Engineering
£214k
£28k
A 150-person marine engineering firm, 2025 (demo).
Client
Fenwick Marine
Firm size
150 people
Engagement
9 months
Year
2025

1
The problem
Fenwick paid tax in advance based on a record year. This year’s profit was lower, so the company was paying for profit it was not making.
2
What we did
We forecast the year’s taxable profit every quarter.
We used the forecast to support a lower advance payment.
We set up a quarterly review, so the payments follow the forecast in both directions.
3
What changed
Fenwick kept £186,000 in the business during 2025 that would otherwise have been paid early and refunded later.
“That cash paid for the new workshop roof.”
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