Members of The Institute of Licensed Trade Stock Auditors

Are you a Progressive Business?

Our Services can Empower You to Take Control of Gross Profit

Regular, accurate, and comprehensive stock auditing is fundamental to running a profitable, efficient and progressive business within the licensed trade and hospitality industry.

We have 25 years stocktaking experience and Stephanie has management experience in the hospitality industry.
We use the latest auditing technology to arm you with the information you need.

You need a stocktaker from the day you take over the business from the outgoing licensee. You should employ an independent valuer with the sole responsibility of working on your behalf.

Our licensed trade business transfer service includes:

1. Independent count and value of all goods for resale that are purchased
2. An assessment of your ability to resale the goods at the right profit levels (excess stock, damaged stock, out of date stock, etc)
3. Independent count and valuation of consumable stocks you are required to purchase (fuel, cleaning materials, menus, etc)
4. Arbitration on your behalf of any disputed quantities and values.
5. An experienced professional on-site at 'change over' to advise you on anything that you are not certain about.

Once you are in your premises you should start with regular and frequent stock checks. Remember the deterrent effect of regular stocktaking on wastage and theft.

Our Stocktaker will spend time at the end of the stocktake briefing you personally on the results of the day. Our audit analysis includes:

1. Overall surplus or deficit
2. A reconciliation of your cash as well as your stock
3. Gross profit for drink and/or food
4. Explanation of the gain / loss and advice on action required to resolve / exploit
5. Examples of ways to improve your gross profit % and £s
6. Advice on stock levels and stock rotation
7. Help with cleaning cycles and costs and advice on cellar management
8. Recommendations of the sales mix and any opportunities that may exist
9. Identification of the slow movers and new product opportunities
10. Advice on your pricing mix compared to others in your area and/or of a similar offer

For expert advice and to find out more about our services please don't hesitate to contact us by phone, e-mail or fill in the online query form