Accountants and Advisors for the:

Construction Industry.

Navigating the complex landscape of the construction industry requires not just experience, but a profound understanding and specialisation that distinguishes the generalists from the construction specialist accountants and advisors.  

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Our clients

At Nordens, we take pride in being construction industry specialists. Our deep dive into the industry means we speak your language, understand your challenges, and most importantly, foresee opportunities for growth and optimisation that others might overlook. 

Our expertise isn’t limited to a specific niche within the construction sector. We work with developers, contractors, architects, and more, delivering custom solutions that resonate with your specific project needs. 

How can our accountants and advisors help construction professionals?

From budget planning and risk management to tax and business advisory, our team is here to ensure that you can focus your efforts on projects getting delivered on time, within budget, and at the highest quality standards. 

Accountancy

VAT

With running a construction business comes with dealing with complex VAT. Our experience advising the construction industry ensures that navigating VAT will be straightforward, keeping you compliant and maximising your cash flow.

Cloud accounting & bookkeeping

As a result of cloud accounting, individuals may access their financial information from anywhere. As a result, you’ll be able to log in to your account from any computer or mobile device with a web browser. At Nordens, we understand the importance of having reliable software to make your life easier, which is why we are advisors for Xero and Dext.

Annual accounts

More than just a regulatory hoop, think of annual accounts as your business’s yearly health check. We ensure you’re not just surviving but thriving.

Company formations

Starting a new venture? From legal structures to strategic planning, we’ve got your back.

Forensic accounting

Think of us as the detectives in the financial world, diving deep to uncover facts, protect your assets, and keep your business’s integrity spotless.

Management accounting

Management accounts provide up-to-date financial information about your business. This allows you to make informed decisions promptly, rather than relying on outdated financial data. By regularly analysing your management accounts, you can monitor the performance of business in real-time. Identifying trends and fluctuations early on can help you address any issues and capitalise on opportunities. Additionally, by comparing actual financial results with budgeted figures, you can assess whether you’re on track to meet your financial goals.

Taxation

R&D

Innovating the next big thing in construction? Let’s make sure you get every penny back for pushing boundaries and breaking new ground.

Tax planning

Navigating the complex construction tax landscape to ensure you’re not overpaying. Our experts identify potential tax deductions specific to the property industry, ensuring you take advantage of all available tax breaks. We provide guidance on deductible expenses, including employee benefits, travel expenses, research and development credits, and much, much more.

Capital Gains tax planning

Our experts help to navigate the complexities of CGT by providing guidance on tax-efficient investments, exemptions, reliefs, and allowances. We assist in structuring your asset sales and transfers to minimise CGT liabilities.

Personal tax planning

You’re unique, and so is your tax situation. Tailored strategies ensure you keep more of your hard-earned success.

Tax returns

Deadlines? Stress? Leave that to us. We handle your tax returns with ease and accuracy.

Tax compliance

Playing by the rules doesn’t mean missing out. Stay compliant, smart, and ahead of the game, ensuring peace of mind and a focus on what you do best. We can advise you on Stamp Duty Land Tax, Corportation Tax, Capital Gains, IHT Planning and more.

Advisory

Business structure

When considering the structure for your business, there is more to consider for construction industry professionals than meets the eye. For example – legal and tax efficiency, scalability and growth, your exit strategy, compliance and governance and financial planning. Only once all things are considered can you set-up your business with a structure that is optimised to future proof your business.

Cashflow and profit forecasting

Predicting the future? Almost. Let’s ensure your financial forecasts are in line with your personal and business goals.

Finance

Whether you are looking to raise finance for a particular project, thinking about growing through acquisition, or looking to sell, our Raising Finance team has the expertise to help you achieve the right solution for your business.

Money management

Cash flow is perhaps one of the most important areas of business. Let’s manage it with precision, keeping you fluid and flexible.

Growth advisory

Identifying opportunities for growth and optimising your investments for maximum profitability.

Business restructuring

When it’s time to pivot, you need a plan that’s as dynamic as the industry. Let’s ensure your business stays relevant, resilient, and ready for the applause.

Business planning

Dreams are the blueprints of reality. Let’s turn your visions into actionable, strategic plans that set the stage for your success.

M&A

Buying, selling, or merging, these are more than transactions—they’re transformations. Let’s make them smooth, strategic, and successful.

