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Success Story

Business support drives a charity forward

NCUK were suffering from a lack of support from their well-known accountancy firm. They turned to Hallidays for a professional service and advice to improve their systems and proactively drive their organisation forward.

Before

This unique limited company owned by a consortia of 11 leading Northern UK universities was suffering from ongoing weaknesses in their client systems and were receiving no direction or input from their previous accountants to address these.

Their previous accountants had made errors in client accounts resulting in financial losses for NCUK.

NCUK were frustrated by the lack of support and advice from their previous accountants and were looking for a more proactive approach.

After

Proactive advice and guidance from Hallidays resulted in improved systems, stronger internal controls and a close review of budgets and forecasts.

Hallidays corrected their figures and provided one-to-one guidance on how to interpret the numbers, increasing the confidence of the management team and board when making decisions.

NCUK have peace of mind knowing they have ongoing support from their Hallidays team whenever they need it.

Outcome

NCUK now have a team they can rely on to provide their accountancy services and advise them on how to drive their organisation forward.

Hallidays improved NCUK’s information systems allowing the senior management team to present detailed financial reports to the Board of Trustees with confidence.

With Hallidays support, NCUK has produced a robust business plan and entered new markets with the knowledge that they have a management information system in place which reports full, timely and accurate information.

What the client said...

“In the time we have worked with Hallidays we have faced a number of challenges. The team at Hallidays never fail to impress with the speed at which they get to the heart of any problem we face and identify constructive and commercial solutions. The Hallidays team offers a truly proactive approach.”

Northern Consortium UK Ltd
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