Leisure and Tourism
The leisure industry is one of the top growth sectors in the North-West economy, and we are proud to already have a large client base in this sector. Within the leisure sector we deal with a number of types of clients:
HOTELS, GUEST HOUSES, RESTAURANTS, BARS, PUBS, INNS & TRAVEL AGENCIES
In this sector we look after clients ranging from pubs and restaurants, small guest houses, inns with rooms, travel agencies, large hotels with over 60 rooms and hotel groups with 19 hotels, located throughout the North West. Turnovers vary from £50k to over £22m, but we often find that whatever the size or location of the business similar issues arise. As well as the provision of annual audit and accountancy services, we can provide quarterly management accounts, book-keeping services, and assistance in raising finance to fund expansion. Our large tax department advise owner-managers on issues with VAT, national insurance contributions, corporation tax, income tax and capital gains tax.
Click on the image below to download a pdf of our sector credentials.
A genuine and active interest in the hotels and leisure industry has enabled us to build relationships with key industry advisors and professionals within the sector. We are members of the ICAEW Leisure Special Interest Group, Cumbria Tourism, The Lakes Hospitality Association, Marketing Lancashire, Bay Tourism and Hospa.
We have specialist sector knowledge in areas such as:
- Hotel management and reservation software, including Guestline, Reslynx and bespoke packages
- Strategic reviews to reduce costs and improve efficiency based on key performance indicators, such as wage costs, investments in hotel improvements and occupancy rates
- Human resources and payroll; seasonal demand, overseas workers and high staff turnover add considerable complexity to the one of the largest outgoing costs that business in the leisure sector face.
Read our latest leisure and tourism blogs by clicking on the logo below.
MOORE AND SMALLEY TV
Watch our latest leisure and tourism video by clicking on the logo below.
For a no obligation consultation, contact Judith Dugdale on 01772 821021 or Colin Johnson on 01539 729727
ASSISTANCE WITH BUYING A HOTEL
Buying a hotel is a major investment - it is vitally important to ensure you get the correct advice at an early stage in the process. Our team of experienced Leisure and Tourism specialists are able to assist you at any stage in the transaction, whether by carrying out a valuation of a hotel business, performing due diligence or investigations work specifically designed to reduce the risks of acquisition or by helping arrange finance for the hotel purchase.
We have two specific products available read more here:Assistance with buying a hotel pdf
1. Pre purchase review
2. Hotel financial model
Contact Paul Bennett on 01772 821021
HOLIDAY AND HOME PARKS
We act for holiday and home park businesses throughout Lancashire, Cumbria and beyond. The parks we look after are a mix of residential and holiday parks and range in turnover from £30k to over £1.5m.
Like other businesses in the leisure sector holiday parks in particular suffer from taxation and human resources issues arising from the seasonal demand for their services, alongside several issues with VAT on property. Our taxation and HR specialists can provide expert advice in these areas.
For a no obligation consultation, contact Damian Walmsley on 01772 821021
Key issues for social clubs tend to be the raising of finance for expansion or repair of club property, and compliance with the often complex rules of membership organisations.
Our wide ranging experience leaves us well placed to offer the specialist services needed to succeed in the leisure industry.
The British Holiday & Home Parks Association - representing the interests of the British parks industry.
The British Beer & Pub Associations - promoting and representing the interests of the UK's vibrant beer and pub sectors.
The British Hospitality Association - the trade association for hotels, restaurants and caterers.