of support to us as we grow a consulting business.  Perhaps most importantly, Farnell Clarke also provides services to a large proportion of our associates which helps them in setting up their own first business and means we have assurance that their billing, tax management, accountancy etc are all being handled properly and they, and we, have the same expectations.

    In terms of what elements of the Farnell Clarke service are especially useful to us, there are so many.  Farnell Clarke introduced us to Kashflow, our online accounts package.  We love Kashflow because it’s very intuitive and makes a lot of sense.  We can get and update our information instantly and so we make sure our accounts are up-to-date on a weekly basis. I just wish I had an iphone so I could use the app – I can’t wait until they do one for the blackberry!

    Farnell Clarke also handle our payroll very efficiently.  Most useful though is Will’s catchphrase ‘I’m always just on the end of the phone’, which really is true: he’s available very quickly to respond to all queries and explain things in plain English.

     

    RedQuadrant Ltd
    “From handling our initial start-up as a business, Farnell Clarke has helped us achieve £750k first-year turn-over and probably £1m in year two, by providing the right kind of support to us as we grow a consulting business”