Lumen Electronics: Savings and business improvements within 100 days
“We got in touch with Cloud 360 Accounting initially as we were fed up using Sage and getting our books done quarterly for VAT returns only. We wanted to get better reports and have our books done much more often than every 3 months.
After a few months of working with the team at Cloud 360, we decided to appoint their team to take care of everything…….year-end accounts, tax, mid-year reporting etc.
We knew we were investing more in our finance department with Cloud 360 but very quickly we could see why.
- Queries answered on the same day, often within hours
- VAT savings of £6.6k by chasing and processing missing supplier invoices (we hadn’t had that done before)
- Liaising with our R&D tax team promptly to get cash back from HMRC
- Attention to detail resulting in additional tax reliefs for our business
- Constantly looking at ways to improve and automate our financial systems
It’s easy to see why these guys won Xero’s award for UK small firm of the year in 2021. We highly recommend Cloud 360 Accounting as the best finance team for your business.”
Lumen Electronics Ltd