Case Study - Travel Sector
XXX Travel Limited were introduced to ABG in 2009 as a speculative start up business with 2 founders and no staff. ABG initially provided accounting, payroll and tax advice together with assistance on EIS investment, EMI and unapproved share options.
Following successful fundraising ABG transitioned the outsourced accounting support back to the Company and continued to provide business advisory and year end compliance services. The company has since: obtained substantial R&D tax credits which have supported the Company’s cash requirements during its early stages become fully regulated to act as a travel agent and tour operator having previously outsourced some of these functions to another travel business grown significantly, attracted further investment and is well placed to deliver substantial returns to its founders, investors and key staff in the future.
Throughout the past 6 years ABG has been a key business partner and we continue to develop our long term business relationship with the client.