Hawkins Insolvency - Leigh Lawry Accountancy

Hawkins Insolvency

The Challenge

To provide financial information to help the company directors make informed decisions on a timely basis.


The company had been operating without any real time financial systems in place. The directors run the company based on their knowledge and experience rather than detailed budgets and actual cash flows. As the company was growing, there was a need to implement robust accounting systems which would record sales and expenditure, while also creating detailed budgets for use in a Profit and Loss account. This information had to be available as soon as possible after month end, using their existing software capabilities (i.e. Microsoft Excel)


  • Understand current systems and resource used to capture and process financial transactions
  • Understand the different types of income and expenditure
  • Understand their Excel skill levels
  • Explore the required report format and timelines
  • Analyse previous records
  • Develop standard templates, ledgers and P&L account
  • Create a budget (utilising month and year to date functionality)
  • Automate functionality as far as possible


  • Up to date financial information available to the directors
  • P&L with month and year to date performance against budget used routinely
  • Analysis of debtors, outstanding balances and due dates of payment available
  • Creditor balances, and spend by supplier available
  • Bank reconciliation included to verify accuracy of records


  • Financial performance available on 1st working day of the month
  • Improved performance through routine monitoring of actual v budget
  • Customer spend analysis enhances profitable work to be sought
  • Expenditure analysis enables future business improvement opportunities to be identified
  • Enhanced product costing information available
  • Improved budgeting process
Leigh quickly understood what was necessary and within a short period of time was able to hand over a structure that has enabled us to take the business to the next level.
Clive Williams