The following case studies are just a few examples of how Kingsmere has helped our clients.
As well as working on a regular basis and becoming part of your senior team, we can also focus on specific standalone projects.
The Process
Kingsmere carried out a root and branch review of its operations, assessing individual and departmental performance as well as overhead control.
The Result
The conclusions and measures suggested bought sufficient time to enable the firm to restructure and carry on trading profitably before being sold to a third party.
The Process
Kingsmere reviewed alternative structures from financial, legal and cultural perspectives, and produced five-year financial models to support each option. We determined that a Limited Liability Company was the preferred option.
The Result
New company set up; smooth transition from LLP to new vehicle.
The Process
Kingsmere reviewed existing procedures and assessed staff capabilities. We restructured the department and utilised the full capabilities of a Practice Management system.
The Result
Monthly suite of management reports for Executive, Partners and Fee-Earners to support proactive working capital management.
The Process
Kingsmere examined the background of issues involved, then negotiated with HMRC to reduce the amount owed and arrange a repayment structure.
The Result
Successfully agreed a payment plan which enabled the Client to manage cashflow for the additional requirement, without adversely affecting operational performance.
The Process
We formed a Project Group representing each of the Firm’s departments, reviewed available systems and produced a shortlist which led to selection of successful provider. A project plan involving rigorous testing and parallel run procedures was established. Kingsmere also coordinated all aspects of the installation.
The Result
Successful installation of new system, one benefit of which was that all Fee-Earners had their month-end reports delivered to their individual printers automatically on the first morning of the new month.