Exit planning

Exit planning allows you to transition your business to new ownership in a managed and systematic way. Whether you want to sell, pass on to a family member or just simply take a step back – taking time to plan now will benefit all involved.

Accountability coaching

We’ll keep you focused, accountable, and pushing past your limits to achieve greatness.

Whether you’re embarking on your first construction project or you’re an established developer with a diverse portfolio, our accounting and advisory services are designed to guide you through every phase of your construction journey. 

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WHO WE WORK WITH

General contractors

Carpenters

Engineering Firms

Renovation Contractors

Decorators

Architects

Subcontractors

Property Developers

Interior Designers

Plumbers

Project Managers

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    Upon submitting your form Nordens will process your information in line with our privacy policy.

    Testimonials

    “We have used Nordens for the last 5 years and have had a great service throughout. The guys are very passionate about what they do and have played a part in the growth of our company, highly recommend.”

    Vivid Finishes

    “Great for Business, very efficient!
    Always a great experience with Nordens. I work in the accounts department for Forma London and I can always rely on Nordens to give me the financial knowledge and support promptly. Highly recommend the team at Nordens.”

    Forma London

    “We have been with Nordens for approximately 3 years. Fell ill during May. Mitch and staff took all the pressure away from me and dealt with a lot of the workload. Genuine people that genuinely care.
    Have never had any issues or doubts with Nordens.
    Recommended them to my father in law who has a garage servicing and repair company and also uses Nordens now. Accounts always on time with no hassle.”

    Woodville Fire Stopping

    Case Studies

    View all case studies

    Cube Developments

    Stevo The Madman

    Jamie O’Hara

    Oracle Solicitors

    Taylors Legal

    Pope Homes

    Tilbury Contracts

    WHY CHOOSE US?

    Because standard is not in our vocabulary. 

    The construction industry is as dynamic as it is demanding. Here’s how we provide the foundation and framework necessary for your projects to not only succeed but excel. 

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    1) Thorough and bespoke advisory

    There’s business advisory and then there’s business advisory. Our strategic team of consultants provide you with unmatched expertise, structured solutions, and a commitment to clear, tangible results.

    Frequently Asked Questions

    01

    How can a construction industry accountant and advisor help me improve my cash flow management?

    Cash flow management, particularly in the construction business, demands a proactive and anticipatory approach. A specialised accountant can provide valuable insights into effectively managing your operating cycles, reducing the gap between expenditures for materials and labour and the receipt of funds. This involves meticulous contract analysis, strategic timing of accounts payable and receivable, and expert advisement on leveraging lines of credit. Our expertise can ensure that cash flow is not only maintained but optimised, securing the financial health of your projects and business as a whole. 

    02

    What are the critical financial metrics that a construction industry accountant should monitor? 

    As a construction industry specialist accountant, we would suggest that we closely monitor several critical financial metrics to ensure your business’s prosperity and stability. Among these, work in progress (WIP) reports are crucial for understanding ongoing project costs and revenues, aiding in timely decision-making. Gross profit margins on jobs will be scrutinised to ensure projects remain profitable and within budget. Additionally, the ratio of current assets to liabilities (current ratio) will be assessed to evaluate your company’s short-term financial health. Monitoring these metrics enables strategic adjustments, fostering business growth and financial resilience. 

    03

    How can an accountant specialised in the construction industry aid in tax planning and compliance? 

    Navigating the complex web of tax regulations and compliance requires a strategic approach, especially in the construction industry known for its multifaceted operations. A specialist accountant will bring to the table in-depth knowledge of tax laws and opportunities specific to construction, including unique deductions, credits, and strategies to optimise tax outcomes. This proactive tax planning and compliance oversight ensures not only adherence to legal obligations but also maximises tax efficiency, significantly impacting your bottom line positively. 

    04

    In what ways can a construction industry accountant contribute to the long-term strategy and growth of my business? 

    Long-term business strategy in construction transcends routine financial management, extending into strategic planning for sustainability and growth. A specialist accountant can be instrumental in identifying growth opportunities, whether through expansion, diversification, or strategic partnerships. Our expertise allows for the evaluation of investment opportunities, risk assessment, and financial forecasting. By aligning financial strategy with business objectives, a construction industry accountant plays a pivotal role in not only safeguarding but also envisioning and executing the path to long-term success and expansion. 

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    If you’re currently considering a change of accountant, or engaging with one for the first time, reach out to one of our expert advisors to discuss your situation and consider all options available to you. 

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