Looking back on 2023 for Ellis & Co

As 2023 draws to a close and many businesses throughout the UK prepare for a well-deserved break over the festive period, the team at Ellis & Co are looking back at what has been a highly successful year.

For Ellis & Co, we were lucky to welcome a number of new members to the team this year, including Emma Wiseman, who joined as a Trainee Accountant. The team also celebrated our very own Alice Williamson in achieving her qualification to become a Senior Accountant and Director, James Ellis, in receiving RI status (Responsible Individual for audits).

In celebration of our multiple team successes and multiple client wins, Ellis hosted, sponsored and attended a number of events throughout the year. From sponsoring a showjumping event at the iconic Bolesworth Castle to the sponsoring the Business of the Year Award at the much-anticipated WCNW Chamber Annual Ball and Recognition Awards 2023, and not forgetting those all-important team building days, including a fateful trip to the Chester Escape Rooms.

The icing on the cake of this phenomenal year for Ellis came in the form of a brand new website and team photoshoot. Showcasing the business’ expertise across a wide range of areas from accountancy to bookkeeping, business consultancy to payroll, the new site comes packed with handy hints and tips on all things taxation, not to mention key dates all business owners must know and useful insights from the business world.

Speaking on Ellis’ successes over the past 12 months, Director John Farrell has said:

“2023 has been an excellent year at Ellis & Co both in and out of the office. On behalf of everyone at Ellis & Co I would like to thank all of our clients, contacts and partners and look forward to continuing to work with them in 2024.”

Looking forward to 2024, we are gearing up for what is expected to be yet another great year for both the team and clients. Key to this is in ensuring that businesses are appropriately preparing for the year ahead and understanding their key responsibilities as we move into the New Year. So, what can you do to ensure that your 2024 is a success for your business?

Analyse 2023

Of course, before you plan for the next 12 months you must review the previous 12. This will include your successes, any issues you came across, how these were resolved and, importantly, how your cash flow fared in 2023. From doing this you will more accurately be able to identify areas for improvement.

Understand your goals

Once you have identified what you want to improve upon, you can then begin to set your business goals for the year ahead. Where do you want the business to be in 2024? And what can your analysis tell you to make these goals achievable? At this stage it is always valuable to consider budgets that will ensure you have the working capital needed to achieve your goals.

Advice from the experts

More than just accountants, Ellis & Co are in the ideal position to support businesses in analysis and future planning to give the best chance of success in the New Year. We have a clear view of our clients’ financial standing, extensive knowledge of the company’s pain points and USPs, not to mention many years’ experience in helping businesses to grow and thrive.

Take a look at some of the feedback that Ellis & Co has received from businesses across the North West and North Wales on how they have been supported throughout the past 12 months:

“Precision Facades Ltd relationship with Ellis & Co has continued to flourish during 2023. PFL have experienced significant growth over the last few years and Ellis & Co have always been there to support our business with excellent advise on all things finance. The directors and all the staff are a credit to their industry and we look forward to working closely with them all in 2024 and beyond.” – Steve McGowan, Managing Director, Precision Facades Ltd.

“It’s been an incredible journey so far for us at Ellis & Co. I can’t believe we’re heading into our third year together but time flies when you’re surrounded by a reliable and efficient team. When we made the decision to switch accountants we were searching for a seamless transition and a valuable partnership and we found exactly what we were looking for with Ellis & Co. Growth, efficiency and unwavering support.” – Will Powell, Managing Director and Owner, Powell’s Jewellery

If you’re looking to work with an established, local accountant in 2024, contact the Ellis & Co team today on 01244 343 504 or email info@ellis-uk.com.