Hutchings Accountants are specialist accountants in the pharmacy market. We are a leading name in the sector, not only for accountancy services but also in respect of our affiliated pharmacy brokerage company Hutchings Consultants Ltd. We specialise in helping community pharmacists make their businesses more profitable and tax efficient.
We are different to other accountancy firms because of our detailed knowledge and experience in the pharmacy sector. The majority of our clients are retail pharmacists, and we use our specialised knowledge to advise them on changes in the sector, tell them how their business compares to other pharmacy businesses, and point out any areas of concern. We can provide a full compliance and tax advice service, or work with your existing accountant to use our expertise to make sure you’re getting the best advice. We help our clients focus on the important issues and challenges facing the pharmacy sector. We are experienced in helping our client’s grow their pharmacy businesses, improve profits, and formulate an exit strategy when the time comes.
As well as the usual compliance work like preparing accounts, tax returns, VAT and payroll, we can also assist those who wish to sell or develop their pharmacy business. If you would like to develop your business we can help by providing the following services:
• Management accounts, cash-flow forecasts, business plans and bespoke reporting:
• Setting up a cloud accounting system for bookkeeping that is tailored to your requirements
• Advising you on how to make your business more tax efficient
• Ongoing advice, support and training
• Improving your business value before sale
• Giving you the peace of mind of a fixed monthly fee for all your accounting and bookkeeping needs
• We also offer a free business health check, where we carry out a full diagnostic review of your business and accounts, compare it to similar pharmacy businesses, and make recommendations on what steps to take to improve