Case Studies
Case Studies
LAUNDRY BUSINESS
This medium-sized, family-run business handles the laundry for prestigious hotels in the heart of London and has been a trusted partner of Thomas Quinn for more than 20 years. In the last few years, it has relocated and refinanced to enable growth. During both transitions, the Thomas Quinn team guided the business on tax implications and planning, and put the team in touch with potential lenders to help the business achieve its long-term aims. We have monthly conversations with the team, covering day-to-day management of the business and growth potential, and acting as a sounding board for key decisions. "Throughout our longstanding association with Thomas Quinn – during which time our business, as with all businesses, has experienced its highs and lows – the team has always been available, helpful, reliable and extremely professional in providing us with advice and an excellent service."
INJECTION MOULDING BUSINESS
Thomas Quinn has worked with this medium-sized, family run business – which carries out injection moulding for household-name brands – for more than 10 years.
The business does research and development (R&D) work to improve the product and develop new ones, making it eligible for an R&D tax credit scheme – and the team consulted Thomas Quinn on this. We explained the benefits and discussed the company’s key research projects to assess its eligibility for the scheme. Together, we created reports for submission and the business was successful in its application. Now it has a template for expenditure and credit applications, which will make the process more streamlined in future.
"We found the service to be professional, laser-focused and entirely suited to a company like ours. Thomas Quinn brought its tax expert to a meeting to discuss the R&D tax credit scheme. We were given support in converting everything into an R&D claim which was ultimately successful in claiming back vital funds to help our company commit to more research and development. We are very happy."
FREE TIME SERVICE
As a sole business owner with no employees, our client needs the time and space to focus on his company, without the burden of back-office administration. His free-time account with Thomas Quinn means that his bookkeeping, HMRC payments, invoicing and even chasing customers for payment are all covered by us.
"Thomas Quinn have been great. They made running the company so much easier than my first time round way back in the 80s when I had to make tax rules a personal hobby! It was so much less intensive having all the good people at Thomas Quinn doing the hard work for me and keeping me on the right track."