We are accountants for pharmacists who operate a single pharmacy or several. Our specialist team understand the unique problems you face and can support you.

At a time of financial pressure on NHS budgets and rapid technological change, our team with 20 years’ industry experience can help you maintain sales and increase profits, leaving you to focus on providing an exceptional service to clients.

How can we help you?

Our team will offer you and your pharmacy tailored comprehensive services.

Setting up a pharmacy can be a very exciting time. Our team of specialist pharmacy accountants and business advisers can help with:

  • Benchmarking
  • Choosing the best business structure
  • Preparing a business plan
  • Sorcing funding
  • Pricing strategy
  • Staffing strategy
  • Tax planning

We are here to listen to you and help develop a plan that achieves all of your objectives.

Whether you operate a single pharmacy or several, we have the expertise and sector knowledge to support you. We can help you maintain sales and increase profits, ensuring you can focus on what is important - providing an exceptional service to your clients. We can help with:

  • Accounting and bookkeeping 
  • Benchmarking and practice profitability 
  • Business plans and financial projections 
  • Financial planning
  • Goodwill valuations
  • Management accounts
  • Ownership change
  • Payroll
  • Raising finance
  • Tax planning and compliance

If you are considering selling your pharmacy, we can help you. Our services are designed to maximise your return and mitigate tax, including:

  • Pre-sale profit improvement advice
  • Pre-sale taxation planning
  • Valuing your practice
  • Negotiation of price and terms
  • Assistance with the due diligence process
  • Supporting you through the process to completion
  • Financial review of legal documentati on
  • Assistance with post completi on matters

All dealt with in the strictest of confidence.

If you are considering buying a pharmacy, our buying service will support you through the entire process, including:

  • Advice on structure for aquisition
  • Assistance with completion acounts
  • Benchmarking
  • Calculation of variable EBITDA
  • Comparison of purchase price
  • Financial due dilligence
  • Identifying and approaching targets
  • Reviewing admin expenses
  • Reviewing staffing levels

 

  • Accounting and bookkeeping
  • Benchmarking and practice profitability advice
  • Business plans and financial projections
  • Buying a pharmacy
  • Due dilligence
  • Financial planning
  • Goodwill valuations
  • Management accounts
  • Ownership change
  • Payroll
  • Raising finance
  • Mergers and de-mergers
  • Remuneration advice
  • Sage installation and training
  • Selling a pharmacy and preparing it for sale
  • Setting up a pharmacy
  • Tax planning and compliance

Understanding pharmacy finance

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Understanding you and helping you achieve your goals

We understand the challenges and opportunities in the pharmacy industry.

Whether you operate an independent pharmacy, a small chain, a large chain or are a locum/self-employed pharmacist, we can give you realistic, customised advice that will help you realise your potential and achieve your goals.

Going beyond the compliance based services that many accountancy firms offer, we always think creatively and will offer advice beyond conventional compliance.

If you decide to sell your business, we can also help in negotiations and place a fair value on the business and goodwill.

Making a difference

We work with pharmacies on a full time basis ensure we can provide you with timely business advice and support for you and your pharmacy.

To ensure you are receiving relevant information on topical issues affecting the pharmacy market, we are also members of AIM Pharmacies.

 

Key contacts

Content image: /uploads/team/unknown.jpg Richard Pontin-Medes
Richard Pontin-Medes
Director
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Content image: /uploads/team/unknown.jpg Tara Harris
Tara Harris
Senior Associate
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Content image: /uploads/team/unknown.jpg Aleisha Starkie
Aleisha Starkie
Senior Associate
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