Does your business need a fresh injection of expertise through a clear and independent review to guarantee future growth and success?
We understand how construction firms of all sizes can face unseen challenges and be so busy with the day-to-day work that strategies for the future can often take a back seat. We provide comprehensive, accurate and reliable assessments and ensure all financial records are thoroughly examined to give companies peace of mind.
Our team of highly-skilled and experienced experts can help you to set achievable targets and introduce far-reaching action plans to drive improvement and growth.
What is an independent business review?
An independent business review provides an in-depth analysis of a business’s viability and financial structure. We carry out highly-detailed company audits and provide a risk assessment service that has helped countless clients of all sizes.
Why do companies need a business review?
Companies, in particular SMEs, can benefit from a business review to avoid making trading mistakes, support their forecasting and strategies and effectively act as an executive function in running their business.
We review operations if their results are underperforming, identifying the issues that need improving and using the right software to reap the rewards of further growth and safeguard future success.
Independent company audits
Our comprehensive independent business review service and technical due diligence reporting provide an in-depth overview of balance sheets, systems and management, forecasting and potential exit strategies.
Our business specialists will:
- Provide detailed audits containing risk assessments using a lender-prescribed template, either on-site or remotely
- Take a deep dive into the data, analysing debtors, retentions, tendering activity and cash flow
- Report on the fullest picture possible of a company’s health
- Create a simplified desktop review for lower levels of lend facility
- Provide a contract review to highlight any potential risks
- Help companies to maintain transparency and compliance
- Identify how to optimise profit
Business risk assessments
Our company audit team is dedicated to providing comprehensive, accurate, and reliable assessments for businesses of all sizes. Our team of auditors will:
- Thoroughly examine a company’s financial records
- Adhere to the highest industry standards and regulatory requirements
- Help you to maintain transparency and compliance
- Identify potential hazards before they happen
- Provide invaluable insights to inform decision-making
- Analyse and quantify potential risks
- Avoid damaging situations
- Create mitigation strategies
- Use our risk expertise to protect a client’s investment
Who does Naismiths provide independent business review services for?
We work closely with asset-based lenders, such as banks, challenger banks or investors looking to provide loans that need a detailed analysis of a company’s performance – or we can be appointed directly by a company wanting an expert review.
We can produce an in-life audit when a company has a facility from a financier, assessing the ledger debt and the risks or trends involved. It is vital that investors know a company is not going to become distressed.
We are on a panel of lenders qualified to carry out detailed reviews and audits.
