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PKF UK and Ireland

The fastest growing major accountancy network in the UK and Ireland

Food and Drink

Food and Drink

How can we help you?

Nationally, our network of independent firms have a wealth of experience in the Food & Drink sector, which supports the whole food chain cycle including:

  • Food producers
  • Processors and manufacturers
  • Food service
  • Retailers

The type of businesses we support are often family owned with some external or private equity investors who face a range of business challenges including variable weather conditions, brand awareness and the influence of supermarket chains.

Typically, we can help advise clients on a variety of issues including:

  • Raising funds
  • Forecasting and budget planning
  • Guidance on audit, tax and accounting
  • Reviewing business strategy and plans
  • Acquiring and selling a business
  • Valuations
  • Due diligence
  • Research and development

With our extensive knowledge and understanding of the challenges faced by businesses in this sector we can offer support and guide clients in establishing priorities and achieving goals.

Here are some examples of how we can help:

Effective Planning to Grow your Business

We carry out an assessment of your business to determine any issues restricting growth or limiting the profitability of the business. This will assess all aspects of the business from the profitability of each product line, to the strength of the management team, the relevance of management information to the controls in place. Following on from this, we can help businesses plan for future growth by addressing the issues identified, and putting together a structured Business Strategy which identifies the growth potential and the resources needed to achieve this growth. We also benchmark against industry norms to ensure that you achieve the maximum return and growth potential on your business.

Funding Structure

We ensure that your business has an appropriate funding structure and can help you source any funding needed to implement your growth plan and continue to develop new processes and products to keep ahead in the marketplace. In instances where restructuring is necessary, we have the necessary expertise and contacts in the funding arena to deliver effective solutions.

Differentiate in the Marketplace

We recognise that to remain competitive in the market, food and drink businesses need to continually refine and develop new products which will meet the changing market conditions. We can assist in this process by undertaking a cost benefit analysis to ensure that the project is viable.

Improve management information

We provide expert advice on tailored and bespoke solutions to ensure that you have the appropriate management information on which to effectively run your business and make key decisions – critical for continued business success.

Maximise your tax position

Whilst many businesses think that they have maximised their tax position, our global tax specialists are able to identify areas that lead to significant tax savings due to effective planning. Areas were this will be achieved may include R&D tax credits, effective extraction planning, capital allowances review on food and drink food processing facilities, international tax, transfer pricing etc.

Financial Control & Compliance

We often take a risk based approach to your audit process, ensuring the team focus on the key areas that will deliver an efficient and effective audit. We can add value based on the specific knowledge and experience of working with food and drink companies and as a result our team can make recommendations that will improve your internal controls and business operations. Recent projects would include supply chain management, stock review systems, foreign exchange assignments, etc.

Next Stage

We advise on all stages of a company’s life cycle, from high potential start-up businesses to more mature businesses. We are market leaders in business succession and understand the many unique dynamics that need to be taken into consideration. Our world class Corporate Finance team can help you through acquisition or maximise the value received on exiting the market.


Get In Touch

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