Supporting UK manufacturers and engineering firms with growth, innovation and resilience
Manufacturing and engineering businesses are at the heart of the UK economy – but they also face intense competitive, regulatory and operational pressures. Whether you’re investing in automation, expanding internationally, or navigating global supply chain volatility, Streets delivers the specialist support you need to adapt and grow.
We provide accountancy, tax and business advisory services to help manufacturers improve efficiency, manage costs, secure innovation funding, and plan with confidence – backed by in-depth industry knowledge and a focus on results.
Trusted Manufacturing Accounting Advice
We work with a wide range of manufacturers, engineers and related businesses, including:
- Precision and specialist engineering firms
- Contract manufacturers and fabricators
- Electronics and component manufacturers
- Food, drink and packaging producers
- OEMs and tiered automotive suppliers
- Aerospace and defence contractors
- Materials and process manufacturers
- Exporters and global supply chain operators
Our advisers understand your world – from factory floor to boardroom – and provide support that’s practical, strategic and growth-focused.
Our Manufacturing Accounting Services
Accounting and Compliance
- Year-end statutory accounts and Companies House filings
- Management accounts and cost centre reporting
- Cash flow forecasting and working capital management
- VAT compliance and partial exemption
Audit and Assurance
- Statutory audits for manufacturers and groups
- Internal control and risk reviews
- Grant assurance and funding compliance
- Stock valuation and inventory assurance
Taxation Services
- Corporation tax planning and compliance
- R&D Tax Reliefs and RDEC claims for qualifying innovation
- Patent Box and capital allowances on plant and machinery
- VAT and customs advice for international trading businesses
- Employment tax and benefit-in-kind support
Strategic Business Advisory
- Business planning, budgeting and margin analysis
- Advice on Enterprise Management Incentive (EMI) schemes to attract and retain key staff
- Support with mergers, acquisitions, and succession planning
- Pricing and cost modelling to protect margins in volatile markets
- Outsourced finance function support (including ViFi – Virtual Finance Office)
International and FX Risk Advisory
- Support with global expansion and cross-border operations
- Foreign exchange (FX) risk management, including advice on forward contracts for importers and exporters. Locking in exchange rates offers certainty when pricing and helps mitigate margin volatility – critical for manufacturers reliant on global inputs and sales.
- Trade structuring and customs duty support
- Guidance on the impact of changing trade tariffs, including tariff hikes and their effect on supply chain cost and profitability
Payroll and Employment Support
- Payroll bureau and RTI compliance
- Auto-enrolment pensions and staff benefits
- Advice on shift patterns, bonuses and workforce retention schemes
Why Choose Streets Manufacturing Accountants?
Manufacturing Sector Specialists
We understand the complexities of modern manufacturing and engineering – and offer proactive support that goes beyond the numbers.
Innovation-Led, Growth-Focused Advice
From R&D and automation to pricing strategy and overseas expansion, we help you invest wisely and scale successfully.
Strategic Insight and Financial Clarity
We support better decision-making with clear forecasting, margin analysis and financial planning.
Complete Support from Shop Floor to Boardroom
Whether you’re raising investment, incentivising talent, or preparing for exit, we provide integrated financial support you can trust.
Powering Innovation, Growth and Operational Resilience within the Manufacturing and Engineering Sector
Whether you’re improving production processes, investing in your team, or responding to global market change, Streets offers expert, strategic support to help you succeed.
Manufacturing Accounting FAQs
What is a manufacturing accountant?
A manufacturing accountant provides financial support tailored to the production cycle – from cost tracking and inventory control to capital investment planning. At Streets, we help manufacturers manage cash flow, claim R&D tax relief, and make informed decisions that drive profitability.
What is a cost accountant in manufacturing?
A cost accountant in manufacturing analyses production costs – materials, labour, overheads – to improve efficiency and pricing strategies. Streets support manufacturers with detailed cost analysis, helping you optimise margins, identify waste, and improve financial performance across your operations.
How do I find the right accountant?
How do I find a competent accountant?
A competent accountant for manufacturing should be both technically qualified and commercially focused. At Streets, our team understands the demands of high-volume production, regulatory standards, and the funding pressures manufacturers face – delivering proactive, strategic support you can rely on.
